Whereas Motilal Oswal has upgraded the ranking to ‘purchase’ for ITC with a goal of 335, CS continues to ‘outperform’ on Zee Leisure with a goal of 300. Listed here are the highest brokerage requires the day –
Motilal Oswal on ITC , The agency expects the corporate to submit 15 per cent earnings CAGR (compounded annual development price) in FY 2012-24. It has upgraded the ranking to ‘Purchase’ with a goal of 335.
JP Morgan on Reliance , The brokerage agency upgraded the ranking of Reliance Industries to ‘chubby’ with a revised goal worth of Rs 3,170. JP Morgan additionally famous that RIL is likely one of the few giant firms in India forward with a optimistic earnings revision cycle.
Jefferies on Maruti , Jefferies says falling steel costs ought to assist Maruti Suzuki’s margins bounce again from historic lows. The brokerage agency expects earnings to greater than triple in FY22-24.
Credit score Suisse on Zee Leisure , The brokerage agency maintained an ‘Outperform’ ranking on the shares of Zee Leisure with a goal worth of Rs 300. Credit score Suisse stated lapse of IPL rights is just not a foul consequence for the media firm.