Tata Motors | CLSA has maintained an 'outperform' rating on Tata Motors with a target of ₹1,133 per share. it says it expects JLR's profitability to remain strong.
Auto stocks | HSBC says exports of two-wheelers remain on a slow lane. It has a 'buy' call on Bajaj Auto with a target of ₹9,400 per share. On TVS Motor, it has maintained a 'hold' call with a target of ₹2,300 per share.
OMCs | Morgan Stanley says integrated margin are tracking above mid-cycle. It says IOC and BPCL are its preferrred picks.
Crompton Greaves Consumer Electricals | Nomura has maintained a 'neutral' rating on Crompton Greaves Consumer Electricals with a target of ₹320 per share. It says the company continues to focus on attaining long-term double-digit growth.
Uno Minda | Nomura has maintained a 'buy' rating on Uno Minda with a target of ₹820 per share. it says the the company has a strong track record of scaling up in newer segments.