Buy or Sell: Stock Recommendations for August 29, 2025

Top brokerage firms have shared their latest stock recommendations. Here’s a summary:

1. Maruti Suzuki India (Target Price: ₹14,300 – Nuvama)

• Nuvama has maintained a buy call on Maruti Suzuki.
• The company has started production of its first electric car, the eVitara.
• Its Gujarat plant is expanding and will be ready by FY27, with flexibility to produce different types of cars.
• The eVitara will be launched in over 100 countries, including Europe, Japan, and India.

2. Adani Ports & SEZ (Target Price: ₹1,700 – Motilal Oswal)

• Motilal Oswal recommends buying Adani Ports.
• The company is building scale and aiming for market leadership in ports.
• Its logistics business is growing rapidly.
• Its marine services business is also expanding and is a profitable growth driver.

3. ICICI Bank (Target Price: ₹1,760 – Jefferies)

• Jefferies has a buy rating on ICICI Bank.
• Some filings show that the bank’s risk in assets has increased, especially with more loans in the SME (small & medium enterprises) segment.
• Still, loan quality remains stable and bad loans are under control.
• Non-performing loans are at their highest in five years, but compliance costs are being managed better due to stronger priority sector lending.

4. RBL Bank (Target Price: ₹300 – Investec)

• Investec suggests buying RBL Bank.
• Management expects Return on Assets (RoA) to rise to 1% by Q4 FY26, helped by better net interest margins.
• Loan growth in FY26 is expected to be 3–4% higher than the industry average.
• Asset quality in microfinance (MFI) and credit cards is improving.
• The bank also plans to raise fresh capital in FY26.

5. Allied Blenders & Distillers (Target Price: ₹600 – ICICI Securities)

• ICICI Securities has given a buy call on Allied Blenders & Distillers.
• The company is focusing on premium alcohol brands to boost growth and profit.
• It is targeting strong numbers by FY28 and is investing in new premium launches.
• Its popular brand Officer’s Choice is performing well in the mass-premium category.
• Backward integration (producing raw materials in-house) is on track and will be complete by FY27, improving margins further.

analysts recommend buying Maruti Suzuki, Adani Ports, ICICI Bank, RBL Bank, and Allied Blenders & Distillers as these companies are expected to perform strongly in the coming years.

Note: These are the brokerage opinions. Always talk to a professional financial advisor before investing.