Business Desk

Top stocks on brokerages radar: KEC, Azad Engineering among other picks

September 4, 2024

Honasa Consumer, KEC International, Azad Engineering were among top stocks in brokerages radar. Here is a quick list of stocks and recommendation by the analysts.

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Azad Engineering

The analysts at the global brokerage Investec initiated coverage on Azad Engineering with a 'buy' call, recommending a target price of Rs 1,850 per share.

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Honasa Consumer

Global brokerage Goldman Sachs initiated with 'buy' coverage on Mamaearth parent Honasa Consumer with a share price target of Rs 570.

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KEC International

The analysts at the brokerage Emkay maintained 'Add' rating on KEC International shares. It hiked the share price target to Rs 1050 from Rs 950.

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RR Kabel

Citi has maintained its buy rating and hiked the target price citing robust growth prospects recommending a share price target of Rs 2,300.

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PI Industries

Morgan Stanley upgraded to 'equal-weight' raising its price target by 28 percent to Rs 4,300. However, this implies over 5 percent potential downside from the current levels.

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Jubilant Ingrevia

Equirus Capital has maintained a 'long' rating and raised target price to Rs 900, implying an upside of 25 percent from current levels.

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Disclaimer

The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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