Moneycontrol Bureau Here are 7 stocks that analysts are watching out today.Bajaj FinanceCredit Suisse retain underperform rating as the company seeing a mix of slowdown in growth in some segments. It says other than two-wheeler finance, collections are holding up quite well. The management has incrementally turned negative on high-end lap. It adds Q3 AUM may fall to 32-33 percent if November disclosures represent full quarter. Post demonetisation, it’s among the most expensive stocks in sector.
CESCCiti has a buy call on the stock with target at Rs 790 per share. The company is top small cap pick in electric utilities sector.
HindalcoMorgan Stanley is overweight on the stock with target increased to Rs 219 from Rs 183 per share as earnings recovery underway and deleveraging to follow.
Steel SectorMorgan Stanley remains underweight on SAIL as valuation looks lofty at 12.3x f18e EV/EBITDA. It says recovery in domestic utilisation and improving global steel prices are positive. JSW Steel is its top pick in the sector. It adds Tata Steel also in a sweet spot in the domestic business.
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