Friday's top brokerage calls: Housing, Pharma, Insurance companies, and more

SUMMARY

Among brokerages, Jefferies believes housing affordability is at the best in the last 20 years and huge pent-up demand exists. Here are the top brokerage calls for today.

By CNBCTV18.comFeb 19, 2021 8:25:07 AM IST (Published)

Jefferies on Housing | Housing affordability is at the best in last 20 years and huge pent-up demand exists, says Jefferies. It likes Godrej Properties, HDFC, Kajaria Ceramics, ACC, L&T & Supreme Industries.

CLSA on Cement | CLSA expects 10-12 percent YoY cement industry demand increase in FY22.

CLSA on Insurance | CLSA maintains Buy call on SBI Life and Max Financial Services in the insurance sector.

CLSA on Pharma | CLSA likes Sun Pharma, Cadila & Cipla and has a negative stance on Lupin & Biocon in the pharma space.

CLSA on Capex | CLSA believes book-to-bill of 3.1x supports visibility for capex cycle till FY23. It is positive on L&T, NCC, Sadbhav Engineering and J Kumar Infra.