Tata Motors

Prabhudas Lilladher has recommended buying the stock of Tata Motors with a price target of Rs 507 on the stock.

"Over FY17‐18, four new products have been planned by JLR, of which, the new Discovery and new Range Rover appear most interesting. India operations would witness positives from the improved M&H CV demand and recovery from lows of LCV demand.

"We maintain "BUY" with a target price of Rs503. At the current market price, the stock is trading at 9.3x FY17E and 7.6x FY18E earnings," the firm has stated.

Gayatri Projects

Brokerage firm Ajcon Global sees a 79 per cent jump in the share price of Gayatri Projects from current levels of Rs 635.

The company has sizeable order book of almost Rs 10,000 crores. Ajcon Global believes that Gayatri Projects could see good growth in the performance in the next few quarters and has suggested buying the stock.

Minda Corporation

Brokerage firm Edelweiss has strongly recommended buying the stock of Minda Corporation. The firm has set a price target of Rs 131 on the stock, as against its current market price of Rs 114.

"Strong revenue traction was seen in 2W security systems, maintained share of business (SOB) across key clients. In wiring harness business, continues to see huge potential for products like steering roll connectors and sensors are some of the reasons the brokerage firm has suggested buying the stock," the company has said in its research report.

Aegis Logistics

CD Equisearch has recommended buying the stock of Aegis with a target price of Rs 141.

"The ability to post record net profit even in a depressed market underlines the company's expertise and aptness. Increasing net profit margins, robust return ratios along with expectation of the passage of the GST bill this fiscal will nudge the valuations northwards," the firm has said in its research report.

Yes Bank

Antique Stock Broking has recommended buying the stock of Yes Bank. The firm has set a price target of Rs 1375 on the stock.

"Yes Bank has board approval to raise Tier I capital up to US$1bn (Core Tier?I: 10.3% currently) to support the growth momentum. We believe the bank has made conscious efforts to make its asset and liability franchise granular which will help improve margin profile and keep asset quality stable," the brokerage firm has stated in its report.

Crompton Greaves

Religare has suggested buying the stock of Crompton Greaves with a target of Rs 80.

"We met the management and key meeting takeaways are: (1) industrial business to continue to gain traction through FY17 driven by efficiency gains and partial recovery in certain sectors, (2) margins to improve in the power segment, and (3) sale and closure of parts of the international business likely to be completed by Oct'16.

In our view, if the sale of ZIV materialises, it will be a key positive for the stock," the firm has in its report

GAIL

Religare is bullish on Gail and has suggested buying the stock with a price target of Rs 490 on the stock.

The brokerage firm believes the stock has a good potential for upside in the medium term.

Disclaimer

This article is strictly for informational purposes only. It is not a solicitation to buy, sell in in securities mentioned. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates and the author of this article do not accept culpability for losses and/or damages arising based on information in this article. Please seek professional advise before buying the recommended shares.