IPO Investor Academy
June 17, 2025 at 03:09 AM
*Fund Houses Recommendations* Citi on *Max Fin:* Initiate Buy on Company, target price at Rs 1840/Sh (Positive) Jefferies on *Navin Fluour:* Maintain Buy on Company, target price at Rs 5280/Sh (Positive) Nomura on *MGL:* Maintain Buy on Company, target price at Rs 1680/Sh (Positive) GS on *BSE:* Maintain Neutral on Company, raise target price at Rs 2490/Sh (Neutral) CLSA on *Tata Motors:* Maintain Outperform on Company, target price at Rs 805/Sh (Neutral) MS on *Tata Motors:* Maintain Equal weight on Company, target price at Rs 715/Sh (Neutral) Jefferies on *Tata Motors:* Maintain Underperform on Company, target price at Rs 600/Sh (Neutral) GS on *Tata Motors:* Maintain Underperform on Company, cut target price at Rs 600/Sh from Rs 630/Sh (Neutral) GS on *KPIT Tech:* Maintain Neutral on Company, target price at Rs 1280/Sh (Neutral) Nomura on *IGL:* Maintain Neutral on Company, target price at Rs 210/Sh (Neutral) Nomura on *Gujarat Gas:* Maintain Reduce on Company, target price at Rs 406/Sh (Neutral)

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