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Exclusive Brokerage Insights: Top Stock Picks and Recommendations for May 5, 2025

Emkay Global Financial Services Recommends Indian Oil

Rating: Buy
Target Price: Rs 170
Analysts highlight Indian Oil's outperformance in the Jan-March quarter, attributing it to better marketing margins and refinery inventory gains. With stable refining and marketing sectors and ongoing discussions for LPG compensation, Indian Oil's future looks promising. Major expansions are set to enhance capacity in the coming years.

Stock calls for today: What brokerages are recommending for May 5, 2025

Motilal Oswal Financial Services on State Bank of India

Rating: Buy
Target Price: Rs 915
State Bank of India's earnings were in line with expectations, despite pressure on NIM due to rate cuts. The bank's strategic levers and improved underwriting standards signal resilience and growth potential.

Citigroup's Take on Indus Towers

Rating: Buy
Target Price: Rs 485
With cleared overdues from Voda Idea and rising free cash flow, Indus Towers stands strong. However, the delay in dividend announcements may affect short-term performance.

Elara Securities India's Caution on CEAT

Rating: Reduce
Target Price: Rs 3,153
Despite revenue growth, concerns over EPS CAGR and high natural rubber prices prompt a cautious stance on CEAT.

ICICI Securities' Pick: Nippon Life India Asset Management

Rating: Buy
Target Price: Rs 720
Nippon Life AMC's strong retail franchise and leading position in passive and alternate funds underscore its growth trajectory.