Business

December 26 Broker Recommendations: Top Stocks to Watch for Growth and Profit

eMudhra: A Buy for Future Growth

SBI Securities recommends a 'buy' on eMudhra, targeting a 14% increase with a price of Rs 1,048. The recommendation is based on eMudhra's unique business model, expansion in overseas markets, and strong financial performance.

Stock recommendations by brokers for December 26

PNB Housing Finance: A Strong Buy

Motilal Oswal Financial Services suggests a 'buy' for PNB Housing Finance, with a target price of Rs 1,160, indicating a 37% potential growth. The pivot towards emerging and affordable housing segments is seen as a key growth driver.

Navin Fluorine International: Maintained Buy

ICICI Securities maintains its 'buy' rating on Navin Fluorine International, revising the target price to Rs 4,270, a 26% increase. The company's strong performance is expected to continue, driven by higher R-32 prices and new projects.

Indian Defence Sector: Positive Outlook

Elara Securities is optimistic about the Indian defence sector, with 'buy' recommendations for Hindustan Aeronautics and Bharat Electronics, targeting significant growth. The push for indigenisation is expected to boost order flows.

City Gas Distribution: Mixed Outlook

Emkay Global Financial Services provides an update on CGDs, with an 'add' rating for Mahanagar Gas and a 'reduce' for Indraprastha Gas. The sector faces challenges but expects margin improvements by FY26.

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.