Gujarat Gas | Morgan Stanley has maintained an 'overweight' rating on Gujarat Gas with a target of Rs 564 per share. It says the company's significant focus is on volume growth.

LIC | Macquarie has maintained an 'overperform' rating on LIC with a target of Rs 850 per share. It says that going forward, the management's focus will remain on realigning new agency force.

Cummins | CS has maintained an 'outperform' rating on Cummins with a target of Rs 1,875 per share, from the previous target of Rs 1,825 per share. It says its quarterly results were tad below expectations given the strong performance in previous quarters.

Page Industries | Morgan Stanley has maintained an 'overweight' rating on Page Industries with a target of Rs 43,068 per share. It says its margin recovery should lead revenue growth.

Phoenix Mills | CLSA has maintained a 'buy' rating on Phoenix Mills with a target of Rs 1,703 per share. It says the company reposted strong growth in same-store consumption.