Moneycontrol Bureau Here are 5 stocks that analysts are watching out today.
CadilaCredit Suisse maintains neutral rating with target cut to Rs 370 from Rs 405 per share as sales miss of 3 percent is driven by US sales declining 11 percent.
Morgan Stanley stays overweight as margin will improve and be back to historical highs in 2-3 quarters. Re-inspection of Moraiya most important near-term driver. Target for the stock is at Rs 439 per share.
Macquarie maintains outperform with target cut to Rs 425 from Rs 440 per share as increasing US contribution to total sales to be a key margin lever.
Bajaj AutoCLSA says margin resilient at 20-21 percent maintain estimates. It has outperform recommendation weak as volumes drag Q3 results. It is cautious on near-term demand outlook.
Oil IndiaCLSA cuts FY17 EPS estimates by 10 percent target increased to Rs 390 from Rs 382.50 per share.
ONGCCLSA maintains underperform with target increased to Rs 210 from Rs 190 per share as it believes further upside is capped,
ICICI BankCLSA says its one among our top sector picks. It has raised FY17 estimates by 3 percent, lift target to Rs 330 from Rs 310 per share.
DaburCLSA retains underperform rating as demonetisation impact much was worse than expected. Decline in volume was a big disappointment decline in margin arrested by sharp cuts in media spend stock lacks near-term triggers.
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