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Shriram Finance, Asian Paints and more: Friday's top brokerage calls
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Shriram Finance, Asian Paints and more: Friday's top brokerage calls
Oct 27, 2023 12:03 AM

Shriram Finance | CLSA has maintained an 'outperform' rating on Shriram Finance with a target of Rs 2,050. It says the higher-than-expected credit cost, but net slippages in-line.

Asian Paints | HSBC has maintained a 'buy' rating on Asian Paints with a target of Rs 4,000 per share. It says the company's second quarter results trailed expectations.

Asian Paints | Jefferies has maintained an 'underperform' rating on Asian Paints with a target of Rs 2,500 per share. It says the second quarter was a miss because of a delayed festive season along with erratic monsoon.

Asian Paints | Morgan Stanley has maintained an 'underweight' rating on Asian Paints with a target of Rs 2,702 per share. It says the company posted a seasonally weak quarter.

PNB | CLSA has maintained an 'outperform' rating on PNB with a target of Rs 80 per share. It says the lender has reported continued improvement in asset quality.

Canara Bank | Morgan Stanley has maintained an 'underweight' rating on Canara Bank with a target of Rs 315 per share. It says the lender's asset quality trends improved.

Colgate-Palmolive India | Nomura has maintained a 'neutral' rating on Colgate-Palmolive with a target of Rs 2,150 per share. It says the company's royalty (4.9% of sales) is up for renewal in July 2024.

Colgate Palmolive India | CLSA has maintained a 'sell' rating on Colgate with a target of ₹1,932 per share. It says the company's second quarter is slightly beat across metrics, but decelerating top line.

Colgate-Palmolive India | Jefferies has maintained a 'buy' rating on Colgate with a target of ₹2,320 per share. It says the company's second quarter was in line with trends witnessed by its peers.

Dixon Tech | CLSA has maintained an 'outperform' rating on Dixon Tech with a target of ₹5,675 per share. It says the the company's second quarter was above estimates and its growth levers are intact.

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