Bajaj Auto Brokerage: Bank of America Merrill Lynch Rating: Buy Target: Rs 2,095 Rationale: Bajaj Auto derives 25% of sales and estimated 30% of profit from the premium Pulsar brand. The company is expected to further leverage this franchise, driven by several launches sharing common platform with KTM Duke.
Jubilant Foodworks Brokerage: Goldman Sachs Rating: Buy Target: Rs 1,704 Rationale: Multiple store launch announcements and news on corporate tie-ups and pacts with developers, managing large business parks are the key catalysts for the stock.
Shriram Transport Finance Brokerage: Standard Chartered Rating: Outperform Target: Rs 725 Rationale: With clarity on new regulation, revival in loan growth and stabilising asset quality, the stock is likely to re-rate.
BHEL Brokerage: Bank of America Merrill Lynch Rating: Neutral Target: Rs 228 Rationale: BHEL has emerged as the L1 bidder for Odisha Power Generation Corporation's over 1,300 megawatt order. Revival in capex post power reforms and inexpensive valuations are positive catalysts for BHEL.