Moneycontrol Bureau Here are 4 stocks that brokerage firms are watching out today.
Tata SteelCredit Suisse maintains outperform rating with target unchanged at Rs 515 per share as delinking pension fund should pave way for Thyssenkrupp JV, which could take 6-12 months to materialize.
Kajaria CeramicsHSBC initiates coverage with a buy call and target at Rs 615 per share. It finds current level as an attractive entry point while the stock has corrected 28 percent from its peak. It says the stock is set to benefit from market share gains and residential completions. It is set to benefit from government initiatives & low gas prices
Tata PowerJP Morgan has set a target of Rs 90 per share awaiting clarity on a reconciliation of the two calculations. It says methodology for calculating tariff is a relief for Mundra UMPP.
Crompton GreavesKotak says incremental losses in a new deal could shave target by Rs 12-16 per share and improved standalone performance led by healthy power margin. It has a reduce rating on the stock.
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