Broker Recommendations for December 31

Citi has issued a 'buy' recommendation for Vodafone Idea, following the government's decision to waive off the bank guarantee requirement for spectrum acquired in past auctions. Citi sets a price target of Rs 13, indicating a potential 67% increase.

BofA Securities maintains an 'underperform' rating on Indiamart Intermesh, reducing the target price to Rs 2,010 from Rs 2,170, reflecting an 11% decrease. The adjustment comes amid expectations of a weak quarter due to high churn and softer collections.

Goldman Sachs recommends a 'buy' for UltraTech Cement, with a target price of Rs 12,460, suggesting a 10% upside.

JP Morgan continues to favor Cholamadalam Investment & Finance with an 'overweight' rating, setting a target price of Rs 1,550, which implies a 28% increase.

Looking Ahead to 2025

Bajaj Broking highlights Prestige Estates, Hudco, and Laurus Lab as top picks for 2025, with target prices of Rs 2,290, Rs 314, and Rs 710, respectively, indicating significant potential upside.

Disclaimer: The views and recommendations mentioned above are those of individual analysts or broking companies, and not of The Times of India. Investors are advised to consult certified experts before taking any investment decisions.