Thursday's top brokerage calls: ONGC, Bharti Airtel, Coal India and Siemens

SUMMARY

Jefferies believes market share shifts should keep Bharti Airtel's growth outlook strong while JP Morgan sees a large earnings upside risk for ONGC. Here are the top brokerage calls for the day:

By CNBCTV18.comNov 25, 2021 8:44:04 AM IST (Published)

JP Morgan on ONGC | The brokerage sees a large earnings upside risk for ONGC. It expects Brent crude oil to remain above $80 per barrel for the next two years.

JP Morgan on Coal India | The brokerage continues to see upside risks to consensus earnings. JP Morgan believes that Coal India will be able to push through as many volumes as it produces over the next few quarters.

Nomura on Siemens | The brokerage has maintained its 'neutral' rating on Siemens. It noted that the company's sales are strong but margin was below expectations due to higher commodity and logistics cost.

Jefferies on Telecom | The brokerage believes market share shifts should keep Bharti Airtel's growth outlook strong and has reiterated its 'buy' recommendation on the company's shares.