AHMEDABAD, 20 AUGUST

UBS on Polycab: Initiate Buy on Company, target price at Rs 8550 (Positive)

UBS on KEI Ind: Initiate Buy on Company, target price at Rs 6150 (Positive)

Emkay on Kalpataru: Maintain Buy on Company, target price at Rs 1550 (Positive)

Macquarie on TCS: Maintain Outperform on Company, raise target price at Rs 5740 (Positive)

Citi on BPCL: Maintain Buy on Company, target price at Rs 380 (Positive)

Jefferies on Reliance Ind: Maintain Buy on Company, raise target price at Rs 3530 (Positive)

UBS on India Economics: Indian economy holding up well; potential growth (6.5% vs. 6.5-7% UBSe). (Positive)

BofA on Asia Strategy: In Asia – Reliance, ICICI Bank and Infosys feature among the most important list (Positive)

Jefferies on India Strategy: 12% earnings growth (ex-O&G, metals) / domestic cos was broadly in line (Neutral)

JP Morgan on HCL Tech: Maintain Neutral on Company, target price at Rs 1510 (Neutral)

MS on HCL Tech: Maintain Overweight on Company, target price at Rs 1705 (Neutral)

Nomura on Indusind Bank: Maintain Neutral on Bank, target price at Rs 1580 (Neutral)

MS on Titagarh Rail: Maintain Overweight on Company, target price at Rs 1337 (Neutral)

Citi on M&M: Maintain Buy on Company, cut target price at Rs 3180 (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.)

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