Brokerages remain constructive on a mix of industrial, defence, manufacturing, chemicals and jewellery stocks, highlighting attractive risk-reward opportunities despite recent market volatility.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
Choice Institutional Equities on Ashok Leyland
Choice Institutional Equities on Ashok Leyland: Buy| Target Rs 195 (vs Rs 225)| LTP Rs 163| Potential Upside 20%Choice Institutional Equities has maintained a 'Buy' rating on Ashok Leyland with a target price of ₹195 (revised from ₹225). At the current market price of ₹163, the brokerage sees a potential upside of around 20%.
Choice Institutional Equities on Bharat Dynamics
Choice Institutional Equities on Bharat Dynamics: Buy| Target Rs 1500| LTP Rs 1283| Potential Upside 17%Choice Institutional Equities has initiated/maintained a 'Buy' rating on Bharat Dynamics with a target price of ₹1,500. With the stock trading at ₹1,283, the brokerage expects a potential upside of approximately 17%.
Nuvama on Sky Gold and Diamonds
Nuvama on Sky Gold and Diamonds Ltd: Buy| Target Rs 575| LTP Rs 486| Potential Upside 18%Nuvama Institutional Equities has retained its 'Buy' rating on Sky Gold and Diamonds with a target price of ₹575. The brokerage sees an upside potential of around 18% from the current market price of ₹486.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
