Stocks to Buy: Amidst the ongoing fluctuations in the stock market, brokerage firms released reports on some selected stocks on Tuesday, November 25. The brokerage says that investors in these shares can get returns of up to 33% from the current level. These include shares of Eternal, Reliance Industries, Carisil Limited, LG Electronics India and Blue Star. Let us know what is the opinion of brokerage firms about these stocks and what target prices they have set for them.
1.Eternal
Karan Taurani, Executive Vice President of Elara Capital, said that the impact of the new labor codes will be limited to food-tech and quick commerce companies. According to him, the shares of Internal, the parent company of Zomato and Blikint, may see a rise of about 30 percent from the current level. Torani says that stability in the company’s gross order value and rapid growth of the quick commerce business are making the stock strong.
Brokerage firm Anand Rathi has maintained its ‘Buy’ rating on shares of Carisil Limited. Also, its target price has been increased to Rs 1,265, which was earlier Rs 1,161. This shows an upside potential of up to 33% in this stock from current levels.
The brokerage said Carisil Ltd’s September quarter results were strong. The company’s net profit during this period increased by 62 percent on annual basis to Rs 27 crore. There was a 16 percent jump in revenue. While operating profit (EBITDA) increased by 24 percent on an annual basis. According to the brokerage, the company’s international demand is strong and margins are also improving.
3. Reliance Industries
Global brokerage firm JP Morgan has maintained its overweight rating on Reliance Industries shares. Also, its target price has been increased to Rs 1,727, which was earlier Rs 1,695. It is estimated that its shares will rise by 12.4% from the current level. Reliance shares have jumped 27% so far in the year 2025, which is more than the Nifty’s rise of 17%.
4. LG Electronics India
Global brokerage firm Jefferies has started covering shares of LG Electronics India with a rating of ‘Buy’. Also, a target price of Rs 1900 has been kept for it. This shows an increase of 17.2% in its shares from the current price.
Jefferies says India’s consumer discretionary sector is growing rapidly and LG India is in a strong position to take advantage of it.
5. Blue Star
Brokerage firm Motilal Oswal Financial Services has initiated coverage on Blue Star shares and given it a ‘Neutral’ rating. However, its target price has attracted everyone’s attention. Motilal Oswal said that in its base case, Blue Star shares can go up to the level of Rs 1,950, which is an estimated 8.9 percent rise in its shares from the current level. In the brokerage’s bull case, this stock can go up to the level of Rs 2,240, which is expected to increase its shares by 25 percent from the current level.
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