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Thursday's top brokerage calls: MindTree, Havells and Hindustan Zinc
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Thursday's top brokerage calls: MindTree, Havells and Hindustan Zinc
Jul 13, 2022 11:08 PM

Nomura on Mindtree | Nomura maintains 'equal-weight' on the shares of Mindtree with a target price of Rs 2,910. Q1 results deliver a beat on all parameters says Nomura, and raises FY23-24 EPS estimates by 2-3 percent.

Jefferies on Mindtree | Jefferies maintain 'underperform' on the shares of Mindtree with a target price of Rs 2,490. Raises estimates by up to 5 percent and remain wary of company's exposure to short-cycle deals.

Jefferies on Havells | Jefferies maintain a 'hold' on the shares of Havells with a target price of Rs 1,330. Jefferies say that demand softening in H2 on onset of rains and inflationary pressures.

Citi on Hindustan Zinc | Citi maintains a 'neutral' rating on the shares of Hindustan Zinc with a target price of Rs 255. Citi notes that the stock maybe range-bound and have limited cost support for zinc LME.

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