1 / 6Citi on L&T | The brokerage has retained a 'buy' rating on L&T with a target price of Rs 2,460. The company's Q3 performance was in line with estimates and it has strong order inflow prospects for Q4, according to Citi. The brokerage said the L&T stock is attractively priced and remains its top pick.
2 / 6Morgan Stanley on Marico | The brokerage has maintained an 'overweight' call on Marico but reduced its target price to Rs 651 from Rs 670. The company's Q3 results were a tad ahead of estimates but marginally below consensus, according to Morgan Stanley.
3 / 6Jefferies on Laurus Labs | The brokerage has continued with its 'buy' rating on the stock with a target price of Rs 625. The company missed Q3 earnings estimates due to a temporary slowdown in the ARV business, according to Jefferies.
4 / 6Macquarie on Britannia | The brokerage has retained its 'neutral' call on Britannia with a target price of Rs 4,000. The FMCG company's Q3 EBITDA was below estimates and gross margin were impacted despite price hike.
5 / 6Goldman Sachs on IndusInd Bank | The brokerage maintained its 'buy' call on the stock with a target price of Rs 1,405. The lender's core operational performance marginally missed estimates with higher-than-expected provisions leading to a miss on the profit front, according to Goldman Sachs.
6 / 6CLSA on Reliance Industries | The brokerage has upgraded Reliance Industries to 'buy' and raised its target price to Rs 2,955 from Rs 2,850. The company is now within 15 percent of the brokerage's conservative value after a sharp fall.
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