2 Stocks To Buy, Hold: 2 Brokerages Give Buy, Hold Call To Mid Cap, Large Cap Stocks

2 leading brokerages namely LKP Securities and Emkay Global have given buy and hold ratings to 2 large cap and mid cap stocks. These stocks are Mahindra Mahindra Ltd. and Exide Industries Ltd. Emkay Global has assigned hold rating to Exide Industries and LKP Securites has given buy rating to Mahindra Mahindra Ltd. Check key takeaways below: Leading brokerage house Emkay Global has given hold rating to Exide Industries with a target price of Rs 190 apiece.Stock Outlook: The current market price of Exide Industries is Rs 175 apiece with a 52-week high of Rs 175 apiece and 52-week low of Rs 130 apiece, respectively.The stock has gained 3.51% so far in morning trade (November 14, 2022). The company has a market capitalisation of Rs 14,892 crore.Return: The stock operates in Auto Ancillaries sector and came into existence in 1947. The shares have declined 15% in last 5-years, 10% in last 3-years, and 5% in last 1-year. The stock has gained 7% in last 3-months.Financials: The company declared a consolidated total income of 3876 crore, down 4% from last quarter total income of Rs 4051 crore. It declared a net profit after tax at Rs 241 crore in latest quarter.About the company: Exide has nine factories strategically located all over India out of which 7 factories are dedicated to batteries and the other 2 factories manufacture Home UPS Systems. It is the only company with multi-locational manufacturing units spread across the country and equipped with cutting edge technology machines, according to its official website.Advertisement Brokerage firm LKP Securities has given buy rating to Mahindra & Mahindra Ltd with a target price of Rs 1513 apiece.Stock Outlook: The stock gained 0.90% in morning trade. The current market price of the stock is Rs 1298 apiece. If you buy Mahindra & Mahindra Ltd today, you will get a potential return of 17%. The large cap stock operates in Auto sector. The company has a market capitalisation of Rs 1,61,459 crore. It has given maximum return of 124% in the last 3-years.Financials: The company declared a consolidated total income of Rs 30076 crore, up 5% from last quarter total income of Rs 28628 crore. Meanwhile the net profit after tax was reported at Rs 2585 crore in the latest quarter.About Mahindra & Mahindra Ltd: The company is engaged in the manufacturing of automotive vehicles. Mahindra & Mahindra operates through various segments namely Automotive, Farm Equipment, and Others. The Automotive segment includes of sale of automobiles, spare parts, and related services. The stocks have been picked from the brokerage report of Emkay Global and LKP Securities. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.