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Tuesday's top brokerage calls: Godrej Properties, infra companies and more
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Tuesday's top brokerage calls: Godrej Properties, infra companies and more
May 11, 2020 11:13 PM

Tuesday's top brokerage calls: Godrej Properties, infra companies and more

SUMMARY

Among brokerage calls today, Jefferies and CLSA are bullish on Godrej properties, while CLSA likes L&T, NCC in the infra space. Here are the top brokerage calls for today:

By CNBCTV18.comMay 12, 2020 8:13:24 AM IST (Published)

Jefferies on Godrej Properties: The brokerage maintains a 'buy' call on the stock and raised its target to Rs 954 per share from Rs 945 earlier. It believes the company has a strong project pipeline, low gearing, and strong execution track-record and is set for market share gains.

CLSA on Godrej Properties: The brokerage maintains 'buy' call on the stock with a target at Rs 870 per share. The brokerage is positive on the stock due to the ability to thrive during crisis and slowdown.

CLSA on Buiding Materials: In building material space, CLSA likes companies with strong brand equity and has the ability to take market share.

CLSA on Infra Companies: The brokerage likes L&T, J Kumar Infra, Sadbhav Engineering, NCC, and IRB in this space.

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