HSBC's Optimistic Outlook on Ather Energy

HSBC has initiated coverage on Ather Energy with a buy recommendation and a target price of Rs 450. Analysts highlight the company's product quality, technology leadership, and distribution expansion as key drivers for market share growth in the challenging EV industry.

UBS Advises Caution on Tata Motors

UBS maintains a sell recommendation on Tata Motors, citing potential financial burdens from the acquisition of Iveco Group's commercial trucking business, estimated at over Euro 1.5 billion.

Jefferies Bullish on L&T

Jefferies raises its target price for L&T to Rs 4,230, praising the company's better-than-expected EBITDA and strong order flow, particularly from its hydrocarbon business.

Morgan Stanley's Stance on Asian Paints

Morgan Stanley keeps an underweight rating on Asian Paints, pointing to persistent competitive pressures and modest growth expectations in the near term.

CLSA's Neutral View on Piramal Enterprises

CLSA upgrades the target price for Piramal Enterprises to Rs 1,200 but flags emerging stresses in MSME and small ticket loans against property as areas of concern.

Disclaimer: The opinions and recommendations are those of the respective brokerages and not of The Times of India. Always consult a financial advisor before making investment decisions.