Dear
Trader…
Fund
Houses Recommendations
- Jefferies on Mankind Pharma: Maintain
Buy on Company, raise target price at Rs 3000/Sh
(Positive)
- Nuvama on Hyundai Motors: Initiate Buy
on Company, target price at Rs 2600/Sh (Positive)
- Jefferies on Adani Ports: Maintain Buy
on Company, target price at Rs 1765/Sh (Positive)
- GS on Axis Bank: Maintain Buy on
Bank, target price at Rs 1555/Sh (Positive)
- Citi on HUL: Maintain Buy on
Company, target price at Rs 2750/Sh (Positive)
- Macquarie on HUL: Maintain Outperform
on Company, target price at Rs 2750/Sh (Positive)
- JP Morgan on HUL: Maintain
Overweight on Company, target price at Rs 2500/Sh
(Positive)
- Jefferies on India Strategy: Adani
Energy, Adani Ports, AWL Agri, Birla Corp, Belrise, Bharti Airtel, Finolex
Cables, IndiGo, M&M, NTPC and Sagility (Positive)
- UBS on Telecom stocks: Indian
mobile tariffs are now in line with global emerging markets (Neutral)
- Jefferies on TCS: Maintain Hold on
Company, raise target price at Rs 3480/Sh versus Rs 3400/Sh (Neutral)
- Investec on TCS: Maintain Buy on
Company, raise target price at Rs 3705/Sh versus Rs 3660/Sh (Neutral)
- HSBC on TCS: Maintain Hold on
Company, target price at Rs 3665/Sh (Neutral)
- Emkay on TCS: Maintain Add on
Company, target price at Rs 3500/Sh (Neutral)
- UBS on TCS: Maintain Buy on
Company, cut target price at Rs 3980/Sh (Neutral)
- Axis Cap on TCS: Maintain Reduce
on Company, cut target price at Rs 3550/Sh versus Rs 3590/Sh (Neutral)
- Citi on TCS: Maintain Sell on
Company, cut target price at Rs 3135/Sh versus Rs 3220/Sh (Neutral)
- B&K on TCS: Maintain Buy on
Company, cut target price at Rs 3942/Sh versus Rs 4095/Sh (Neutral)
- Nomura on TCS: Maintain Neutral on
Company, cut target price at Rs 3780/Sh versus Rs 3820/Sh (Neutral)
- DAM on TCS: Maintain Neutral on
Company, cut target price at Rs 3490/Sh versus Rs 3600/Sh (Neutral)
- MS on HUL: Maintain Equal
weight on Company, target price at Rs 2338/Sh (Neutral)
- GS on HUL: Maintain Neutral on
Company, target price at Rs 2400/Sh (Neutral)
- Investec on HUL: Maintain Hold on
Company, target price at Rs 2538/Sh (Neutral)
- UBS on Bharti Airtel: Downgrade to
Sell on Company, raise target price at Rs 1970/Sh (Neutral)
- UBS on IDFC First: Initiate Neutral
on Bank, target price at Rs 85/Sh (Neutral)
- Nomura on Glenmark: Maintain Buy on Company, target price at Rs 1500/Sh (Neutral)
Warm Regards…
Nikhil Bhatt
Business Editor
Investment Point
Contact :- 99390 80808
Join Channel :- https://whatsapp.com/channel/0029VaVkaZX8Pgs7nE7Hk33O





