DLF Brokerage: JP Morgan Rating: Overweight Target: Rs 300 Rationale: On a core basis, operational cash flows are still marginally negative for the company. However, this should get rectified post the high value luxury launches in Gurgaon over the next few months.
Dr Reddys Brokerage: Bank of America Merrill Lynch Rating: Neutral Target: Rs 1975 Rationale: A sharp deceleration to 13 percent in the US market sales is likely in FY14.
SBI Brokerage: CLSA Rating: Buy Target: Rs 2920 Rationale: The key positive in the result was the healthy deposit growth of 16 percent. That could support loan growth as demand picks-up.
Tata Motors Brokerage: Credit Suisse Rating: Outperform Target: Rs 385 Rationale: The new range rover is likely to surprise on volumes. Margins can expand by 200 bps in the fourth quarter.