Jefferies on JSW Steel | The brokerage sees the company's margin staying above the past years', thereby maintaining its 'buy' rating on the stock. Jefferies has raised its EPS estimates for FY22-23 by 8-12 percent to factor in better performance by subsidiaries.
Morgan Stanley on LIC Housing | The brokerage pointed out that a weak pre-provisioning operating profit driven by lower net interest income and higher expenses are key negatives. Morgan Stanley has an 'underweight' rating on the stock.
Morgan Stanley on TVS Motor | The brokerage has maintained its underweight call on the company's stock owing to the electric vehicle challenges and stretched valuations.
Jefferies on Asian Paints | The brokerage has trimmed the EPS estimate for the company by 10-15 percent and lack of visibility deserves a de-rating, the brokerage firm added. Jefferies has downgraded the stock rating to 'underperform'.