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