Buy or sell: Stocks on brokerages’ radar for today
Nuvama recommends holding Ambuja Cements, anticipating growth after its merger with Shanghi Industries and Penna Cement. Kotak advises reducing Indiamart Intermesh holdings due to high churn. Yes Securities initiates coverage on Hyundai Motor India with a buy rating, citing the company's evolving tech landscape. JP Morgan gives Swiggy an overweight rating, expecting growth in food delivery and quick commerce.
Nuvama recommends holding Ambuja Cements, anticipating growth after its merger with Shanghi Industries and Penna Cement. Kotak advises reducing Indiamart Intermesh holdings due to high churn. Yes Securities initiates coverage on Hyundai Motor India with a buy rating, citing the company's evolving tech landscape. JP Morgan gives Swiggy an overweight rating, expecting growth in food delivery and quick commerce.
