Moneycontrol PRO
HomeNewsBusinessStocksBuy, sell, hold: 9 largecap stocks that analysts advise to buy

Buy, sell, hold: 9 largecap stocks that analysts advise to buy

Citi maintains buy on Hindustan Zinc and Hindalco. It has upgraded Vedanta and Cairn India to buy from neutral. It has downgraded Nalco to neutral from buy and neutral on Tata Steel. It has a sell call on Jindal Stainless and SAIL.

October 05, 2016 / 09:24 IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Moneycontrol Bureau Here are stocks that analysts are suggesting to buy

Metal stocks Citi maintains buy on Hindustan Zinc and Hindalco. It has upgraded Vedanta and Cairn India to buy from neutral. It has downgraded Nalco to neutral from buy and neutral on Tata Steel. It has a sell call on Jindal Stainless and SAIL.

Motherson Sumi Nomura has initiated coverage with buy rating and target price of Rs 387. It expects standalone revenue CAGR to accelerate to 15 percent over FY16-19, expecting EBITDA margin to improve to 12 percent in FY19.

Tata Motors JP Morgan is overweight with price target of Rs 570 per share on new JLR launches and improving domestic environment will drive growth.

Nomura has buy rating with target price of Rs 601 per share. It expects Jaguar sales momentum to remain strong in FY17 led by XE, F-Pace. Land Rover to benefit from launches of Evoque and the new discover. It expects 6-19 percent growth in global wholesales & retail sales of JLR.

Macquarie has outperform with target  price of Rs 600 per share, expecting new models to continue to  drive growth for JLR in FY16-18.

first published: Oct 5, 2016 09:10 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347