Stocks to buy today: CLSA upgrades ONGC; Citi initiates buy on Hyundai Motor India
ONGC, Biocon, and Hyundai Motor India, highlighting their potential for robust growth and value creation in the next 1 year.
CLSA has upgraded ONGC to «High Conviction Overweight-PF,» citing multiple production and realization triggers, alongside attractive valuations and a strong dividend yield.
Jefferies has revised its stance on Biocon to «Hold,» driven by positive regulatory developments and improved growth visibility in its biologics business.
Meanwhile, Citi has initiated coverage on Hyundai Motor India with a «Buy» rating, emphasizing its diverse product lineup, export potential, and planned capacity expansions.
We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
CLSA on ONGC: Upgrade rating from Overweight-PF to a High Conviction Overweight-PF, target price Rs 360| LTP Rs 254| Upside 42%
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