homephotos Newsmarket NewsLarsen & Toubro, Jubilant FoodWorks, Federal Bank: Monday's top brokerage calls

Larsen & Toubro, Jubilant FoodWorks, Federal Bank: Monday's top brokerage calls

SUMMARY

Morgan Stanley has an 'overweight' call on the shares of Federal Bank with a target price of Rs 165 whereas Nomura has an 'buy' call on the shares of Larsen & Toubro with a target price of Rs 2,065.

Profile image

By Sangam Singh  Oct 17, 2022 8:36:29 AM IST (Published)

Listen to the Article(6 Minutes)
1 Min Read
CNBCTV18
Image count1 / 4

Larsen & Toubro | Nomura has a 'buy' call on the shares of Larsen & Toubro with a target price of Rs 2,065. The brokerage says that the profitability of the company is affected by the higher interest rate costs.

CNBCTV18
Image count2 / 4

ICICI Prudential | Credit Suisse has an 'underperform' call on the shares of ICICI Prudential with a target price of Rs 430. The brokerage says that the second quarter profitability of the company is under pressure despite slow growth.

CNBCTV18
Image count3 / 4

Jubilant FoodWorks | CLSA has a 'sell' call on the shares of Jubilant FoodWorks with a target price of Rs 550. The brokerage says it will be difficult for the company to protect its market share and margin.

CNBCTV18
Image count4 / 4

Federal Bank | Morgan Stanley has an 'overweight' call on the shares of Federal Bank with a target price of Rs 165. The brokerage says that the second quarter profit of the company has increased over 50 percent year-on-year (YoY) with core pre-provision operating Profit growth of 40 percent YoY.

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
arrow down

Most Read

Share Market Live

View All
Top GainersTop Losers
CurrencyCommodities
CurrencyPriceChange%Change