SUMMARY
Jefferies maintain a 'hold' on the shares of Avenue Supermart with a target price of Rs 3,900, while JPMorgan maintains 'underweight' on the shares of TCS with a target price of Rs 2,800. Here are the top brokerage calls for the day.
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Jefferies on Avenue Supermart | Jefferies maintains a 'hold' on the shares of Avenue Supermart with a target price of Rs 3,900. The brokerage house noted a Q1 EBITDA beat on better gross margin.
2 / 4MS on Avenue Supermart | Morgan Stanley maintains an 'overweight' on the shares of Avenue Supermart with a target price of Rs 4,322. The brokerage house says that the demand outlook is improving, as normalcy sets in.
3 / 4Credit Suisse on Tata Consultancy Services | Credit Suisse downgraded the rating on the shares of TCS to 'neutral' with a revised target of Rs 3,275. The brokerage firm said that Q1 revenue in-line with miss on margin.
4 / 4JPMorgan on Tata Consultancy Services | JPMorgan maintains an 'underweight' on the shares of TCS with a target price of Rs 2,800. The brokerage house says that revenue headwinds in H2 is expected as macro concerns materialise.
