Hot Stocks: Brokerage view on Bajaj Auto, Paytm, Tata Motors and HDFC Life Insurance
Brokerage firms JPMorgan, BofA Securities, and Kotak Institutional Equities have released their recommendations on Bajaj Auto, Paytm, HDFC Life Insurance, and Tata Motors, for investors to consider. JPMorgan keeps an overweight rating on Bajaj Auto, while BofA Securities maintained a buy rating on Paytm. Kotak Institutional Equities recommends a buy rating on HDFC Life Insurance but suggests a reduce rating on Tata Motors. The firms provided their respective target prices for each stock, citing reasons such as margin improvements, improving margins, and investment in business growth.