Jefferies on Dixon: The brokerage has maintained a ‘buy’ call on the stock with a target price of Rs 5,230. The company is expected to build capabilities and widen its portfolio in the next leg of growth, according to Jefferies.
2 / 5
Credit Suisse on ITC: The brokerage has maintained an ‘outperform’ call on the stock with a target price of Rs 280. Cigarette volumes are recovering well now, and a full recovery is expected by Q3, according to Credit Suisse.
3 / 5
Morgan Stanley on Reliance Industries: The co has maintained an ‘overweight’ call on Reliance Industries with a target price of Rs 2,269. RIL is starting to reverse its YTD underperformance as its earnings upgrade cycle restarts, and every dollar rise in refining margin will add $0.5 billion to its earnings, Morgan Stanley said.
4 / 5
Morgan Stanley on Mphasis: The brokerage has an ‘overweight’ call on the stock with a target price of Rs 3,150. The Blink deal is significant in comparison to its recent acquisitions, Morgan Stanley said.
5 / 5
CLSA on Zee Entertainment: The brokerage has a ‘buy’ call on the stock with a raised target price of Rs 400. The merger with Sony is positive for Zee and the risk-reward ratio looks favourable, CLSA said.
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