Hot stocks: Brokerage view on Marico, Maruti, CONCOR and Cipla
30 Oct 2024 09:31 AM
UBS has maintained a buy rating on Maruti, lowering the target price to Rs 14,800 despite Q2 results missing expectations. Improved demand and margins led to this decision. Meanwhile, JPMorgan holds a neutral stance on Container Corporation with a target price of Rs 1,000. Although growth was sluggish, cost reductions boosted margins, while volume growth of 6% YoY fell short of guidance.