Brokerage stock recommendations: As Dalal Street enters the March 20 session, brokerages have several stocks on their radar. Here's what UBS, Jefferies, Macquarie, JPMorgan, Citi and Nomura make of stocks such as Tata Technologies, Zomato, Gujarat Gas, Engineering Research & Development (ER&D), Electronics Manufacturing Services (EMS) and oil marketing companies (OMCs):

Eicher Motors share price target

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

UBS has a 'buy' call on the Eicher Motors stock with a target of Rs 5,000.

Brokerage on ER&D: Cyient, Tata Technologies

JP Morgan has initiated ratings on Engineering Research & Development (ER&D) stocks including Cyient and Tata Technologies.

JP Morgan has initiated an 'overweight' rating on the Cyient stock with a target of Rs 2,600. While the brokerage has initiated an 'underweight' rating on the Tata Technologies stock with a target of Rs 800.

RR Kable share price target

Citi has a 'buy' call on the RR Kabel stock with a target of Rs 1,728.

Brokerage on EMS: Syrma SGS, Kaynes

Jefferies has ratings on Electronics Manufacturing Services (EMS) stocks, including Syrma SGS Technology and Kaynes Technology

Syrma SGS share price target

Jefferies has a 'buy' call on the Syrma SGS Technology stock with a target of Rs 640.

Kaynes share price target

Jefferies has a 'hold' call on the Kaynes Technology stock with a target of Rs 2,900.

Brokerage on OMC: HPCL, BPCL, IOCL

Two brokerages, Nomura and Macquarie have different ratings on the oil marketing companies (OMC) stock, including Hindustan Petroleum Corp Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL).

HPCL share price target

Nomura has a 'buy' call on the Hindustan Petroleum Corp Ltd (HPCL) stock with a target of Rs 570. Macquarie, on the other side, has downgraded the rating on the stock from 'outperform' to 'neutral' with a target of Rs 425.

IOCL share price target

Nomura has a 'buy' call on the Indian Oil Corporation Ltd (IOCL) stock with a target of Rs 195, while Macquarie dowgraded the rating from 'neutral' to 'underperform' with a target of Rs 130.

BPCL share price target

Nomura has maintained a 'buy' call on the Bharat Petroleum Corporation Ltd (BPCL) stock with a target of Rs 735.

Gujarat Gas share price target

Citi has maintained a 'sell' call on the Gujarat Gas Ltd stock with a target of Rs 450.

Zomato share price target

Bernstein has maintained an 'outperform' rating on the Zomato stock with a target of Rs 200.