Brokerage firm Goldman Sachs initiated a ‘Buy’ stance on UltraTech Cement and KPIT Technologies. Morgan Stanley remains ‘Underweight’ on India’s largest non-agri commodity index, MCX. We have collated a list of recommendations from top brokerage firms from ETNow: Goldman Sachs on UltraTech Cement: Buy | CMP: 8,458.90 | Target: Rs 8,720Goldman Sachs has given a … Read more
Global brokerage firm Goldman Sachs maintained a buy rating on M&M, while Credit Suisse retained Underperform on . At the same time, Jefferies maintained hold on SRF and JPMorgan neutral on . We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Goldman Sachs on M&M: Buy| Target Rs … Read more
Brokerages have remained majorly positive on the cement pack, expecting companies to report decent growth in volumes, revenue and profit after tax (PAT) in the September quarter of the current fiscal year. However, the second is traditionally a soft quarter for cement producers from the demand point of view, considering the fact that monsoon hits … Read more
Global brokerage firm JPMorgan maintained its overweight rating on , while CLSA recommended outperform rating on , and BofA Securities maintained its neutral stance on . We have collated a list of recommendations from top global brokerage firms from ETNow: JPMorgan on RIL: Overweight| Target Rs 3,170 JPMorgan maintained its overweight rating on with a … Read more