Should you buy, sell or hold Pidilite Industries, Kansai Nerolac, Exide Industries, UPL, Mahanagar Gas other stocks today?

Which stocks to buy, hold or sell today? As Dalal Street enters the May 9 session, here's a look at what brokerages make of some of the key stocks in focus.

Stocks like Pidilite Industries, Kansai Nerolac, Mahanagar Gas Limited, Exide Industries, UPL, Sun Pharma, and other shares are on their radar today.

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Check out the full list of what brokerages recommend, including Pidilite Industries, Kansai Nerolac, Mahanagar Gas Limited, Exide Industries, UPL, Sun Pharma, and other stocks:

Pidilite Industries

Global brokerages are skeptical on Pidilite Industries after lower-than-estimated earnings of fevicol maker in the March quarter of the financial year 2022-23. Macquarie maintained an ‘underperform’, rating, while JP Morgan has an ‘underweight’ stance on the stock.

Amid competitive pressures from paint players, the company pointing to near-term uncertainty, Macquarie said, adding that it remains concerned about FY24/25 EPS.

Mahanagar Gas

Despite good Q4 earnings, the brokerages are divided on Mahanagar Gas shares as Macquarie maintained a ‘neutral’ call, while retains a ‘hold’ call on the stock.

Kansai Nerolac

Brokerages are divided on Kansai Nerolac as Macquarie has a ‘neutral’ rating, while Morgan Stanley retains an ‘underperform’ call and Nomura has a ‘buy’ stance on the stock.

Exide Industries

Brokerages are bullish on Exide Industries shares despite missing estimates, Citi gives a ‘buy’ call, while JP Morgan maintained an ‘overweight’ rating on the stock.

UPL

Jefferies maintained a ‘buy’ stance on UPL with a revised target of Rs 925 from Rs 905 apiece. The company missed Q4 estimates due to sharp operating margins decline.

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