Should you buy L&T, TCS, DLF, Godrej Properties, DMart, other stocks today? Here is what brokerages recommend

Here's what Goldman Sachs, Jefferies, Macquarie, JPMorgan, Citi, Morgan Stanley, CLSA and HSBC make of stocks such as Larsen and Toubro (L&T), DLF, Godrej Properties, Avenue Supermarts (DMart) and Tata Consultancy Services (TCS)
Should you buy L&T, TCS, DLF, Godrej Properties, DMart, other stocks today? Here is what brokerages recommend
Should you buy L&T, TCS, DLF, Godrej Properties, DMart, other stocks today?

As Dalal Street enters the April 2 session, brokerages have a dozen stocks on their radar. Here's what Goldman Sachs, Jefferies, Macquarie, JPMorgan, Citi, Morgan Stanley, CLSA and HSBC make of stocks such as Larsen and Toubro (L&T), DLF, Godrej Properties, Avenue Supermarts (DMart) and Tata Consultancy Services (TCS):

Morgan Stanley has maintained an 'underweight' rating on the Aditya Birla Fashion and Retail Ltd (ABFRL) stock with a target of Rs 200.

Jefferies has expected that export defence opportunity should rise at 21 per cent CAGR in FY23-30. The brokerage has bullish on three defence stocks: Hindustan Aeronautics Ltd (HAL), Bharat Electronics Ltd (BEL) and Data Patterns.

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The brokerage has initiated a 'buy' call on the two stock, Hindustan Aeronautics Ltd (HAL) and Data Patterns India with a target of Rs 3,900 and Rs 3,545, respectively. The brokerage has maintained its 'buy' rating on Bharat Electronics Ltd (BEL) shares with a target of Rs 260.

Jefferies on Defence

StockRatingTarget (in Rs)
HALBuy3,900
BELBuy260
Data PatternBuy3,545

Citi has maintained a 'buy' call on the Larsen & Toubro (L&T) stock with a target of Rs 4,373.

Macquarie has an 'outperform' rating on the AB Capital stock with a target of Rs 230, while Morgan Stanley has maintained an 'equal-weight' rating on the stock with a target of Rs 190.

Two brokerages, Morgan Stanley and CLSA, have mixed ratings on major real estate company stocks, including DLF, Godrej Properties, Macrotech Developers and Prestige Estates Projects.

Morgan Stanley has issued an 'equal-weight' rating for DLF and Macrotech Developers, while for Godrej Properties and Prestige Estates Projects, it has an 'overweight' rating, while another brokerage, CLSA has maintained a 'buy' call on the Prestige Estates Projects with a target of Rs 1,520.

Morgan Stanley on Real Estate

StockRatingTarget (in Rs)
DLFEqual-weight900
Macrotech DevelopersEqual-weight1,050
Godrej PropertiesOverweight2,500
Prestige Estates ProjectsOverweight1,400

CLSA has maintained a 'buy' call on the Avenue Supermarts (DMart) stock with a target of Rs 5,514.

Morgan Stanley has maintained an 'underweight' rating on the Dixon Technologies stock with a target of Rs 5,241.

Three brokerages - HSBC, Goldman Sachs and Citi have issued their ratings on major Indian information technology company stocks including Tata Consultancy Services (TCS), Infosys, LTIMindtree, HCL Technologies and Wipro.

Brokerages on TCS

BrokerageRatingTarget (in Rs)
HSBCBuy4,540
Goldman SachsBuy4,320
CitiSell3,500

Brokerages on LTIMindtree

BrokerageRatingTarget (in Rs)
HSBCHold5,660
Goldman SachsBuy6,020
CitiSell4,725

Goldman Sachs has maintained a 'neutral' rating on the HCL Technologies stock with a target of Rs 1,440.

Citi has maintained a 'neutral' rating on the Infosys stock with a target of Rs 1,660.

Citi has maintained a 'sell' call on the Wipro stock with a target of Rs 440.