Hot Stocks: Brokerage view on Shriram Finance, HDFC Bank; UBS maintains ‘Sell’ call on Hero MotoCorp

December 5, 2024

Jefferies maintains a “Buy” rating on Shriram Finance with a target of Rs 3,670, citing strong growth. JPMorgan holds a “Neutral” stance on HDFC Bank at Rs 1,750, acknowledging its “safe haven” status but highlighting growth concerns. UBS reiterates a “Sell” rating for Hero MotoCorp at Rs 3,430, anticipating intensified EV competition and financial pressures.

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