As Dalal Avenue heads into February 9, this is a take a look at what brokerages make of a few of the key shares in focus in the present day. On their radar in the present day are shares corresponding to Trent, Shree Cement, Cummins, Piramal Enterprises and Samvardhana Motherson.
Try the total record of what prime brokerages advocate in the present day:
Macqaurie on Shree Cement (CMP: 24240)
Preserve Impartial, Goal 22813
CLSA on Shree Cement (CMP: 24240)
Downgrade to Promote from Cut back, Goal minimize to 22250 from 24000
Morgan Stanley on Shree Cement (CMP: 24240)
Preserve chubby, Goal 26000
Goldman Sachs on Shree Cement (CMP: 24240)
Preserve Impartial, Goal raised to 22100 from 20792
JP Morgan on Shree Cement (CMP: 24240)
Preserve Underweight, Goal raised to 18860 from 17900
Jefferies on Shree Cement (CMP: 24240)
Preserve Maintain, Goal raised to 21850 from 21750
CLSA on Escorts Kubota (CMP: 1983)
Preserve promote, Goal raised to 1601 from 1561
JP Morgan on Escorts Kubota (CMP: 1983)
Preserve Underweight, Goal minimize to 1600 from 1620
One other quarter of earnings miss
Margins strain probably behind however path to restoration to be gradual
Tractor quantity momentum to proceed
Market share traits have to be watched
Worth escorts at a one 12 months ahead PE of 18x
CLSA on Piramal Enterprises (CMP: 844)
Preserve Cut back, Goal 900
Jefferies on Piramal Enterprises (CMP: 844)
Preserve Purchase, Goal raised to 1035 from 1000
For 3Q, core loss was Rs8.9bn, nicely under est. due
to massive provision Reported PAT greater at Rs35.4bn as a result of one-off features.
Mortgage progress was in line NIMs shocked +vely
At 0.6x FY24e BV, val cheap
Macquarie on UNO Minda (CMP: 507)
Preserve Impartial, Goal 545
Nomura on UNO Minda (CMP: 507)
Preserve Purchase, Goal raised to 730 kind 700
3Q forward; robust traction throughout segments EV order wins,
premiumization & consumer addition present excessive progress visibility
Preserve wholesome 36%/17%/15% income progress, &
EBITDA margin to increase from 11.3% in FY23F to 12.6% in FY25F
Morgan Stanley on Samvardhana Motherson (CMP: 81)
Preserve Underweight, Goal 71
CLSA on Samvardhana Motherson (CMP: 81)
Preserve Purchase, Goal raised to 98 from 89
Nomura on Cummins India (CMP: 1474)
Preserve Cut back, Goal 940
Macquarie on Cummins India (CMP: 1474)
Preserve Impartial, Goal 1210
Nomura on Honeywell Automation (CMP: 39066)
Preserve Purchase, Goal 50642
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Jefferies on Trent (CMP: 1236)
Preserve Maintain, Goal 1400
Continued to see good momentum as its flagship format,
Westside reported a 17% LFL progress.
General progress forward of est. A miss in margins at gross
& Ebitda degree Vals stay a priority
Nomura on Gujarat Pipavav (CMP: 92)
Preserve Purchase, Goal 143
Sturdy 3Q led by higher-than-est. realizations
Power in liquid vols prone to maintain with
commissioning of VLGC compliant terminal in 3QFY23
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