What to Buy, Sell and Hold

Prabhudas Lilladherhas reiterated its buy rating on Cummins India with a target price of Rs 1,030. The broker age said the company has a healthy potential in the domestic market because of structural factors like revival in industrial demand, the un reliable quality of power in India and the lack of credible options for power backup and the potential of exports. Cummins India rose 4.69% to Rs 937.90 on Thursday.

Prabhudas Lilladher has maintained its accumulate recommendation on Pidilite Industries with a target price of Rs 585 citing that the near term margin outlook looks strong, given further soften ing of crude prices. Premium valuations are expected to sustain, given strong brands and long-term growth po tential. Pidilite Industries gained 2.80% to Rs 582.90 on Thursday.

Centrum Equity Research has retained its accumu late rating on Amara Raja Batteries with a target price of Rs 947 citing that the com pany reported strong results for the September-December quarter. The brokerage said that the company's com petitive advantages like the brand, superior technol ogy, lower pricing should aid its growth. Amara Raja Batteries declined 1.50% to Rs 849.60 on Thursday.

Karvy Stock Broking has a buy recommendation on JK Lakshmi Cement with a target price of Rs 424. The brokerage said that the revenue growth rose17% from the same period a year ago on account of strong volume growth. JK Lakshmi Cement fell 1.08% to Rs 270 on Thursday.