Stocks To Buy Today, Brokerages Recommendation: IndusInd Bank, ONGC, ITC, Indian Oil, BPCL, HPCL and more

JPMorgan has kept Neutral rating with a target price of Rs 1100 (from Rs 1200) the same.

The firm said, “FY25/26 estimates cut by 18% due to lower growth, NIMs, and higher credit costs. Provisions costs may remain high in the last quarter. Valuations at 9X FY26 P/E may look cheap. Possible re-rating in the current climate is questioned.” JPMorgan has stayed at a Neutral rating and with a target stocks to Buy for long term Rs 293. They said, “From KG-98/2 production output build-up to gain in near-term earnings.

Increase in Q4 is expected with a rise in the volume of crude oil, realizations, and a weaker Indian Rupee. Refining margins could also be up due to the improving inventory positions and LPG subsidy payments.” Jefferies has given a BUY rating with a target price of Rs 550. The company announced that ITC is getting ahead with no increase of tobacco taxes.

GST rates are foreseeable as stable until March 2026 although the Centre finalizes the states' dues. Prolonged tax validity boosts income expectations. A straightforward exemplar of income tax deductions and benefits,” it said.

On the other side, Morgan Stanley has kept a Weighing rating with a target price Rs 554. The firm said, “Expect the cigarette tax to be averaged.

Stocks to Buy right now:

BPCL Share Price Target 2025

Jefferies revised its former steal standing to a target price of Rs 330(from Rs 370).

Indian Oil (IOCL) Share Price Target 2025

Jefferies has sustained a BUY rating of Rs 150 (from Rs 170) as a target price to be achieved.

HPCL Share Price Target 2025

Jefferies sounded a warning bell of Underperform for a target price of Rs 270 (from Rs 295).

UPL Share Price Target 2025

Investec upgraded the rating to "BUY" from "Sell" and also increased the target price to Rs 700 from Rs 450.