homephotos Newsmarket Newsstocks NewsJubilant Food, IndusInd Bank, IDFC First Bank: Thursday's top brokerage calls

Jubilant Food, IndusInd Bank, IDFC First Bank: Thursday's top brokerage calls

SUMMARY

Morgan Stanley has an 'overweight' call on the shares of Jubilant Food with a target price of Rs 560 on its shares while Morgan Stanley has an 'overweight' call on the shares of IndusInd Bank with a target price of Rs 1,525 on its shares.

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By Sangam Singh  Feb 2, 2023 9:55:02 AM IST (Updated)

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Jubilant Food | Morgan Stanley has an 'overweight' call on the shares of Jubilant Food with a target price of Rs 560 on its shares. The brokerage says that company's Q3 earnings has missed estimates.

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IndusInd Bank | Morgan Stanley has an 'overweight' call on the shares of IndusInd Bank with a target price of Rs 1,525 on its shares. The brokerage says that company's valuation is looking attractive.

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IDFC First Bank | CLSA has an 'buy' call on the shares of IDFC First Bank with a target price of Rs 75 on its shares. The brokerage says that company's board meet on February4 to consider fund raising via preferential issue.

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Life Insurance | Jefferies said need clarity if indexation benefit will be available. It also added that it needs clarity if tax applies on proceeds or gains.

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