Hot stocks: Brokerage view on United Spirits, Tata Motors, L&T, Axis Bank and Federal Bank

July 25, 2024

Nuvama upgraded United Spirits to buy, raising target price to Rs 1,630 from Rs 1,195, citing strong cost controls and healthy margins. Reasons include margin outperformance, growth potential in premium categories, upcoming festive season, H2 demand recovery, Karnataka tax benefits, Andhra policy changes, and potential India-UK FTA.

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The 23,500-23,540 range serves as an immediate support zone for the index. A decisive break below 23,500 could lead to a further drop to the

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Brainbees Solutions Q2 Results: FirstCry operator narrows loss to Rs 50 crore YoY, revenue jumps 26%

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