Hot stocks: Brokerage view on Tata Power, Cummins, PFC and PB Fintech

Axis Capital maintained an Add rating on Tata Power and raised the target price to Rs 500 from Rs 358. Investec also increased its target price to Rs 467 from Rs 412, maintaining a Hold rating. Tata Power, benefiting from strong management and a potential discom privatization push, aims to add 5.3 GW of RES and execute 3 GW of EPC projects.