PI Industries target reduced, mixed call given for Avenue Supermart!
With the opening of the stock market, the rush has started in the market. Which shares are going up, which are going down? Intraday trading of which will be good and in which long term investment is beneficial. Before taking a decision on this, listening to the buy call of big brokerage houses is sometimes very helpful. According to the report of Money Control, HSBC has reduced the target rate of PI Industries. At the same time, mixed calls have been given for the shares of Avenue Supermart. That is, the value of Avenue Supermart shares can go above the earlier estimate and can also come down in certain circumstances.
Target for PI industries is Rs 3800 per share
HSBC has reduced the target price for the shares of PI Industries. It has been reduced from Rs 4000 to Rs 3800 per share. MS has not increased or decreased the target price of Petronet LNG shares. It has been allowed to remain stable at Rs 400 per share. MS has underweighted the buy call of PNB. Its target has been kept at Rs 95 per share.
Also know about ONGC shares
Jeffries has reduced the target price of ONGC, the big oil and gas company of the government of India. For this, the buy call has been reduced from Rs 410 per share to Rs 385 per share. Along with this, hope has been expressed for improvement in the correction in ONGC stock for the last three months. CLSA has kept the target buy call for Avenue Supermarts at Rs 5,360 per share. At the same time, MS has kept the buy call of Avenue Supermarts underweight. According to this, the target price of Avenue Supermarts has been kept only at Rs 3,702 per share.