Goldman Sachs Rates Tata Power as Sell, HSBC Recommends Buy for ACME Solar
Buy, Sell or Hold: Goldman Sachs maintains sell on Tata Power; HSBC maintains buy on ACME Solar
The Economic TimesImage: The Economic Times
Brokerage firms are divided on key stocks, with Goldman Sachs advising a sell on Tata Power Company due to caution, while HSBC maintains a buy rating on ACME Solar Holdings Ltd, citing strong growth prospects and capacity expansion.
- 01Goldman Sachs has a sell rating on Tata Power Company.
- 02HSBC maintains a buy rating on ACME Solar Holdings Ltd.
- 03Elara Capital is positive on Berger Paints India Ltd.
- 04HSBC cites strong capacity expansion for ACME Solar.
- 05Mixed outlook reflects varied opportunities across sectors.
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Brokerage firms are expressing a mixed outlook on key stocks, with Goldman Sachs maintaining a sell rating on Tata Power Company, indicating caution in its performance. On the other hand, HSBC is optimistic about ACME Solar Holdings Ltd, maintaining a buy rating due to its robust capacity expansion pipeline and long-term earnings visibility. Additionally, Elara Capital remains constructive on Berger Paints India Ltd, highlighting steady volume growth and margin improvement. This divergence in ratings underscores the varying opportunities and risks present in different sectors of the market.
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