1 / 5Jefferies on Asian Paints | The brokerage firm noted that while brand and distribution are barriers, the oligopoly structure of the company might be at risk with Grasim planning to invest in the sector.
2 / 5Morgan Stanley on Bank of India | The brokerage firm maintained 'underweight' for the public sector bank with a target of 49. It noted that the company's capital and asset quality are healthy.
3 / 5CLSA on Tata Motors | The investment group maintained 'outperform' for the automotive manufacturing company with a target of 480. The group noted that the high demand and lower incentives with lead to prices remaining strong.
4 / 5CLSA on Aditya Birla Fashion and Retail | The earning estimates for the fashion retail company were lowered by 5-25 percent over FY23-25. CLSA upgraded to 'buy' from 'outperform' for the company.
5 / 5JPMorgan on Steel Authority of India Limited | The brokerage firm noted that the valuations of the company offer attractive risk rewards. The strong cash flow generation will lower the debts sharply.
