This week, brokerage houses have issued their investment advice for many stocks. All these investment advices are for the long term. These stocks include Tata Motors, Zomato and TCS stocks. TCS results have come this week and more than one brokerage house has issued its investment advice in this. If you are also looking for investment opportunities in the market, then you can take a look at the advice given for these stocks.
TCS
TCS results have come this week. After the results, both Jefferies and HSBC have advised to buy. However, Nomura is neutral on the stock. After the results, Nomura has given a target of 4150 in the stock and has given a neutral rating. Among those advising to buy, Jefferies has given a target of 4735 and HSBC has given a target of Rs 4540 per share. The stock is currently at the level of 4151. Brokerage firm Jefferies says that due to pressure on North American business and margins, the quarterly results have been lower than expected. But TCS margins may improve due to BSNL. However, the brokerage house has cut its estimates by 1% to 2% and expects that TCS's earnings per share will grow at 11% CAGR in financial years 2025 and 2027. Tata Motors Nomura has issued an investment advice in Tata Motors and has given a target of 1303 for the stock. The stock is currently at the level of 931. That is, from here the stock can see a gain of 40 percent. The report said that in the second quarter, the company's sales can grow by 3 percent on a year-on-year basis. At the same time, JLR's EBIT margin can be 5.8 percent. Zomato At the same time, HSBC has advised investing in Zomato and has set a target of 330 for the stock. The stock is trading at the level of 277.5. That is, the stock is expected to grow by about 19 percent from here. The report said that the pace of fast delivery competition is now stabilizing. At the same time, there is scope for improvement in the take rates of the company. Zomato's stock has already given good returns to its investors. A year ago, the stock was trading below the level of 111. That is, in one year, the stock has given a return of 150 percent to the investors.
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