Stocks To Buy Today, Share Price Target: ONGC, Bajaj Finance, Coal India, Adani Ports and more
stocks to buy today, share price target: ongc, bajaj finance, coal india, adani ports and more
Stocks to Buy Today, Hot Stocks on May 3, 2024: Shares of several companies including ONGC, Bajaj Finance, Coal India, and Adani Ports, among others, will be in focus today on May 3 (Friday).
Share Price Target Today, Stocks To Buy Today, Money Making Ideas Today
ONGC Share Price Target 2024
Jefferies has maintained a Buy rating with a target price of Rs 390. “Better profitability on pricing reforms well appreciated. Skepticism on production growth, KG ramp up in Q3 key trigger. Profitability of KG Basin a concern, better realtization should offset higher opex. Broad agreement around favorable valuation,” the brokerage added.
Bajaj Finance Share Price Target 2024
Jefferies has maintained a Buy rating with target price of Rs 9260. “Lifting of RBIs’s restrictions to aid business and improve growth visibility. View this positively, as resolution has come within just 6 months of imposition. Saw an impact of +10 per cent on new loans booked and 4 per cent on consolidated PBT in Q4. Don’t’s change est., but this improves visibility of growth – see 24 per cent profit CAGR over FY24-27. Stays among our top NBFC picks,” the brokerage said.
Coal India Share Price Target 2024:
Macquarie has maintained an Outperform rating with target price of Rs 465. “Q4: Higher costs, lower auction realizations drive EBITDA miss. Await management feedback on the reason for the sharp QoQ jump in employee cost. Outperform owing to delivery in volume, robust balance sheet and 5 per cent + dividend yield,” the brokerage added.
Adani Ports Share Price Target 2024:
Citi has maintained a Buy rating with a target price to Rs 1782 from Rs 1758. “Top Pick: Strong Q4; Healthy Guidance; Capex Accelerates. High quality and dominant underlying business and attractive valuations. Strong capex plan underlines strong cash flows and BS,” the brokerage added.
Dabur Share Price Target 2024:
Jefferies has maintained a Buy rating with a target price of Rs 660. “Broadly Inline Q4 – Reasonable Valuations. Management is hopeful of a high single digit to double digit revenue growth in FY25. Notwithstanding concerns on strategy and growth, valuation look supportive,” the brokerage said.
Federal Bank Share Price Target 2024:
Nuvama has maintained a Buy rating with a target price increased to Rs 195 vs Rs 185.
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