• SENSEX
    NIFTY 50
Market

Monday's biggest brokerage calls: Cadila Healthcare, L&T and more

Updated : 2020-03-23 08:39:15

The Indian markets are set to open lower on Monday, following Asian peers, as sell-off by investors as the coronavirus outbreak continues to spread rapidly across the world. Meanwhile, among brokerages, CLSA and Morgan Stanley are bullish on Cadila Healthcare, whereas Credit Suisse remains neutral on L&T. Here are the top brokerage calls for today:

 Credit Suisse on L&T:  The brokerage is neutral on the stock with a target at Rs 1,325 per share. It added that a rebound is likely but it may not outperform meaningfully.
Credit Suisse on L&T: The brokerage is neutral on the stock with a target at Rs 1,325 per share. It added that a rebound is likely but it may not outperform meaningfully.
 Morgan Stanley on Cadila Healthcare:  The brokerage is overweight on the stock with a target at Rs 304 per share. It added that Q1 sales may be impaired because medical reps are not working in the field.
Morgan Stanley on Cadila Healthcare: The brokerage is overweight on the stock with a target at Rs 304 per share. It added that Q1 sales may be impaired because medical reps are not working in the field.
 CLSA on Cadila:  The brokerage has a buy rating on the stock with a target at Rs 330 per share. Hydroxychloroquine could be a huge near-term opportunity for the company, it added.
CLSA on Cadila: The brokerage has a buy rating on the stock with a target at Rs 330 per share. Hydroxychloroquine could be a huge near-term opportunity for the company, it added.
 Jefferies on NTPC:  The brokerage has a buy call on the stock with a target at Rs 160 per share. It is positive as efficiency, capacity additions, and coal mining can surprise.
Jefferies on NTPC: The brokerage has a buy call on the stock with a target at Rs 160 per share. It is positive as efficiency, capacity additions, and coal mining can surprise.
 CLSA on Realt y: Global deceleration may dent office demand, residential likely to weaken, noted the brokerage. It prefers stocks with a strong mix of annuity business. Top picks include DLF, Prestige Estates, and Phoenix Mills.
CLSA on Realty: Global deceleration may dent office demand, residential likely to weaken, noted the brokerage. It prefers stocks with a strong mix of annuity business. Top picks include DLF, Prestige Estates, and Phoenix Mills.
 Kotak Market Strategy:  According to the brokerage almost all stocks offer large value at current levels and hence stocks that offer a better reward-risk balance should be added at current levels it said.
Kotak Market Strategy: According to the brokerage almost all stocks offer large value at current levels and hence stocks that offer a better reward-risk balance should be added at current levels it said.
Live TV
Advertisement