Brokerages Eye 11 Stocks: IndiGo, L&T, Home First Finance, Auto Sector Top Picks

• Citi issues BUY calls on IndiGo (target Rs 5,100) and Home First Finance (target Rs 1,380) citing strong growth and mitigation strategies.
• CLSA gives Outperform to L&T (target Rs 4,842) on robust Saudi Aramco capex and $80 billion order backlog, seeing recent dip as buying chance.
• HSBC downgrades OMCs (IOC, HPCL, BPCL to Hold, ONGC to Reduce) due to potential marketing losses from high crude oil prices.
• InCred maintains Overweight on auto sector, favoring Maruti, Ashok Leyland, and Eicher Motors despite war-related risks.
• HSBC and Nuvama recommend BUY on Embassy REIT, projecting up to 50% NOI increase and rising occupancy driven by strong office space demand.