Stocks to Buy: Global brokerage houses have issued their ratings on some stocks and have also changed the targets of some stocks. These stocks include Cipla, NHPC, Escorts Kubota, Aegis Logistics and Gujarat Pipav Port.
Stocks to Buy: The domestic stock market started flat on Monday due to weak signals from the global market. After a weak start, the decline in the market has increased. Selling is being seen in all sectors including banking, realty, auto, IT, metal. In the last week's trading session, the benchmark index fell by more than 2 per cent. Meanwhile, many stocks are looking strong or weak on the back of business triggers and corporate development. Global brokerage houses have issued their ratings on some stocks and have also changed the targets of some stocks. These stocks include Cipla, NHPC, Escorts Kubota, Aegis Logistics and Gujarat Pipav Port.
Cipla
Global brokerage Nomura has given Buy rating on Cipla. The target price per share is given at Rs 1195. The stock price closed at Rs 1044 on 16 September 2022.
NHPC
Global brokerage CLSA has given Buy rating on NHPC. The target price per share is Rs 51. The stock price closed at Rs 39 on 16 September 2022.
Escorts Kubota
Global brokerage Credit Suisse has rated Underperform on Escorts Kubota. The target price per share is given at Rs 1440. The stock price closed at Rs 1930 on 16 September 2022.
Aegis Logistics
Global brokerage Nomura has given Buy rating on Aegis Logistics. The target price per share has been given at Rs 433. The stock price closed at Rs 282 on 16 September 2022.
Gujarat Pipav Port
Global brokerage Nomura has given Buy rating on Gujarat Pipav Port. The target price per share has been given at Rs 142. The stock price closed at Rs 88 on 16 September 2022.
(Disclaimer: The advice on the stocks here is given by the brokerage house. These are not the views of Zee Business. Consult your advisor before taking any investment decision.)
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