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    Motilal Oswal raises target price for Hindalco, sees upside potential of 15%

    Hindalco's target price raised to Rs 800 by Motilal Oswal as they plan a USD 6.9 billion capex for capacity expansion.

    Hot stocks: Brokerage view on RIL, M&M, ICICI Bank, Ambuja Cements and IndiGo

    Jefferies reaffirmed a 'buy' rating on RIL (Reliance Industries Limited) with a target price of Rs 3,580. They foresee the possibility of Jio, RIL's subsidiary, going public in calendar year 2025. According to Jefferies, choosing the IPO route could offer better control, although it would require significant retail participation to overcome the holdco discount.

    Hot stocks: Brokerage take on HDFC Bank, RBL Bank, L&T and Ramco Cements

    JPMorgan maintains overweight rating on HDFC Bank (TP: Rs 1,800), expecting accelerated growth despite stable deposits. Morgan Stanley reiterates underweight on RBL Bank (TP: Rs 250) post 1QFY25, despite positive volume growth.

    Hot stocks: Brokerage take on L&T Finance, Bajaj Finance, Gujarat Gas, Sun Pharma, and others

    Brokerage firms such as UBS have maintained a buy rating on L&T Finance, while JP Morgan maintained an overweight rating on Bajaj Finance, Citi has initiated coverage on Indegene and maintained a sell rating on Gujarat Gas.

    Sebi's levy order likely to erode Rs 2,000 crore from discount brokers' income, hit client base

    Several brokerage companies, including IIFL Securities and Motilal Oswal Financial Services, saw share declines of 3% to 7% due to the regulatory order affecting brokerages, potentially leading to adjustments in zero-payment plans or increased rates.

    Hot Stocks: Brokerage view on IndiGo, L&T, Epigral and Anant Raj

    Goldman Sachs and UBS recommend buying IndiGo and L&T, respectively. Emkay Global sees growth opportunities in Epigral, while DAM Capital is optimistic about Anant Raj's data center potential and realty projects. Overall, the brokerage firms are positive about the long-term prospects of these companies.

    The Economic Times
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