IGL | Jefferies has downgraded its rating on IGL to 'hold' with a target of Rs 465 per share. It says the Delhi government has submitted a policy on EV adoption, which could potentially impact 30% of IGL's overall volumes from FY25.

Voltas | UBS has maintained a 'neutral' rating on Voltas with a target of Rs 885 per share. It says the challenge the company is facing to regain lost market share and OPM is very much visible.

Astral | Morgan Stanley has maintained an 'equal weight' rating on Astral with a target of Rs 1,844 per share. It says the concall showed that its volume guidance had been revised to over 20% for this fiscal.

HUL | Jefferies has maintained a 'hold' rating on HUL with a target of Rs 2,720 per share. It says the impact of lower input cost inflation was visible in the company's second quarter results.

Nestle India | Jefferies has maintained a 'hold' rating on Nestle with a target of Rs 20,500 per share. It says the company has highlighted few of its efforts, including on launches and distribution, which should help in its growth.

ITC | Morgan Stanley has maintained an 'overweight' rating on ITC with a target of Rs 493 per share. It says the second quarter headline miss was because of its agriculture and paper space.