Hot Stocks: Brokerage view on Indigo, ICICI Lombard, JB Pharma and Gujarat Gas

June 20, 2023

Top brokerage firms have released their recommendations on various companies. Morgan Stanley has given an overweight rating to InterGlobe Aviation, while Jefferies has initiated a buy rating on JB Pharma. Furthermore, CLSA has retained its buy rating on ICICI Lombard, and AnandRathi has given a buy rating to Gujarat Gas, alongside maintaining a hold rating for MRPL and Chennai Petro. The brokerage firms suggest market share, margin trends, predictable earnings profile, and sustainable growth as the key drivers for the recommended companies.

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