Stocks to watch on June 12: Tata Comm, Max Health, Dr Reddy's, HDFC Life, PayTM in focus on brokerage views
By News Desk Published on June 12, 2025, 08:17 IST
Several brokerages have released their latest views and price targets on key listed companies. Here are the highlights of fund house recommendations for the day: CLSA on Tata Communications: Maintain Outperform on the company, target price at Rs 2100 per share
Jefferies on Max Healthcare: Maintain Buy on the company, target price at Rs 1400 per share
Nomura on Dr Reddy's: Maintain Buy on the company, target price at Rs 1575 per share
Morgan Stanley on Life Insurance sector: Individual new sum assured growth stronger than individual APE for most large players
HSBC on AMCs: SIP flows up, lump sum flows weak. Valuations of AMCs are now at peak
Goldman Sachs on HDFC Life: Expect moderate H1 growth followed by a pickup in H2, target price at Rs 830 per share
Citi on HCL Technologies: Maintain Neutral on the company, target price at Rs 1510 per share
Citi on Britannia: Maintain Buy on the company, target price at Rs 5645 per share
Citi on Hindustan Zinc: Maintain Sell on the company, target price at Rs 400 per share
UBS on PayTM: Maintain Neutral on the company, target price at Rs 1000 per share
Goldman Sachs on United Spirits: Maintain Buy on the company, target price at Rs 1700 per share
Macquarie on United Spirits: Maintain Underperform on the company, target price at Rs 1250 per share
Disclaimer: This update is for informational purposes only and does not constitute investment advice. Investors should consult certified financial advisors before making any investment decisions.
News desk at BusinessUpturn.com
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