HomePhotos NewsMarket NewsStocks NewsMonday's top brokerage calls: Supreme Industries, media sector and more

Monday's top brokerage calls: Supreme Industries, media sector and more

SUMMARY

Among brokerages, Jefferies is bullish on Supreme Industries while CLSA says ad revenues for media firms are at 80 percent pre-COVID level and will grow in H2. It expects Zee to lead. Here are the top brokerage calls for today:

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By CNBCTV18.com September 21, 2020, 9:02:20 AM IST (Published)

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Jefferies on Supreme Industries: The brokerage maintains a 'buy' call on the stock with a target at Rs 1,480 per share. It expects the company to report sales/profit CAGR of 10 percent/16 percent over FY20-23.

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CLSA on media Sector: The brokerage said that ad revenues are at 80 percent pre-COVID level and will grow in H2. It expects Zee to lead ad revenue at 13/15 percent YoY growth in FY22/23.

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CLSA on India capex: The brokerage believes $15 billion bullet train is set to roll; it’s likely to enter the award phase. Key beneficiaries of this project will be L&T and Tata, it added.

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