Buy, Sell or Hold: There is huge volatility in the global markets. Its effect is also being seen on the domestic markets. In the midst of this market volatility, many bank stocks are looking attractive on the back of corporate development and strong growth outlook. Global brokerage houses have issued their ratings on some stocks and have changed the targets of some stocks. These stocks include UltraTech Cement, Dalmia Bharat, Tata Motors and Bharti Airtel.
UltraTech Cement
Global brokerage Goldman Sachs has retained its Buy view on UltraTech Cement. The target price per share has been kept at Rs 6600. At the same time, Credit Suisse has rated Outperform on UltraTech Cement. The stock price closed at Rs 5410 on 22 June 2022.
Dalmia Bharat
Global brokerage Jefferies has retained Buy’s opinion on Dalmia Bharat. However, the target price per share has been reduced from Rs 1775 to Rs 1600. On 22 June 2022, the stock price closed at Rs 1247.
Tata Motors
Global brokerage Credit Suisse has retained the rating of Neutral on Tata Motors. The target price per share has been kept at Rs 438. The stock price closed at Rs 393 on June 22, 2022.
Bharti Airtel
Global brokerage Credit Suisse has retained the Outperform rating on Bharti Airtel. The target price per share has been kept at Rs 900. The stock price closed at Rs 643 on June 22, 2022.
(Disclaimer: The investment advice here is given by the brokerage house. These are not the views of Zee Business. Please consult your advisor before investing.)
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