Foreign brokerages raise target of these 10 stocks; do you own any?

Cholamandalam Investment and Finance, Reliance Industries, ICICI Bank, Adani Ports, Tata Steel, Godrej Properties, Mahindra & Mahindra Financial Services, Maruti Suzuki, SBI Cards & Payment Services and IndusInd Bank are among the top 10 stocks for which foreign brokerages raised the target price.

1/11

Indian benchmark indices erased most of the intraday gains and ended on a flat note in the highly volatile session on May 5. At close, the Sensex was up 33.20 points or 0.06% at 55,702.23, and the Nifty was up 5.10 points or 0.03% at 16,682.70.

2/11

Cholamandalam Investment and Finance Company | Brokerage: Credit Suisse | Rating: Outperform | Target: Raised to Rs 900

3/11

Reliance Industries | Brokerage: Citi | Rating: Upgrade to buy from neutral | Target: Raised to Rs 3,170 from Rs 2,750

4/11

ICICI Bank | Brokerage: Nomura | Rating: Buy | Target: Raised to Rs 960

5/11

Adani Ports | Brokerage: Nomura | Rating: Buy | Target: Raised to Rs 1,025

6/11

Tata Steel | Brokerage: JPMorgan | Rating: Overweight | Target: Raised to Rs 1,940

7/11

Godrej Properties | Brokerage: Jefferies | Rating: Buy | Target: Raised to Rs 2,100

8/11

Mahindra & Mahindra Financial Services | Brokerage: CLSA | Rating: Buy | Target: Raised to Rs 260 from Rs 240

9/11

Maruti Suzuki | Brokerage: JPMorgan | Rating: Neutral | Target: Raised to Rs 7,200 from Rs 6,525

10/11

SBI Cards & Payment Services | Brokerage: JPMorgan | Rating: Buy | Target: Raised to Rs 1,250

11/11

IndusInd Bank | Brokerage: Morgan Stanley | Rating: Overweight | Target: Raised to Rs 1,300