Brokerage Calls: Buy TCS, ITC, Maruti, Tech Mah, Dish TV

Here is how brokerages are trading the following stocks:

TCS
Brokerage: CLSA
Rating: OUTPERFORM
Target Price: Rs 2200

ITC
Brokerage: Credit Suisse
Rating: OUTPERFORM
Target Price: Rs 385
Rationale: The brokerage sees the company’s earnings growth around 18-20% and has the company as its top pick in the Indian space.

Maruti Suzuki
Brokerage: Deutsche Bank
Rating: BUY
Target Price: Rs 1450
Rationale: The brokerage expects a strong demand environment for the auto company in 12-18 months.

Eicher Motors
Brokerage: Bank of America Merill Lynch
Rating: UNDERPERFORM
Target Price: Rs 2845
Rationale: The brokerage has cut the CY13 profit forecast by 8%.

Tech Mahindra
Brokerage: Morgan Stanley
Rating: OVERWEIGHT
Target Price: Rs 1650

Dish TV
Brokerage: Morgan Stanley
Rating: OVERWEIGHT
Target Price: Rs 54
Rationale: The brokerage remains a focused player in DTH business and believes the stock underperformance is an opportunity to buy.