Hot Stocks: Brokerages on Jubilant FoodWorks, Sun Pharma, Nykaa; Motilal upgrades HDFC Life

Top brokerages issue ratings and targets for key stocks: Motilal Oswal upgrades HDFC Life to buy; Jefferies reaffirms buy for Sun Pharma; UBS stays neutral on Nykaa; Jefferies advises hold on Jubilant FoodWorks. Analysts anticipate growth trajectories and address performance factors.