Check out: 8 stocks on brokerages' radar

UBS has maintained a "NEUTRAL" stance on Patni Computer, however, it has cut the target to Rs 380 from Rs 475. They believe that the benefits from the iGate and Patni integration are unlikely to have meaningful impact over the next few quarters. They expect the lower free float and the lack of clarity on delisting to continue to weigh heavily on the stock, limiting upside.

CLSA has maintained an "OUTPERFORM" rating on United Spirits with a target of Rs 1,125. With the consensus lowering FY13 estimates by 22% in the last 12-months it believes a large part of expectations adjustment is already over. CLSA expects over 30% earnings growth in Q1FY12 that would be the near-term trigger for the stock.

JPMorgan has maintained an "OVERWEIGHT" rating on MOIL with a target of Rs 450. This is despite its expectations that the company will report a soft first quarter given the price cut implemented over the last few months and tepid demand trends

Meanwhile, Goldman Sachs has a "SELL" rating on Nestle with a target of Rs 3,396. It feels that their store audits confirm high competition for shelf space with three majors like HUL, ITC and Nestle competing in the packaged foods categories, which remain a risk to margins. They believe current valuations price in volume growth and increasing margins, which we see as unlikely given high competition and input costs.

Citi has a "BUY" recommendation on DB Corp with a target price of Rs 305. The rising consumption in non-metro cities and the big mismatch in the share of ad revenues for regional papers would make the stock an interesting play

Credit Suisse is "NEUTRAL" on HDFC based on valuations with a target price of Rs 725. Improvement in market share, drop in costs and margin recovery are some of the key positives.

Nomura has reiterated a "BUY" on Crompton Greaves on account of positive surprises in their annual report. The target price is at Rs 325. Mitigation of concerns from overseas subsidiaries, margin recovery, pick-up in execution and order flow in domestic power systems are some of the key catalysts. They consider the stock to be the most attractive pick in the space.

Credit Suisse has retained "UNDERPERFORM" rating on Tata Steel and all Indian steel stocks under coverage due to sectoral concerns.