# Brokerages issue stock calls on Tata Motors, Jubilant Food, Delhivery 2026-08-14T09:16:49+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Multiple brokerages have updated their recommendations on a clutch of stocks across sectors. Citi maintains Sell on Tata Motors PV with a lower target of Rs 305, flagging margin headwinds, while Macquarie keeps Outperform at Rs 381. Jubilant FoodWorks receives a mixed bag: Morgan Stanley and Citigroup maintain Buy or Equal-weight, but Macquarie rates it Underperform. Delhivery gets an Outperform from Macquarie, citing strong operating leverage. LG Electronics and Page Industries also figure in the picks. Brokerages point to improving domestic demand but caution about input cost inflation and margin squeezes. For Jubilant Food, Jefferies and Citi see Popeyes as a growth engine. Delhivery is expected to consolidate market share in logistics. The reports come ahead of the festive season, with several analysts stressing that actual volume trends will be the key to watch. ## Coverage - ndtvprofit.com Tags: brokerage calls, Delhivery, Jubilant FoodWorks, Q1 results, stock market, Tata Motors Canonical: https://indianopinion.org/brokerages-issue-stock-calls-on-tata-motors-jubilant-food-delhivery/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/brokerages-issue-stock-calls-on-tata-motors-jubilant-food-delhivery/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.