Buy or sell: Stock recommendation by brokers for November 17, 2025

CLSA downgraded Jubilant Foodworks to underperform, citing missed sales estimates. Jefferies maintained a buy on Voltas despite Q2 misses, while Bernstein upgraded Muthoot Finance to outperform on strong AUM growth. HSBC held Alkem Laboratories with a raised target, and Kotak initiated a sell on Eicher Motors due to expensive valuations.

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