Morgan Stanley on HPCL | The brokerage firm has maintained its 'overweight' rating on HPCL. Slower exports from China should add to the upside, Morgan Stanley said. It added that fuel inventories at a multi-year low and refinery capacity rationalisation are keeping markets tight.
Credit Suisse on Titan | The brokerage has maintained its 'neutral' rating on shares of Titan and said that Q3 FY22 saw another large beat from the jewellery business.
UBS on SRF | The brokerage has forecast an earnings upgrade for SRF which is likely to be led by a strong outlook in specialty chemicals and refrigerant gas. UBS has maintained its 'buy' rating on shares of SRF.
Credit Suisse on Steel | The brokerage firm said December data showed that demand fell 15 percent YoY and further price cuts are likely. Credit Suisse sees a further downside to regional export prices.
CLSA on Godrej Consumer Products | The brokerage sees the company's earnings performance muted in Q3 as the margin is expected to be weak. Despite this, CLSA has maintained its 'outperform' rating on shares of Godrej Consumer Products.