Jul 14, 2017 09:36 AM IST | Source: CNBC-TV18

Buy, Sell, Hold: 3 stocks are being tracked by analysts today

TCS and RIL, among others, are on the radar of analysts on Friday

  • bselive
  • nselive
Todays L/H


Brokerage: CLSA | Rating: Buy | Target: Rs 2,850

The brokerage house termed the company’s Q1 performance as disappointing due to a margin miss despite in line revenue growth. Further, it said that growth acceleration in the second half of the fiscal stays on the cards. The operating leverage from utilization can help overcome margins, it added. Meanwhile, stronger H2 growth and improving utilization can help recover margins, it added.


Brokerage: CLSA | Rating: Buy

CLSA believes that a 4G feature phone will monetize the under-utilised network. The launch of the phone in Q2 will open up 65 percent of the telecom market. Further, it observed that Jio may bring down effective ownership cost by bundling free services with the 4G phone.


Brokerage: CLSA

CLSA highlighted the highest-ever free cash flow at the company even as the return on equity is below the historical average. The formalisation of jewellery industry is big positive for the stock, it said. Further, it also sees the scrip as a strong play on revival in consumer sentiment and sees the company’s initiatives expanding market shares.
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