Hot stocks: Brokerages on DMart, Indegene, Indus Towers, Tata Motors and ONGC

JPMorgan has maintained an "Overweight" rating on Tata Motors with a target price of Rs 1,250. Although JLR experienced a 1% year-over-year decline in July 2024 retail sales, China inventories are well-managed, and US inventories and incentives remain stable.