Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
8,748.75-43.45
Stock Analysis, IPO, Mutual Funds, Bonds & More
Buy IndusInd Bank, target price Rs 800: Motilal Oswal

The brokerage expects the bank to deliver FY21E RoA/RoE (return on assets/return on equity) of 1.6 per cent/13.7 per cent.

Sell Sanghi Industries, target price Rs 16.6: YES Securities

The brokerage remains structurally negative on the company despite factoring in a bull case scenario.

Buy CreditAccess Grameen, target price Rs 750: ICICI Securities

The company believes it has sufficient cash to meet interest and operating cost obligations for the next 4-5 months.

Buy M&M Financial Services, target price Rs 205: ICICI Securities

The company disclosed that it has Rs 40 billion in liquid investments and another Rs 15 billion in sanctioned and undrawn lines.

Buy ACC, target price Rs 1,520: ICICI Securities

ACC enjoys better than industry average return ratios ( around 12 per cent post tax) as well.

Buy Godrej Properties, target price Rs 721: ICICI Securities

The brokerage says the real estate company with its strong execution track record, healthy balance sheet (net debt of Rs 11 billion as of December 2019) and counter-cyclical business development strategy would emerge stronger over the medium-term.

BULL'S EYE

Hold Shriram City Union Finance, target price Rs 728: Emkay Global

Continued weakness in rural/semi-urban markets post Covid-19 will impact overall growth prospects of the company.

Buy NTPC, target price Rs 120: Emkay Global

The brokerage has lowered the company’s FY20/21E EPS to factor in low generation and a fall in incentive income amid falling demand.

Buy  Aarti Industries, target price Rs  888: Axis Securities

Factoring in the Covid-19 led pressure on earnings, the brokerage values the stock at 21 times its FY22E EPS.

Neutral on PNB Housing Finance, target price Rs 190: Motilal Oswal

The brokerage cut the FY21-22 EPS estimates by 8-11 per cent to factor in lower growth and higher credit costs.

Buy  Sun Pharma, target price Rs  450: Edelweiss

Buy Sun Pharma, target price Rs 450: Edelweiss

The analyst suggested a stoploss at Rs 390 .

Buy  JSW Steel, target price Rs  180: Edelweiss

Buy JSW Steel, target price Rs 180: Edelweiss

The analyst suggested a stoploss at Rs 145 .

Buy  United Spirits, target price Rs  560:   Edelweiss

Buy United Spirits, target price Rs 560: Edelweiss

The analyst suggested a stoploss at Rs 475 .

Buy  Biocon, target price Rs  350:   Edelweiss

Buy Biocon, target price Rs 350: Edelweiss

The analyst suggested a stoploss at Rs 297 .

Buy Sobha, target price Rs 438: CLSA

Buy Sobha, target price Rs 438: CLSA

Following a sharp decline, Sobha’s stock trades at favourable risk-reward, the brokerage said.

Buy HDFC Bank, target price Rs 1,150: Motilal Oswal

Buy HDFC Bank, target price Rs 1,150: Motilal Oswal

The brokerage expects overall loan growth over FY21 to be affected due to the lockdown. Also, the appointment of a new CEO is a huge event.

Load More...
Disclaimer: Views and recommendations given in this section are analysts' own and do not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

BACK TO TOP