Brokers' Top Stock Picks for May 15

Bharti Airtel has received a buy rating from Citigroup with a target price of Rs 1,980. Despite a subdued performance in the Jan-March quarter, the telecom giant's growth prospects remain strong, especially with its increased stake in Airtel Africa.

Tata Motors is another top pick, with CLSA assigning an outperform rating and a target price of Rs 805. The company's JLR division showed significant margin improvement, and its commercial vehicle business is performing well.

GAIL continues to be favored by Morgan Stanley, which maintains an overweight rating with a target price of Rs 248. The firm is optimistic about India's gas demand and GAIL's future pipeline projects.

Cipla and Tata Steel also feature in brokers' recommendations, with varying outlooks based on recent financial performances and market conditions.

Disclaimer: The opinions and recommendations are those of brokerage firms and not of The Times of India. Consult a financial advisor before making investment decisions.