UBS on Infosys: The brokerage maintains a 'neutral' call on the stock with a target at Rs 1,450 per share. Infosys confident of double-digit revenue growth in FY22, UBS said. It expects revenue guidance of 11-13 percent or 12-14 percent YoY in constant currency terms for the IT major.
CLSA on Prestige Estates: The brokerage maintains a 'buy' call on the stock and raised the target to Rs 360 per share from Rs 340 earlier. CLSA. however, cut FY21-23 earnings estimates for the company due to a decline in rental income.
CLSA on Oil and Gas: After healthy demand for gas in January 2021, CLSA believes volume & margin will be strong for city gas distribution companies. Retail volumes will continue for IGL and MGL, it added.