homephotos Newsmarket NewsEicher Motors, Fortis Health, Asian Paints, Apollo Tyres and more: Monday's top brokerage calls

Eicher Motors, Fortis Health, Asian Paints, Apollo Tyres and more: Monday's top brokerage calls

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Top brokerage calls today: CLSA suggests buying Eicher Motors, JPMorgan is overweight on Fortis Healthcare, Nomura has downgraded SBI Cards to reduce, check out all stocks on analysts radar

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By CNBCTV18.com Jun 26, 2023 8:28:07 AM IST (Published)

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CLSA gives buy rating on Eicher Motors, says pricing of new competitor models and distribution expansion is key

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JPMorgan gives overweight rating on Fortis Healthcare, says management guided to an expansion in hospital segment EBITDA margin to 20 percent

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Macquarie gives outperform rating on Asian Paints, says bullish outlook, focus on distribution expansion/capacity additions to fortify leadership

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MS gives overweight rating on UPL, says company to create a separate pure-play platform with greater operational flexibility

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'Compare and contrast different internet businesses by growth, profitability, valuation,' says MS on Internet Themes

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Nomura downgrades SBI Cards to reduce rating, cuts target, says credit card industry growth moderating, company continues to lose market share

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Nomura gives neutral rating on Apollo Tyres, says management reiterated FY26 target with revenue of $5 bn, margin >15% & RoCE of 12-15 percent

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Citi gives buy rating on Apollo Tyres, says management expects mid to high single-digit volume and revenue growth in FY24

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