1. Tata Motors: CLSA has upgraded the auto giant's rating to 'Buy' from 'Underperform' saying that the Q1 has significantly beaten estimates driven by aggressive cost reduction measures. Management continues to guide for positive FCF in Q2-Q4FY21 & FY22, added CLSA report. The target price was raised to Rs 135 from Rs 103/share.

2. State Bank of India: Analysts remained bullish on SBI post Q1FY21 earnings. Morgan Stanley and CLSA raised their target prices on the banking stock. Strong deposit growth, lower moratorium and overall robust operating performance were the reasons quoted by the brokerages. Also, current valuations stand undemanding for the investors, added the brokerages in the their respective reports.

3. Telecom Stocks: Bharti Airtel and Vodafone Idea will remain in the focus today after the telecom regulator TRAI sent further queries to the companies on their premium plans.

4. Yes Bank: According to media reports, Yes Bank has decided to sell its mutual fund business as it is looking to focus on its core banking business. The private lender has already shortlisted two buyers, and has sent the names to the SEBI, added the media reports. (File Photo: IANS)

5. Liquor Stocks: United Spirits, United Breweries, Radico Khaitan with a couple of other listed names may remain in focus today after a report indicated that states which imposed more than 50 percent COVID-cess on liquor after the resumption of retail trade post lockdown witnessed an average 59 percent decline.

6. Sun Pharma: CLSA has raised its target on the stock to Rs 660 from Rs 560 earlier saying that they expect profit contribution to rise sharply over next two years.

7. TVS Motors: On Saturday, the company reported a 10 percent decline in total sales at 2,52,744 units in July 2020. However, the government's announcement on export of domestic ventilators could support the stock today. (Stock Image)

First Published:Aug 3, 2020 8:28 AM IST