Moneycontrol PRO
Black Friday Sale
Black Friday Sale
HomeNewsBusinessStocksBuy, Sell, Hold: 6 stocks and 2 sectors are on investors’ radar on March 8, 2018-03-08

Buy, Sell, Hold: 6 stocks and 2 sectors are on investors’ radar on March 8, 2018-03-08

Aegis Logistics, Tata Motors and metals, among others, are being tracked by analysts on Thursday.

March 08, 2018 / 09:27 IST
The benchmark index Sensex gained 15 percent in the last 1-month. Moneycontrol tried to find out the stock which is in momentum trades and outperformed the benchmark index but still trading 70 percent below their 52-week high. From the BSE 500, 10 stocks make the cut. Data Source: ACE Equity.
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More
    Aegis LogisticsBrokerage: Motilal Oswal | Rating: Initiate Coverage with buy | Target: Rs 303

    The brokerage house sees LPG throughput CAGR of 51 percent over FY17-20. Meanwhile, gas division EBITDA is expected to grow at 41 percent CAGR over FY17-20. For the firm, it expects liquids throughput CAGR Of 16 percent Over FY17-20. Meanwhile, EBITDA/EPS is expected to grow at 42 percent/51 percent CAGR over FY17-20.

    Tata MotorsBrokerage: Credit Suisse | Rating: Outperform

    Credit Suisse said that JLR Had Another Weak Month With Volumes Declining 3 percent YoY. Except For XF (In China), All Other Models Had Double-digit Declines. It observed that Chinese volumes were softer as it had few working days. Having said that, it highlighted that the domestic business has been doing very well.

    Brokerage: Nomura | Rating: Buy | Target: Rs 526

    Nomura said that JLR global retail sales in February at 39,911 units versus estimate of 42,000 units. It sees downside risk to JLR wholesale growth target of 6.7 percent in FY18. Further, FY19 Growth Target is seen at 12 percent. It believes that the stock’s valuations are attractive.

    NMDCBrokerage: Macquarie | Rating: Upgrade to outperform

    Macquarie expects volumes to witness 7 percent YoY growth in FY19 after stagnant FY18. Further, rise in volumes will be led by higher demand and restart of damaged railway line. Approval for a higher production quota in Karnataka provides upside risk. However, it said that there is a forecast for a lower correction in the realisations, but a downward trajectory has been maintained.

    ICICI BankBrokerage: Macquarie | Rating: Outperform | Target: Rs 425

    The brokerage house quoted the management view that large part of the stress is recognised, but there will be some more going forward. It said that haircuts will be lower in steel cos which are backed by operating assets.

    NTPCBrokerage: Nomura | Rating: Buy | Target: Rs 200

    Nomura expects a sharp rise in commercial generation capacity. Further, it sees return on equity improving to 12 percent in FY19 from 10 percent in FY17.

    MarutiBrokerage: Morgan Stanley | Rating: Overweight | Target: Rs 10,563

    The brokerage house said that February production data implies that the company can delivery 19.5 lakh units in FY19. It sees upside risk to the forecast as well.

    MetalsBrokerage: CLSA

    The global research firm believes that mine auctions will gather pace going ahead. JSW Steel & Vedanta Could Be Key Beneficiaries Of Better Resource Integration. Further, auctions in iron ore and bauxite could pick up pace too.

    Cons Staples & DiscretionaryBrokerage: Nomura

    Nomura observed that consumer discretionary names are starting to see cons discretionary names starting to witness initial signs of a demand Rebound. Further, government schemes such as PMAY, Electrification, roads, changing lifestyles are driving growth. It prefers discretionary names over staples.

    Moneycontrol News
    first published: Mar 8, 2018 09:27 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