Kotak Mahindra Bank | CLSA has maintained an 'outperform' rating on Kotak Mahindra Bank with a target of Rs 2,050 per share, from its previous target of Rs 2,200 per share. It says the lender's second quarter earnings were in line with estimates and it also announced a new CEO.
ICICI Bank | Morgan Stanley has maintained an 'overweight' rating on ICICI Bank with a target of Rs 1,350 per share. It says the lender continues to deliver a strong balance sheet growth, in terms of both loans and deposits.
ICICI Bank | CLSA has maintained a 'buy' rating on ICICI Bank with a target of Rs 1,225 per share. It says the lender's growth remains strong, and there are no concerns on its unsecured loans.
Kotak Mahindra Bank | Morgan Stanley has maintained an 'equal-weight' rating on Kotak Mahindra Bank with a target of Rs 2,250 per share. It says the lender continues to deliver on asset quality, growth and profitability.
Balkrishna Industries | Morgan Stanley has maintained an 'underweight' rating on Balkrishna Industries with a target of Rs 1,928 per share. It says the company's export outlook remains challenging.
Laurus Labs | Jefferies has maintained an 'underperform' rating on Laurus Labs with a target of Rs 260 per share. It says the company missed its estimates for the fifth-consecutive quarter as it reported its earnings. It adds it missed its second quarter earnings estimates mainly due to weak revenue growth.
Paytm | Bernstein has maintained an 'outperform' rating on Paytm with a target of Rs 1,100 per share. It says the company's payment growth remains healthy.