Hot Stocks: Brokerages on Bajaj Finance, SBI Life and Maruti Suzuki

Morgan Stanley and JPMorgan have both maintained an overweight rating on Bajaj Finance after its March quarter results. The former predicts a target price of Rs 8,000 and the latter Rs 9,000, citing strong asset quality and growth potential. Goldman Sachs has suggested a buy rating on SBI Life Insurance, with a target price of Rs 1,510 due to the company’s robust visible new business growth. Choice Broking maintained an outperform rating on Maruti Suzuki with a target of Rs 10,331, due to the automobile manufacturer’s healthy Q4FY23 performance, high annual sales volume, and new launches.

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