We now have collated an inventory of suggestions by prime brokerage corporations from ETNow and different sources:
Macquarie on ABB India: Outperform| Goal Rs 3750
Macquarie maintained an outperform score on ABB India with a goal value of Rs 3750. The corporate recorded its highest-ever quarterly order influx in This autumn.
The corporate noticed broad-based order influx development within the March quarter. Robust execution pick-up was seen throughout numerous segments is a optimistic signal.
Double-digit EBIT margins have been recorded throughout most segments.
Jefferies on Havells India: Maintain| Goal Rs 1335
Jefferies maintained a maintain score on Havells India with a goal value of Rs 1335. The corporate noticed softer shopper offtake, however industrial demand remained wholesome, it mentioned.
Lloyd reported an EBIT loss but once more, and the AC stock can be larger. The worldwide funding financial institution is of the view that many of the positives seem priced-in on the present PE.JPMorgan on Cholamandalam Funding: Obese| Goal Rs 1020
JPMorgan maintained an obese score on Cholamandalam Funding with a goal value of Rs 1020. The corporate recorded a margin enchancment whereas sustaining system-leading development which addresses our main concern, it mentioned.
“All the expansion vectors are firing. The asset high quality stays stable, and the premium valuations can maintain within the near-term,” it added.
Emkay on Titan Firm: Maintain| Goal Rs 2620
Emkay maintained its maintain score on Titan Firm with a goal of Rs 2620 publish March quarter outcomes.
Q1 EBITDA was 3% under our estimates as a result of a weaker margin in watches /eyewear, whereas the jewellery margin was higher. Q1TD commentary was blended, with demand selecting up within the festive season, but remaining subdued in any other case.
(Disclaimer: Suggestions, options, views, and opinions given by specialists are their very own. These don’t characterize the views of Financial Instances)