Market experts have issued a 'Buy' recommendation for HCL Technologies with a current market price of ₹1,159. According to Narendra Solanki, head of fundamental research at Anand Rathi Shares and Stock Brokers, this recommendation reflects the company's confidence in artificial intelligence investments. As reported by NDTV Profit, this marks the first largecap company investing in AI, though it comes a bit late, representing a positive sign for the sector. The recommendation is based on very low R&D investments happening in India IT, with experts maintaining a positive view on the stock.
For Larsen & Toubro trading at ₹4,186.40, experts recommend a 'Hold' rating. Kunal Shah, senior technical derivative analyst at Mirae Asset Sharekhan, maintains a very positive view on the stock but suggests holding it. Similarly, United Spirits at ₹1,299 receives a 'Hold' recommendation with potential upside to ₹1,400. Shah advises continuing to hold the stock, indicating confidence in the company's prospects despite current market conditions. United Spirits benefits from a strong portfolio of brands supported by Diageo's brands and favorable policy changes across key states to support growth in coming quarters.
Experts recommend 'Hold' for Hindustan Unilever at ₹2,199.90, citing a very long-term and constructive view on the FMCG sector. According to Solanki, investors should watch inflation numbers and monitor gradual volume recovery across companies. For NTPC trading at ₹355.55, Shah provides a 'Buy' recommendation at current levels, suggesting it can be entered at the current price point. NTPC benefits from structural aluminium market deficit and elevated prices that should further support earnings growth, along with strong free cash flow driving rapid deleveraging.
Regarding Wockhardt at ₹1,919.20, Shah recommends a 'Hold' rating with a stoploss of ₹1,782 on the downside. This technical approach suggests maintaining the current position while monitoring price movements, indicating a cautious but stable outlook for the pharmaceutical stock.
Anand Rathi has reiterated its 'Buy' rating on Lloyds Metals and Energy Ltd. with a target price of ₹2,030, citing strong growth visibility driven by the company's transformation into an integrated metals player. As per Essential Business Intelligence, the company's transition into value-added products such as pellets and steel, along with expansion into non-ferrous metals, positions Lloyds Metals for long-term, sustainable growth. The brokerage has increased its FY28e Ebitda estimates by 2% and maintains a SOTP-based target price of ₹2,030, considering the company's transition from a single product and single location model to an integrated metal company.
