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Sun Pharma, IOC, ACC, SRF: Wednesday's top brokerage calls

SUMMARY

Morgan Stanley has an 'overweight' call on the shares of Sun Pharma with a target price of Rs 1,150 on its shares while Morgan Stanley has an 'overweight' call on the shares of IOC with a target price of Rs 88 on its shares.

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By Sangam Singh  Feb 1, 2023 9:08:45 AM IST (Updated)

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Sun Pharma | Morgan Stanley has an 'overweight' call on the shares of Sun Pharma with a target price of Rs 1,150 on its shares. The brokerage says that company's well diversified business is helping to manage volatility.

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IOC | Morgan Stanley has an 'overweight' call on the shares of IOC with a target price of Rs 88 on its shares. The brokerage says that company's margins is ahead of its peers.

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ACC | Morgan Stanley has an 'underweight' call on the shares of ACC with a target price of Rs 1,850 on its shares. The brokerage says that company's volumes remain weak.

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SRF | Morgan Stanley has an 'overweight' call on the shares of SRF with a target price of Rs 3,454 on its shares. The brokerage says that post results call was bullish on chemicals.

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