Buy or sell: Stock recommendation by brokers for April 7, 2025
CLSA has downgraded Tata Motors due to potential drops in JLR volumes and diminished EBIT margins. Citigroup suggests a 'sell' for AB Fashion, anticipating no further M&A and high leverage impact. UBS has also downgraded IndusInd Bank amidst concerns, while Jefferies remains optimistic about HDFC Bank's growth.
CLSA has downgraded Tata Motors due to potential drops in JLR volumes and diminished EBIT margins. Citigroup suggests a 'sell' for AB Fashion, anticipating no further M&A and high leverage impact. UBS has also downgraded IndusInd Bank amidst concerns, while Jefferies remains optimistic about HDFC Bank's growth.
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