Moneycontrol PRO
HomeNewsBusinessStocksBuy, sell, hold: 11 stocks that analysts are watching out today

Buy, sell, hold: 11 stocks that analysts are watching out today

Nomura has a buy ratings on Dr Reddy‘s, Glenmark, Alkem, Cadila and Jubilant Life. It says Teva‘s 2017 guidanceis lower than what was presented in 2016-2020 prelim outlook and implies a shortfall of USD 1.5-2 billion in EBITDA. Teva expects mid-single digit price erosion in the base US business.

January 09, 2017 / 16:00 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Moneycontrol Bureau Here are 11 stocks that brokerage firms are watching out today.Indian pharma companies Nomura has a buy ratings on Dr Reddy’s, Glenmark, Alkem, Cadila and Jubilant Life. It says Teva’s 2017 guidanceis  lower than what was presented in 2016-2020 prelim outlook and implies a shortfall of USD 1.5-2 billion in EBITDA.Teva expects mid-single digit price erosion in the base US business. JP Morgan is overweight on Aurobindo Pharma with target at Rs 900 per share on valuation discount to large cap peers narrowed to over 30 percent. It says the stock may see re-rating from monetisation of strong pipeline for the US.

    Info EdgeBank of America Merrill Lynch has downgraded it to neutral from buy on risks to earnings of recruitment, realty & Zomato business. It has also cut target by 7 percent to Rs 924 per share as headwinds in recruitment, 99acres & Zomato persist. It says Zomato’s valuation declines to USD 600-900  million, then Info Edge’s valuation will decline by 3-11 percent.

    LupinCredit Suisse maintains underperform rating with target unchanged at Rs 1350 per share as it is likely to see less competition in Glumetza in the next two quarters.

    Sadbhav Engineering Credit Suisse maintains outperform rating with target unchanged at Rs 375 per share as data suggests significant demonetisation impact on traffic. It says several projects have seen double-digit (13-17 percent) decline in December  in collection. It is positive on stock based on broad opportunity basket, expected improvement in traffic lower interest rates and healthy balancesheet.

    Bharti AirtelBank of America Merrill Lynch cuts FY 17-19 earnings per share (eps) by 4-6 percent and target by 4 percent to Rs 361 per share. It says if Telenor acquisition talks is revenue market share would increase from 33.4 percent  to 35.3 percent and spectrum market share would increase from 21.5 percent to 22.8 percent.JSW EnergyCLSA recommends selling into any strength in the stock but cuts target to Rs 63 from Rs 65 per share. Key headwinds are merchant power demand, 65 percent coal price rise in 2016. FY 16 performance was peak profitability while high merchant tariffs in south India are likely to correct over the next 12 months.

    first published: Jan 9, 2017 08:40 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347