JSW Energy: The brokerage has a target price of ₹118 for the stock, indicating a downside of 62.5 percent from its current market price of ₹315 per share on BSE on the back of surge in commodity prices. However, in the last 1 year, the stock has rallied over 250 percent but it has lost 8 percent just in March till now.
Avenue Supermart: HDFC Securities has a target price of ₹2,800 for the stock, implying a downside of 33 percent from its current market price of ₹4,167 on BSE. The brokerage is negative on the stock due to inflationary concerns as prices of raw materials rally. In the last 1 year, the stock has jumped 32 percent, however, it has lost over 4 percent in March 2022 till now.
Titan: The brokerage has a target of ₹1,850 for the stock, indicating a downside of 25 percent from its current market price of ₹2,467 on BSE. The company has added 68 percent in the last 1 year on the back of recover in demand post COVID restrictions, however, it has bot been able to maintain the rally as investors turn cautious amid the global tensions.
Trent: The brokerage has a target price of ₹860 for the stock, indicating a downside of 25 percent from its current market price of ₹1,150 on BSE. The stock has risen 26 percent in the last 1 year and around 10 percent in the last 2 months. Post the recent rise, HDFC Securities expect the stock to correct in the near future.
Bajaj Finance: The brokerage has a target price of ₹5,536 for the stock, indicating a downside of 16 percent from its current market price of ₹6,583 on the BSE. Despite the recent 6 percent decline in March till now, the brokerage expect the stock to correct further before witnessing any recovery. It has added 19 percent in the last 1 year.