Fund Houses Recommendations at a Glance (1=3=23)
CLSA on M&M: Upgrade to Buy on Company, target price at Rs 1619/Sh (Positive)
Citi on Infosys: Maintain Buy on Company, target price at Rs 1665/Sh (Positive)
MS on Federal Bank: Maintain Overweight on Bank, target price at Rs 175/Sh (Positive)
Citi on Federal Bank: Maintain Buy on Company, target price at Rs 165/Sh (Positive)
UBS on Lal Pathlabs: Maintain Buy on Company, target price at Rs 2600/Sh (Positive)
Kotak on Cummins: Maintain Buy on Company, target price at Rs 1810/Sh (Positive)
Jefferies on Telecom sector: In Q3, sector rev grew by 15% YoY to peak levels driven by metro & city circles. Expect sector rev to grow at 12% CAGR to $34 bn over FY23-25 (Positive)
MS on Banks: Bank stocks were down 0.6% in Feb vs a decline of 1.2% for Sensex. Stay overweight on banks with access to retail deposits (Neutral)
Nomura on Ceat: Maintain Neutral on Company, target price at Rs 1617/Sh (Neutral)
Nomura on Federal Bank: Maintain Neutral on Company, target price at Rs 155/Sh (Neutral)
(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.)