Stocks on brokerages’ radar for December 18 – Newz9

Motilal Oswal Financial Services has a ‘purchase’ advice on Kirloskar Oil Engines with a goal value of Rs 1,540 (+39%). Despite close to time period weak point seen in its key energy technology section, Analysts at MOFSL are constructive on Kirloskar Oil Engines based mostly on its technique to develop share of excessive kVA score merchandise over medium to long run; its potential to profit from robust distribution community versus different smaller gamers within the business, and a pointy valuation low cost versus the market chief.
ICICI Securities has come out with an replace on the media sector. The brokerage home has ‘purchase’ suggestions on PVR Inox (Target value: Rs 2,250; +50%), Sun TV (TP: Rs 1,111; +52%) and Zee Entertainment Enterprises (TP: Rs 195; +43%). Sun TV and Zee Ent are seen gaining market share in a number of the regional segments.
InCred Equities has a ‘purchase’ advice on Persistent Systems with a goal value of Rs 6,863 (+5%). Analysts at InCred Equities are bullish on the inventory due to the corporate’s enterprise momentum and in addition they see inexperienced shoots within the hello-tech vertical that might drive Persistent Systems’ income progress.
In its month-to-month observe on steel shares, analysts at Emkay Global stated they really feel there is a potential demand-provide mismatch for aluminum in 2025. The brokerage has a ‘promote’ advice on Hindalco (TP: Rs 600; -6%), however ‘ purchase’ suggestions on Nalco (TP: Rs 275; +21%) and Vedanta (TP: Rs 600; +19%).
JM Financial has a ‘purchase’ score on Piramal Pharma with a goal value of Rs 340 (+30%), based mostly primarily on the corporate’s contract analysis, improvement and manufacturing (CRDM) capabilities. Analysts are bullish majorly on the again of Piramal Pharma’s large geographic presence and finish-to-finish CRDM capabilities.
Disclaimer: The opinions, analyzes and proposals expressed herein are these of brokerages and don’t replicate the views of The Newz9. Always seek the advice of with a professional funding advisor or monetary planner earlier than making any funding choices.