Motilal Oswal, Emkay, and others release top stock picks including Ceat, Gulf Oil, and PNB Housing. Read analyst targets and potential returns.
Latest Analyst Stock Recommendations: Ceat, Gulf Oil, PNB Among Top Buys
Brokerage houses have released fresh recommendations for Indian equities, spotlighting key stock opportunities for investors. Leading research firms such as Motilal Oswal, Emkay Global, ICICI Securities, and Prabhudas Lilladher have issued a mix of buy, sell, and hold calls, with Ceat, Gulf Oil Lubricants, and PNB Housing Finance emerging as top picks for potential upside.
Ceat Attracts Multiple Analyst Ratings
Ceat Ltd. (BSE: 500878) garnered attention with three different recommendations. Motilal Oswal reiterated a Buy call at a recommendation price of ₹3619.15, setting a target of ₹4159 — a 12.1% upside. Meanwhile, Emkay Global gave a slightly more bullish target of ₹4100, projecting a 13.2% return. In contrast, ICICI Securities advised a Hold, suggesting limited upside to ₹3625.
Gulf Oil Lubricants: Highest Potential Upside
Gulf Oil Lubricants India Ltd. (BSE: 538567) received a strong Buy call from Emkay Global, citing a substantial 55.4% upside from its current price of ₹1166.75 to a target of ₹1800. This makes it the most promising call among the recent recommendations.
PNB Housing and Indian Bank See Steady Growth Prospects
Motilal Oswal suggested PNB Housing Finance (BSE: 540173) at a target of ₹1230 from reco price of ₹1057, thereby reflecting a 15.6% possible return. In the same way, Indian Bank (BSE: 532814) was suggested a Buy by Emkay at a target of ₹675, showing a 7.1% potential return.
Other Key Calls
- Engineers India (BSE: 532178): Buy by Prabhudas Lilladher with 7.7% upside
- Mrs. Bectors Food Specialities: Buy by LKP Securities with a 21.8% return estimate
- KEC International: Buy by Prabhudas Lilladher with moderate 3.4% upside
- PI Industries: Sell call from Emkay with a negative potential of -6.5%
These insights offer a valuable overview for retail and institutional investors seeking actionable ideas in the current market. As always, investors should consider their risk profiles before taking positions.