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Top Brokerage Recommendations for December 18: Stocks to Watch

Kirloskar Oil Engines: A Buy Recommendation

Motilal Oswal Financial Services has recommended a 'buy' on Kirloskar Oil Engines with a target price of Rs 1,540 (+39%). Despite near-term weakness in its power generation segment, analysts are positive about the company's strategy to grow its share of high kVA rating products and its strong distribution network.

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Media Sector Updates

ICICI Securities has 'buy' recommendations on PVR Inox (Target price: Rs 2,250; +50%), Sun TV (TP: Rs 1,111; +52%), and Zee Entertainment Enterprises (TP: Rs 195; +43%). Sun TV and Zee Ent are expected to gain market share in regional segments.

Persistent Systems: Bullish Outlook

InCred Equities recommends a 'buy' on Persistent Systems with a target price of Rs 6,863 (+5%). The analysts are bullish due to the company's business momentum and potential growth in the hi-tech vertical.

Metal Stocks Analysis

Emkay Global sees a potential demand-supply mismatch for aluminum in 2025. The brokerage has a 'sell' recommendation on Hindalco (TP: Rs 600; -6%) but 'buy' recommendations on Nalco (TP: Rs 275; +21%) and Vedanta (TP: Rs 600; +19%).

Piramal Pharma: A Strong Buy

JM Financial has a 'buy' rating on Piramal Pharma with a target price of Rs 340 (+30%). The recommendation is based on the company's contract research, development, and manufacturing capabilities.

Disclaimer: The opinions, analyses, and recommendations expressed herein are those of brokerages and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.