New Delhi: Indian stock market performed superbly last week. The BSE Sensex rallied 3,395.94 points or 4.51 per cent, and the NSE Nifty jumped 1,023.1 points or 4.48 per cent in the holiday-shortened week. Some brokerage houses have advised investors to buy shares of Sun Pharmaceutical Industries Ltd, Tata Steel and ABB India. Giving a buy rating on the counters, the brokerages are of the view that investors are expected to rise from 20 percent to 40 percent.
The experts are of the view that the stock market movement would depend on the Q4 of 2024-25 results of domestic corporates, update on US tariffs and buying or selling by foreign institutional investors’, world market trends, movement of global oil benchmark Brent crude and the rupee-dollar trend for further cues.
Sun Pharmaceutical share price target
Emkay Global Financial Services has backed Sun Pharmaceutical Industries shares to rise. Giving a Buy rating on the pharmaceutical company, the brokerage gave a target price of Rs 2,400 per share, which indicates a return of up to 40 percent. The stock has given a return of 274 percent in the last 5 years.
Sun Pharma shares ended at Rs 1,757 per equity share on April 17, 2025. The market cap of the company stood at Rs 4.2 lakh crore.
Tata Steel share price target
ICICI Securities has given a ‘Buy’ call on Tata Steel. The Tata Group company advised the interested buyers to purchase the stock at current levels as it has the potential to rise to the level of Rs 180 apiece. The market cap of this Tata Group company is Rs 1.71 lakh crore. The stock closed at Rs 137.24 on April 17. The counter has rallied around 389 percent in the last 5 years.
ABB India share price target
ABB India shares are projected to appreciate 20 per cent, Motilal Oswal has said. The stock closed at Rs 5,565 per equity share on 17th April. The brokerage has given a BUY rating for this stock and set a target price of Rs 6,700 per equity share, which indicates a profit of up to 20 percent. In the last 5 years, the stock has given a 500 percent return.
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Emkay Global Financial Services has backed Sun Pharmaceutical shares to rise, ICICI Securities has given a Buy rating on Tata Steel stock and Motilal Oswal has projected ABB India to shares give around 20 per cent returns. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
