Brokerages including Morgan Stanley, Goldman Sachs, Emkay Global Financial Services, and Motilal Oswal Financial Services remained active across Indian equities on Friday, with firms reiterating ratings and revising target prices following company-specific developments. According to reports from ET Now, stocks such as Apollo Hospitals Enterprise, Page Industries, Metro Brands, Titan Company, and Fine Organic Industries were among those attracting buy, sell and hold calls in today's trading session.
In the healthcare space, Apollo Hospitals Enterprise received mixed but generally positive recommendations from major brokerages. Morgan Stanley maintained an 'Overweight' rating with a target price of ₹9,397, raised from ₹8,833, and added it as a 'Top Pick' with a revised target price of ₹5,182 (down from ₹5,212). Goldman Sachs also maintained a 'Buy' rating with a target price of ₹8,850, up from ₹8,350. The healthcare sector showed strong institutional interest with Dr Agarwal's Health Care receiving an 'Overweight' rating from Morgan Stanley at ₹555 (cut from ₹568) and Medplus Health Services receiving a 'Buy' recommendation from Nuvama Institutional Equities at ₹1,150 (vs ₹1,040).
The consumer and retail segments attracted significant attention with multiple companies receiving positive ratings. Page Industries emerged as a standout performer with Morgan Stanley maintaining 'Overweight' at ₹42,636 (raised from ₹41,561) and Emkay Global Financial Services upgrading to 'Add' with a target price of ₹44,700 (vs ₹33,750). Nykaa also received 'Overweight' ratings from Morgan Stanley at ₹286 and 'Accumulate' from Elara Capital at ₹300 (raised from ₹270). Metro Brands received buy recommendations from both Emkay Global Financial Services at ₹1,250 (vs ₹1,175) and Goldman Sachs at ₹1,310 (raised from ₹1,290).
The cement sector showed divergent opinions with JSW Cement receiving contrasting recommendations. Goldman Sachs maintained a 'Neutral' rating at ₹127 (raised from ₹119) while Emkay Global Financial Services maintained a 'Reduce' rating at ₹125 (vs ₹115). In the financial services sector, LIC received mixed coverage with Emkay Global Financial Services maintaining a 'Buy' at ₹1,100 (vs ₹1,000) and Goldman Sachs maintaining a 'Neutral' rating at ₹900. GAIL was maintained as 'Equal-weight' by Morgan Stanley at ₹150. RITES received a 'Buy' recommendation from Elara Capital at ₹285 (cut from ₹310).
Among the notable sell recommendations, Fine Organic Industries received a 'Sell' rating from Motilal Oswal Financial Services at ₹3,980 (up from ₹3,580), while JK Lakshmi Cement was maintained as a 'Buy' by Motilal Oswal Financial Services at ₹720. The mixed recommendations across sectors reflect the current market dynamics and company-specific developments that brokerages are monitoring closely.
