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Monday's top brokerage calls: ICICI Bank, KEC International and GAIL
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Monday's top brokerage calls: ICICI Bank, KEC International and GAIL
Aug 21, 2022 11:18 PM

CLSA on ICICI Bank | CLSA maintains 'buy' on the shares of ICICI Bank with a target price of Rs 1,040. The company is doing better than HDFC Bank on PSL compliance, the brokerage house says.

Kotak Institutional Equities on GAIL | Kotak Institutional Equities maintain 'sell' on the shares of GAIL with a target price of Rs 115. Regulator has cut tariffs in three of four regional pipelines by 41-98 percent.

Kotak Institutional Equities on ICICI Bank | Kotak Institutional Equities maintain 'buy' on the shares of ICICI Bank with a target price of Rs 1,025. The brokerage house lists ICICI as one of the best-positioned banks and keep it as the top pick.

Nomura on KEC International | Noruma maintains 'buy' on the shares of KEC International with a target price of Rs 566. Expect profitability to improve in H2FY23 on lower commodity prices.

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