1 day ago 5

Buy, Sell or Hold: Motilal Oswal recommends a buy on PNB Housing; YES Securities downgrades Indoco Remedies

The Economic Times

Motilal Oswal maintains a positive outlook on PNB Housing Finance, giving it a ‘Buy’ rating with a target price of Rs 1,230, citing robust franchise expansion and an attractive risk-reward profile.

Synopsis

Brokerage houses have issued varied stock recommendations for PNB Housing Finance, PI Industries, and Indoco Remedies. Motilal Oswal is optimistic about PNB Housing Finance, while Emkay Global retains a 'Reduce' rating on PI Industries due to growth concerns. YES Securities downgraded Indoco Remedies to 'Sell', citing earnings pressure and regulatory constraints.

Brokerage houses have issued varied stock recommendations, reflecting the underlying dynamics and company-specific developments across sectors for the next 12 months.Motilal Oswal remains optimistic on PNB Housing Finance, assigning a ‘Buy’ rating with a target price of Rs 1,230, citing strong franchise growth and favorable risk-reward potential.In contrast, Emkay Global has retained a ‘Reduce’ rating on PI Industries, pointing to limited upside

BY

ETMarkets.com

Jun 05, 2025, 10:27:00 AM IST

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