5 Stocks That Foreign Brokerages Are Bullish On

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Markets have rallied significantly in the last few months and the Sensex is near its lifetime high. One has to buy selectively into stocks as markets have run up too fast. Here are a select list of stocks that brokerages are bullish on.

Pidilite Industries

5 Stocks That Foreign Brokerages Are Bullish On
Pidilite Industries is known for its extremely popular Fevicol brand. Foreign Brokerage firm Citi is bullish on Pidilite Industries and has set a target of Rs 610 on the stock. The share of Pidilite Industries is currently quotes at Rs 485 on the National Stock Exchange.

Exide Industries

Exide is a top player in the battery business, catering to a wide variety of battery needs. The stock is currently traded at Rs 181. Bank of America Merrill Lynch has set a price target of Rs 185 on the stock. Exide Industries is India's Number one battery maker.

IndusInd Bank

IndusInd Bank is among the reputed private sector banks in the country. Deutsche Bank has recommended the stock with a price target of Rs 835. the stock is currently trading t Rs 785 on the National Stock Exchange.

Page Industries


Barclays has put a "buy" call on Page Industries. The stock is currently trading at Rs 10,149. The form has set a target of Rs 10,954 on the stock. Page Industries are the exclusive licensees of JOCKEY International Inc. (USA) for manufacture and distribution of the JOCKEY brand in India.

Maruti

Credit Suisse is bullish on Maruti and has set a target of Rs 4000 on the stock. The current price of the stock is Rs 3393. Maruti is the largest passenger car maker in India.

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