Moneycontrol Bureau Here are 11 stocks that brokerage firms' are picking.
RelianceCLSA on maintains buy call on the stock as Q2 net profit is 7 percent ahead of consensus with target price at Rs 1350 per share.
Bank of America Merrill Lynch reiterates buy call with a target price at Rs 1165 per share. It has raised FY17 EPS by 9 percent as Jio's capitalisation may continue this FY.
Goldman Sachs maintains buy call with target price at Rs 1180 per share as the company’s Q2 performance above expectations due to better refining/petchem margin.
Morgan Stanley maintains overweight on the stock with target price at Rs 1280 per share. No surprises from company’s end with project execution on track.
Deutsche Bank maintains buy call on the stock with target price at Rs 1235 per share. Strong profit growth led by robust petchem performance.
JP Morgan remain neutral with a target price at Rs 1070 per share.
AutosGoldman Sachs has upgraded Ashok Leyland to buy with target price at Rs 95 per share on rebound commercial volume in H2FY17. It reiterates buy on Maruti, Eicher, Amara Raja, Motherson Sumi and TVS Motors.
Wipro Morgan Stanley is underweight as it continues to pursue aggressive M&A strategy compared to peers. Building out capabilities & expanding geographic footprint encouraging.
Nomura remain neutral with a target price of Rs 490 per share. Appirio buy will add 3 percent to company’s revenue and is expensive at 2.5x sales. YES Bank Morgan Stanley is overweight rating with target price at Rs 1300.
Nomura reiterates buy with a target price of Rs 1510 per share. Retail momentum building plus asset quality performance better than peers
Deutsche Bank has buy rating on the call with target increased to Rs 1450 per share from Rs 1400 per share.
Bank of America Merrill Lynch has reiterated buy with target price of Rs 1590 per share as Q2 earnings beat led by strong loan growth. Asset quality is comfortable as credit cost guidance lowered.
JP Morgan is overweight with target price of Rs 1500 per share Macquarie has outperform rating with target price at Rs 1325 per share as growth was quite strong & so was asset quality.
LIC Housing Finance Morgan Stanley is overweight with target price of Rs 700 per share.
Bank of America Merrill Lynch maintains buy call with target price at Rs 635 per share
Deutsche Bank has a hold rating with target price of Rs 530 per share.
JP Morgan is overweight with target price of Rs 570 per share.
DB Corp Citi has buy rating with target price of Rs 495 per share as underlying trends slower in Q2.
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