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Wednesday's top brokerage calls: Hindustan Unilever, Avenue Supermarts, CIL and more

SUMMARY

CLSA and Credit Suisse have maintained their 'outperform' ratings on Dalmia Bharat and Coal India respectively. Here are the top brokerage calls for the day:

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By CNBCTV18.com Sept 22, 2021 9:08:36 AM IST (Updated)

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Nomura on Hindustan Unilever: The brokerages has maintained a 'buy' call on the stock with a target price of Rs 2,950. Demand in July and August was better compared to June, and the company appears to be taking the rights steps to succeed in the D2C/digital-first segments, according to Nomura.

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CLSA on Dalmia Bharat: The brokerage has retained an 'outperform' rating on the stock with a target price of Rs 2,370. The company's management has reiterated a vision of expanding capacity to 100-130 million tonnes by 2030, and near-term growth is expected in its existing areas of operation, according to CLSA.

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Goldman Sachs on Avenue Supermarts: The brokerage has maintained a 'buy' rating on the stock with a target price of Rs 4,527. Goldman has, however, removed DMart from its conviction list. The latest mobility data suggest higher footfalls at grocery stores, it added.

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