Buy or sell: Stock recommendation by brokers for April 11

Bernstein has initiated coverage on Vishal Mega Mart with an ‘underperform’ rating and a target price of Rs 90, citing increasing competition and peak margin profile. Motilal Oswal Financial Services has a ‘neutral’ call on KEI Industries with a target price of Rs 3,000, highlighting strong demand for cables and growth concerns. Nuvama has a ‘buy’ rating on Godrej Properties with a target price of Rs 2,429, noting record pre-sales but concerns about housing volumes. Investec has upgraded Vedanta to ‘buy’ with a target price of Rs 510, citing strong cost position and monitorable issues. DAM Capital Advisors has a ‘buy’ rating on Affle India with a target price of Rs 1,730, emphasizing growth strategies and AI adoption for better returns.

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