Buy or sell: Stock recommendation by brokers for April 7, 2025
CLSA has downgraded Tata Motors due to potential drops in JLR volumes and diminished EBIT margins. Citigroup suggests a ‘sell’ for AB Fashion, anticipating no further M&A and high leverage impact. UBS has also downgraded IndusInd Bank amidst concerns, while Jefferies remains optimistic about HDFC Bank’s growth.
