Top stocks to buy or sell today: Stock recommendations for July 7, 2025 – here’s what brokerages are saying
Nuvama has downgraded its rating on Trent to hold from buy and cut its target price to Rs 5,884 from Rs 6,627. The analysts believe Trent Hypermarket (Star Bazaar) can become bigger than Westside and Zudio given the size of the food industry. Star Bazaar is focused on the company’s branded products while Big Basket is relatively more expensive. There are no plans to merge these two businesses. Trent plans to add over 250 stores in all formats combined for FY26 and may add more depending on market conditions and availability of investable properties. However, current run rate falls short of management’s aspiration of 25% growth over the next few years. Pickup in Zudio Beauty and the Star business can become the next big growth levers but these businesses need to stabilise before scaling up.Morgan Stanley maintained its underweight rating on Bank of Baroda with a target price of Rs 235. Analysts said that as expected in April-June quarter growth moderated. The lender’s domestic loan growth moderated to 12.4% on an annual basis compared to 13.7% (below industry rate), while the domestic deposit growth moderated to 8.1% from 9.3% (also below industry rate). BoB’s loan to deposit ratio of 82% is elevated and could weigh on loan growth if deposit growth stays muted.Motilal Oswal Securities maintained its neutral rating on IndusInd Bank with the target price at Rs 800. Analysts feel operating performance will recover gradually and they estimate 1% return on assets by FY28. They also expect business growth to remain under pressure in near term, loan growth to remain modest, estimated at 7% on an annual basis during the current fiscal. Bank to retire high-cost liabilities and near-term growth is expected to remain muted.Nomura has a neutral rating on Bandhan Bank with the target price at Rs 165. Analysts said they expect the lender’s April-June quarter to show weak loan growth with a sharp decline in CASA to 27.1%, a drop of 430 basis points. They also expect overall collection efficiency to decline by 20 basis points to 97.7%.Jefferies maintained its buy rating on Bajaj Finance with the target price at Rs 1,044. Analysts said they expect the NBFC major in April-June quarter would show a healthy growth despite softer market trends. And this growth is encouraging as it comes in a quarter when sales of consumer durables were down. The company’s AUM growth may have been aided by better trends in other segments, including cross-sell of personal loans and SME loans. The NBFC major is also expected to show healthy asset growth, and its easing fund cost can aid earnings and valuations.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
