Bharti Airtel, Tata Motors & extra: Top stocks on brokers’ radar for May 15

Citigroup has a purchase score on Bharti Airtelwith the goal value at Rs 1,980. Analysts mentioned Jan-March quarterly numbers had been comparatively subdued in comparison with latest quarters with India cellular progress slowing to 1.3% on a quarterly foundation, primarily due to seasonality components.The telecom companies main’s India and consolidated web debt rose 4% within the quarter, primarily as a result of enhance in India capex and as a result of money outgo in direction of 5% stake enhance in Airtel Africa.CLSA has an outperform score on Tata Motors with the goal value at Rs 805. Analysts mentioned JLR’s Jan-March EBIT margin of 10.7% was in keeping with estimates and up considerably from the Oct-Dec quarter. Its business automobile enterprise EBITDA margin together with PLI profit got here in at 12.2%. India passenger automobile enterprise reported an EBITDA margin of seven.9%, up 60 foundation factors on the quarter, led by higher product combine and accrual of PLI incentives.Morgan Stanley maintained its chubby score on GAIL with the goal value at Rs 248. Analysts mentioned India’s gasoline demand is popping much more inelastic to increased costs. They see a ten% upside to FY26 estimates with 4 new pipelines, new LNG sourcing contracts, and tailwinds from regulatory framework adjustments. They additionally really feel petrochemical funding ought to outperform expectations as gasoline value falls and new investments bear fruitMotilal Oswal Financial Services has a impartial score on Cipla with the goal value at Rs 1,501. Analysts mentioned earnings outlook to reasonable after a robust present over FY21-25. The firm reported lower-than-expected income/EBITDA within the Jan-March quarter. Cipla’s yearly progress in India enterprise improved for the second consecutive quarter, led by a gradual execution in continual therapies and a strategic reset within the commerce generics section. The firm’s North America enterprise reached an all-time excessive annual income, with a wholesome contribution from differentiated property.Emkay Global Financial Services maintained its purchase score on Tata Steel with the goal value at Rs 185. Analysts mentioned the corporate posted consolidated adjusted EBITDA in keeping with estimates. However, it was down 9.1% sequentially owing to decrease realization which was partially offset by increased deliveries throughout areas and decrease coking coal prices in India and the Netherlands.Disclaimer: The opinions, analyses and suggestions expressed herein are these of brokerage and don’t replicate the views of The Times of India. Always seek the advice of with a certified funding advisor or monetary planner earlier than making any funding selections.