Motilal Oswal Financial Services has reiterated a BUY on Gokaldas Export, setting a target of Rs 1,110 against a ruling price of Rs 761, an eye-catching upside of about 46 percent.

Motilal Oswal Financial Services has reiterated a BUY on UltraTech Cement, pinning a 12-month target of Rs 13,800 against a prevailing price of Rs 11,780, an implied upside of roughly 17 percent.

Motilal Oswal Financial Services has reiterated a Buy rating on Hexaware Technologies, maintaining its target price at Rs 720, implying roughly 26% upside from the current market price of Rs 570.

The blockade in Strait of Hormuz has impacted Petrochemicals, Plastics, Fertilizers and Industrial Gases and that has led to higher inflation in many countries.

Indian economy has been growing fast but the exports do not follow the same trajectory. Indian government has taken some steps to improve the exports but more would be needed.