1 / 7CLSA on Hero Moto: The brokerage maintained a 'buy' rating on the stock with the target raised to Rs 2,700 from Rs 2,400 earlier. It added that near term demand is uncertain but it is enthused by its share dominance.
2 / 7Jefferies on Hero Moto: The brokerage retained 'buy' call on the stock and raised target to Rs 2,725 per share from Rs 2,550. The brokerage expects the company's volumes to decline for a second consecutive year in FY21.
3 / 7Jefferies on Shriram Transport: The brokerage has an 'underperform' call on the stock with a target at Rs 500 per share. As per Jefferies, demand will stay weak in FY21.
4 / 7CLSA on IT Services: Margin defence will be the critical differentiator in the near term, as per the brokerage. It prefers Infosys and HCL Tech in this space.
5 / 7Jefferies on Adani Ports: The brokerage has a 'buy' call on the stock with a target at Rs 315 per share. The company should see re-rating if it delivers on generating free cash flow.
6 / 7Jefferies on MGL: The brokerage maintained a 'buy' rating on the stock and raised the target to Rs 1,390 per share from Rs 1,290 earlier. It added that Q4 volumes fell 9 percent QoQ but gross margin expanded sharply.
7 / 7Nomura on BHEL: The brokerage maintained 'reduce' call on the stock with the target cut to Rs 26 per share. EBITDA will likely be under significant pressure in FY21, it added.
