1 / 4Morgan Stanley on PSU Bank: The brokerage upgraded Bank of Baroda to 'overweight' with a target of Rs 110. It believes BoB is best placed amongst non-SBI state-owned banks. It expects credit costs for PSU banks to moderate in FY22.
2 / 4Jefferies on Max Financial: The brokerage has a 'buy' call on the stock with a target of Rs 1,040 per share. It said that the firm posted a value of new business (VNB) growth of 44 percent YoY aided by a 36 percent rise in annualized premium equivalent (APE).
3 / 4CLSA on Max Financial: The brokerage has a 'buy' call with the target at Rs 1,350 per share. It said that the firm has outperformed its peers in FY21 on annualized premium equivalent (APE) and protection growth.
4 / 4Jefferies on Petronet LNG: The brokerage maintains a 'buy' call on the stock with the target at Rs 320 per share. It cut earnings estimates by 6-6.5 percent for the firm for FY22-23 and added that the company has gained 700 bps market share YoY.
