PL has maintained its ‘SELL’ rating on HPCL with a revised target of Rs 276 against Rs 272 earlier. It downgraded ratings on BPCL and IOC Ltd from 'Reduce' to ‘Sell’, valuing them at 1 time FY26 PBV and 0.7 times FY26 PBV, respectively.
Mahindra Finance: CLSA said Q2 was the second straight quarter of poor results, as pre-provision operating profit (PPOP) was 8 per cent below its estimates and higher credit costs led to 50 per cent profit miss.
Reliance Industries has seen trading in an upwards sloping parallel channel pattern and has been trading with higher top and higher bottom formation since last few weeks.
Indraprastha Gas has made a double top-like pattern on the weekly chart. It has seen a fair bit of selling pressure during the week amid decent volumes.
Stocks that share market analysts recommended on July 19: Share market analysts at Religare Broking have buy calls on Bharat Electronics (BEL), Indraprastha Gas (IGL), and Granules India shares. Watch this Visual Story to see what they said about these counters; Check share price targets, investment rationale, technical analysis, and more.