Stock Market Insights for December 19

Several prominent brokerages have released their latest stock recommendations, offering investors valuable insights into potential opportunities. Here are some key highlights:

LIC Housing Finance: Citi maintains a 'buy' rating with a target price of Rs 851, projecting a 42% upside. The firm anticipates recent challenges to resolve soon, with the company likely maintaining its net interest margin at the 2.7% lower threshold.

Coromandel International: Nuvama has revised its stance to 'buy' from 'hold', setting a new target of Rs 2,347, indicating a 28% upside. The firm emphasizes disciplined capital allocation, robust return ratios, and growth in adjacencies as reasons for a valuation premium.

KFin Technologies: Jefferies continues its 'buy' rating, adjusting the target to Rs 1,530, suggesting an 11% upside. The firm highlights strong domestic performance and promising international expansion prospects, particularly in south east Asian markets.

IPO Recommendations: Bajaj Broking recommends 'subscribe for long term' on multiple offerings closing on December 23, including Transrail Lighting, Sanathan Textiles, and DAM Capital Advisors.

Himadri Speciality Chemical: ICICI Securities initiates coverage with an 'add' rating, targeting Rs 600, projecting a 10% upside. The analysis underscores the company's expansion into battery chemicals and its strong position in the coal-tar value chain.

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.