Stocks to watch on brokerages’ radar: SBI, Tata Motors, Grasim, Trent, ICICI Bank, Voltas, Cummins India on August 11

Indian equities are expected to see stock-specific action on Monday, 11 August 2025, as several fund houses and brokerages issued fresh recommendations and target price revisions for key companies across sectors.

ICICI Bank share: Equirus maintained an Add rating with a target price of ₹1,600 per share, reflecting a neutral stance.

Grasim share: Motilal Oswal (MOSL) maintained a Buy rating, raising its target price to ₹3,500 from ₹3,300 per share, citing a positive outlook.

Trent share: Macquarie reiterated its Outperform rating with a target price of ₹7,200 per share, maintaining a positive view on the retail major.

L&T Technology Services share: Macquarie maintained its Outperform rating with a target price of ₹5,770 per share, signalling continued optimism.

Cummins India share: MOSL maintained a Buy rating and increased its target price to ₹4,350 from ₹4,200 per share, keeping its positive stance intact.

SBI share: Avendus upgraded the stock to Buy and raised its target price to ₹938 from ₹852 per share, while Morgan Stanley maintained an Equal Weight rating with a target price of ₹885 per share.

Sai Life share: Jefferies upgraded to Buy and lifted the target price to ₹1,000 from ₹800 per share, noting a positive outlook.

Voltas share: Macquarie maintained an Outperform rating with a target price of ₹1,417 per share, supported by a bullish view on the company’s growth prospects.

Manappuram Finance share: Morgan Stanley maintained an Equal Weight rating with a target price of ₹270 per share.

Max Financial share: MOSL maintained a Neutral rating with a target price of ₹1,750 per share.

Info Edge share: MOSL maintained a Neutral rating, raising the target price to ₹1,380 from ₹1,350 per share.

HDB Financial share: UBS maintained a Neutral rating with a target price of ₹790 per share.

NALCO share: MOSL maintained a Neutral rating with a target price of ₹190 per share.

Biocon share: MOSL maintained a Buy rating but trimmed the target price to ₹410 from ₹430 per share.

NOCIL share: MOSL maintained a Neutral rating with a target price of ₹190 per share.

Tata Motors share: MOSL maintained a Neutral rating, cutting the target price to ₹631 from ₹638 per share, while Jefferies maintained an Underperform rating and reduced the target price to ₹550 from ₹600 per share.

Disclaimer: The above views are those of the respective brokerages. This update is for news reporting purposes only and does not constitute investment advice.

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