homephotos Newsmarket Newsstocks News

Friday's top brokerage calls: Nestle, HCL Tech, Cyient and more

Friday's top brokerage calls: Nestle, HCL Tech, Cyient and more

Friday's top brokerage calls: Nestle, HCL Tech, Cyient and more
Profile image

By CNBCTV18.com Apr 22, 2022 8:23:59 AM IST (Published)

Follow real-time updates on Union Budget 2023Catch exclusive videos on Union Budget 2023 from CNBC-TV18
Switch to Slide Show
Slide Show

SUMMARY

Jefferies has a 'buy' call on HCL Tech, saying the IT firm's growth guidance for FY23 is the key positive from Q4 results. Brokerage Radar: Morgan Stanley says the margin pressure from inflation poses a headwind for Nestle India. It maintains its 'overweight' rating on ICICI Lombard General Insurance Company. Here are the top brokerage calls for this morning -

Morgan Stanley on ICICI Lombard, ICICI Lombard General Insurance Company, share price, stock market india
Image count1 / 5

Morgan Stanley on ICICI Lombard | The company looks to balance topline growth, market share and return on equity, according to Morgan Stanley. The brokerage has maintained its 'overweight' rating on the stock with a target price of Rs 1,700.

Morgan Stanley on Cyient, brokerage calls, brokerage radar, stock market india
Image count2 / 5

Morgan Stanley on Cyient | Select verticals are driving growth and supply-side challenges pose a risk to Cyient's guidance, according to Morgan Stanley. The brokerage has retained its 'underweight' rating on the stock.

Jefferies on Nestle India, nestle india, share price, stock market, brokerage calls, brokerage radar
Image count3 / 5

Jefferies on Nestle India | Despite price hikes, the earnings outlook for Nestle India is weak in the near term, according to Jefferies, which has maintained its 'hold' rating on the stock.

Morgan Stanley on Nestle, share price, stock market india
Image count4 / 5

Morgan Stanley on Nestle | The company witnessed weak growth in its largest category, according to Morgan Stanley. The brokerage also says the margin pressure from inflation poses headwinds.

Jefferies on HCL Technologies, HCL Tech, stock price, share price, brokerage calls, nse, bse, nifty, sensex
Image count5 / 5

Jefferies on HCL Technologies | The brokerage firm has cut EPS estimates to 6-7 percent on higher tax rates and margin guidance. HCL Technologies' growth guidance for FY23 of 12-14 percent was the key positive from Q4, the brokerage adds.

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

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng