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Thursday's top brokerage calls: Finolex Cables, ICICI Bank and more
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Thursday's top brokerage calls: Finolex Cables, ICICI Bank and more
Aug 17, 2022 11:20 PM

Jefferies on Finolex Cables | Jefferies maintain a 'buy' on the shares of Finolex Cables with a revised target price of Rs 600. According to the brokerage, a key monitorable is the family tussle within the Finolex Group.

Jefferies on ICICI Bank | Jefferies maintain a 'buy' on the shares of ICICI Bank with a target price of Rs 1,100. The brokerage expect ICICI Bank to deliver 17 percent CAGR in profit over FY22-25 and return on equity of 16 percent.

Jefferies on Telecom Sector | Jefferies maintain a 'buy' on the shares of Bharti Airtel. The brokerage house remains constructive on the sector.

CLSA on IT | Infosys, TCS and HCL Tech are the preferred stock picks. Expect the downgrade cycle to pause in the near term, says the brokerage house.

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