Brokerages stock recommendation: As Dalal Street enters the March 27 session, brokerages have a dozen stocks on their radar. Here's what Jefferies, UBS, JPMorgan, Citi, CLSA, HSBC, Nomura and Bernstein make of stocks such as Crompton Greaves, ABB India, oil marketing companies (OMCs), Banking and pharmaceuticals:

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

Two brokerages, UBS and Jefferies have maintained a 'buy' call on the ABB India stock with a target of Rs 7,550 and Rs 6,250, respectively.

Crompton Greaves share price target

CLSA has an 'outperform' rating on the Crompton Greaves Consumer Electricls stock with a target of Rs 310. While Morgan Stanley has maintained an 'equal-weight' rating on the stock with a target of Rs 275.

JPMorgan has maintained a 'neutral' rating on Crompton Greaves shares with a target of Rs 270.

Brokerage on OMCs: HPCL, BPCL and IOCL

The global brokerage, Citi has bullish on oil marketing companies (OMCs) including Hindustan Petroleum Corp Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL) and Indian Oil Corporation Ltd (IOCL). The brokerage has maintained a 'buy' call on the OMC stock with a target of Rs 635, Rs 750 and Rs 195, respectively.

Citi on OMCs

Stock Target
HPCL 635
BPCL 750
IOCL 195

MGL share price target

Citi has a 'neutral' rating on the Mahanagar Gas Ltd (MGL) stock with a target of Rs 1,405.

Brokerages on Bank stocks: ICICI Bank, HDFC Bank, Axis, SBI and IndusInd

Two brokerages, HSBC and Nomura have maintained its ratings on the Banking stock including ICICI Bank, HDFC Bank, State Bank of India, IndusInd Bank and Axis Bank. Here are the targets:

Nomura on Banks

HSBC on Banks

Stock Target Target
ICICI Bank 1,225 1270
HDFC Bank 1625 1750
Axis Bank 1250 1404
IndusInd Bank 1760 2040
SBI 825  

Brokerage on Pharma Stocks:

The foriegn brokerage, Bernstein has maintained its 'outperform' and 'underperform' ratings on the major pharmaceuticals companies: Cipla, Lupin, Abbott India, Divi's Laboratories, Biocon, Dr Reddy laboratories, Aurobindo Pharma, Gland Pharma and Alkem Laboratories.

Bernstien on Pharma

Stock Target
Cipla 1461
Lupin 1581
Abbott India 20013
Divi's Labs 3064
Dr Reddy's Labs 5655
Biocon 319
Aurobindo Pharma 1012
Gland Pharma 2089
Alkem Labs 5770