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Top stocks to buy or sell: Stock recommendation by brokers for August 8, 2025

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Goldman Sachs has a buy rating on Bajaj Auto with the target price at Rs 9,500. Analysts said that the company’s April-June (Q1) quarter was in-line. However, they feel rare earth shortages are likely to impact E2W and E3W sales with Bajaj Auto expecting 50-60%/70-80% planned production for E2W/E3W in the current quarter. And a resolution of shortages is expected by the end of FY26. Analysts expect the company’s margins to stay flat.Bernstein has an outperform rating on Trent with the target price at Rs 6,500. Analysts said there was significant disappointment on revenue growth. The company added 27% stores between Q1 of FY25 and Q1 of FY26. Due to larger new stores, this translated to 38% square feet area addition. However, revenue growth (standalone) disappointed at 20% for Q1FY26.Antique has maintained its buy rating on Bharti Airtel with the target price raised to Rs 2,222 from Rs 2,100 earlier. Analysts said Q1 results were in-line with expectations, while FY26 subscriber growth estimates were cut by 1%, and ARPU (average revenue per user) remains unchanged. They expect FY26/FY27 earnings to remain steady. The key trigger could be the next tariff hike which is likely in Q1FY27. Analysts also expect lower wireless capex to improve free cash flow and Return on Equity.Jefferies maintained its underperform rating on Bharat Forge with the target price at Rs 950. Analysts said that the Q1 was a tough one for the company and its export outlook is weakening and a weak macro and the rising US-India tariff rates have significantly impacted export outlook. On the positive side, the ramp-up of large orders for guns by India should boost growth starting Q4.Motilal Oswal Securities maintained its neutral rating on Britannia with the target price at Rs 5,850. Analysts said that the company’s revenue growth was led by pricing, but margin pressure continued. The company is open to price cuts if needed. They expected Britannia’s EBITDA margin to be at 18-18.5% for FY26-FY28. They said the company’s profitability may recover like in the previous inflation cycle. They also are waiting to see stable demand in core categories.

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