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Titan, SBI and more: Monday's top brokerage calls
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Titan, SBI and more: Monday's top brokerage calls
Nov 5, 2023 10:55 PM

Zomato | HSBC has maintained an 'overweight' rating on Zomato with a target of ₹140 per share. It says it is positive on the company's long-term prospects, especially quick commerce.

Titan | UBS has maintained a 'neutral' rating on Titan with a target of ₹3,465 per share. It says the company's second quarter results showed that its strong sales growth momentum continues.

Titan | Goldman Sachs has maintained a 'buy' rating on Titan with a target of ₹3,525 per share. It says the company's second quarter jewellery results were strong on all fronts. It says the company's growth momentum in the jewellery space is intact and it was a soft October because of the timing of the inauspicious period.

IndiGo | UBS has maintained a 'buy' rating on IndiGo with a target of ₹3,000 per share. It says it was a good show for the airline in a seasonally weak second quarter. The brokerage adds that the airline's available seat per kilometer (ASK) will be significantly impacted from the fourth quarter.

SBI | Investec has maintained a 'buy' rating on SBI with a target of ₹640 per share. It adds that the lender's asset quality continues to remain healthy.

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