BROKERS CHOICE: PETRONET, ANANTRAJ, DIXONTECH, ADANIGROUP, INDIANGDP, RBLBANK
AHMEDABAD, 2 DECEMBER
UBS on Petronet: Upgrade to Buy on Company, raise target price at Rs 400/Sh (Positive)
Emkay on Anant Raj: Maintain Buy on Company, target price at Rs 925/Sh (Positive)
Nomura on Dixon Tech: Maintain Buy on Company, target price at Rs 18654/Sh (Positive)
Nuvama on Adani Ports: Maintain Buy on Company, target price at Rs 1960/Sh (Positive)
UBS on Indian GDP: Growth in the September quarter was much below consensus expectation, lowering FY25 real GDP growth to 6.3% YoY; sequential pick-up likely in H2 (Neutral)
Bernstein on Indian GDP: RBI will get more comfortable with policy actions, but this will impact Rupee, so the pace of cuts has to be modest (Neutral)
Citi on Indian GDP: Real GDP growth fell to a 7-quarter low of 5.4% YoY in Q2FY25, there was a broad-based slowdown in industrial growth, while services remained resilient (Neutral)
Jefferies on Indian GDP: Weak 5.4% GDP growth for Sep quarter is not surprising as corp results were already implying weakness (Neutral)
HSBC on Titagarh: Maintain Buy on Company, cut target price at Rs 1425/Sh (Neutral)
Jefferies on Bajaj Finance: Maintain Buy on Company, cut target price at Rs 8400/Sh (Neutral)
UBS on Pharma Sector: US price erosion has now reverted to mid-cycle range of 4-6% y/y (Neutral)
Nomura on Indian GDP: Slowing consumption and investment growth suggest domestic growth engines are sputtering, we lower our FY25 GDP growth forecast to 6.0% (from 6.7%) (Negative)
MS on Indian GDP: QE Sep GDP Disappoints; Mark to Market FY25 Lower (Negative)
MS on Indusind Bank: Maintain Equal weight on Company, cut target price at Rs 1150/Sh (Negative)
Investec on RBL Bank: Maintain Hold on Company, cut target price at Rs 170/Sh (Negative)
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ, ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
