CLSA has maintained a buy rating on TATA MOTORS and set a share target of Rs 425.
The rise or fall in any stock depends on the performance of that company and also the ups and downs in that sector. Brokerage houses, which are heavily marketed, keep a close eye on all these things. Experts and analysts at brokerage houses offer advice to investors based on small changes in the market through their studies and analysis. Know which stocks brokerages are advising today to place bets in-
CLSA has maintained a buy rating on TATA MOTORS and set a share target of Rs 425. He says that JLR sales have shown improvement and retail volumes have registered a jump of 12 per cent. At the same time, there has been a strong improvement in retail volumes in China. On a quarterly basis, the UK and EU reported a 4 per cent drop in volumes. Positive cash flow in Q4 has been predictable.
Opinions on STEEL Sector of MORGAN STANLEY
MORGAN STANLEY has given an opinion on the STEEL sector, saying that prices could rise up to 1,700-3,000 per tonne this week. Prices were also increased in the first week of April. At that time, steel prices had increased by Rs 3,000-4,000 per tonne. At the same time, even after the price hike, domestic steel is at a 10 percent discount. There is still scope to increase the prices of steel in this sector. They like flat steel companies more. Morgan Stanley likes Tata Steel and JSW Steel for investing in this sector.
