Analyst Insights: DLF, BEL, PowerGrid, Petronet, and Godrej Consumer in Focus

Explore the latest brokerage views on five key stocks, including DLF, BEL, PowerGrid, Petronet LNG, and Godrej Consumer Products. Discover the target prices and ratings that could impact your investment decisions.

DlfBelPowergridPetronetGodrej ConsumerReal EstateMay 20, 2025

Analyst Insights: DLF, BEL, PowerGrid, Petronet, and Godrej Consumer in Focus
Real Estate:Jefferies maintains a 'buy' rating for DLF with a target price of Rs 1,000 per share. The brokerage highlights DLF's strong Q4 performance, driven by the continued momentum at its luxury Dahlias project. Notably, the delivery of projects in the NCR ahead of estimates significantly boosted DLF’s profit, with a substantial increase in cash balance being a key positive. This target price suggests a potential upside of 35.6% from its Monday’s closing price.

Morgan Stanley has kept its 'overweight' rating on Bharat Electronics Limited (BEL) with a target price of Rs 364 per share. JPMorgan also maintains an 'overweight' rating on BEL, with a target price of Rs 396, indicating a potential upside of 8.9%. Both brokerages are bullish on BEL's growth prospects and financial health.

Morgan Stanley retains its 'equal-weight' rating on PowerGrid with a target price of Rs 295. The brokerage believes that PowerGrid's consistent performance and strategic initiatives will continue to support its stock price, although it does not see significant upside or downside in the near term.

CLSA has maintained a 'reduce' rating on Petronet LNG with a target price of Rs 270. Despite the natural gas company’s Q4 PAT exceeding expectations, primarily due to the reversal of provisions from prior quarters, its core performance fell short on the volumes front by 8.0%. Macquarie has also kept an 'underperform' rating on Petronet with a target price of Rs 260, aligning with CLSA's cautious stance.

Nomura has maintained a 'buy' call on Godrej Consumer Products and raised its target price to Rs 1,485 from Rs 1,450. The brokerage is optimistic about the company's FY26 guidance, which projects mid-to-high-single-digit growth in India volumes and double-digit EBITDA growth. This volume-led EBITDA growth is expected to outperform peers, making Godrej Consumer an attractive investment option.

JPMorgan continues to keep an 'overweight' rating on IndiGo (InterGlobe Aviation) with a target price of Rs 5,810. The brokerage remains bullish on IndiGo's strong market position and growth prospects in the aviation sector, despite the challenges posed by the competitive landscape and economic uncertainties.

Frequently Asked Questions

What is Jefferies' target price for DLF?

Jefferies has set a target price of Rs 1,000 per share for DLF, suggesting a potential upside of 35.6% from its Monday’s closing price.

What is Morgan Stanley's rating on BEL?

Morgan Stanley has maintained an 'overweight' rating on BEL with a target price of Rs 364 per share.

What is Morgan Stanley's rating on PowerGrid?

Morgan Stanley retains an 'equal-weight' rating on PowerGrid with a target price of Rs 295.

What is CLSA's rating on Petronet LNG?

CLSA has maintained a 'reduce' rating on Petronet LNG with a target price of Rs 270.

What is Nomura's target price for Godrej Consumer Products?

Nomura has raised its target price for Godrej Consumer Products to Rs 1,485 from Rs 1,450, maintaining a 'buy' call.

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