1 / 7CLSA on Tech Mahindra | CLSA has a Buy call on the stock as risk-reward appears attractive given an inexpensive valuation.
2 / 7JPMorgan on Tech Mahindra | JPMorgan upgraded estimates for Tech Mahindra’s revenue by 1/2%, margin by 50 bps/65 bps for FY22/23. It believes there’s a potential for upward surprises on FY22 revenue & margin.
3 / 7Citi on Tech Mahindra | Citi continues to have a Buy rating on Tech Mahindra.
4 / 7Morgan Stanley on SBI Cards & Payment Services | The brokerage maintains a Buy call on the stock but has cut the target to Rs 1,200 per share from Rs 1,300 earlier.
5 / 7CLSA on HDFC Life Insurance | CLSA maintains an Outperform rating on HDFC Life. It says valuations are not cheap, but it remains a steady compounder.
6 / 7Morgan Stanley on HDFC Life Insurance | The brokerage firm has an 'equal-weight' rating on HDFC Life. It raised VNB & EV estimates by 4% & 3% for FY22-23.
7 / 7Credit Suisse on HDFC Life Insurance | The brokerage has a Neutral call on HDFC Life with the target being lower than the CMP. It expects the pace of VNB growth to slow to 15% CAGR over FY21-23.
