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    Thursday's top brokerage calls: Finolex Cables, ICICI Bank and more

    Thursday's top brokerage calls: Finolex Cables, ICICI Bank and more

    Thursday's top brokerage calls: Finolex Cables, ICICI Bank and more
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    By CNBCTV18.com  IST (Published)

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    SUMMARY

    Jefferies maintain a 'buy' on the shares of Finolex Cables with a revised target price of Rs 600 while Infosys, TCS and HCL Tech are CLSA's preferred stock picks in the IT sector. Here are the top brokerage calls for the day -

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    Jefferies on Finolex Cables | Jefferies maintain a 'buy' on the shares of Finolex Cables with a revised target price of Rs 600. According to the brokerage, a key monitorable is the family tussle within the Finolex Group.

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    Jefferies on ICICI Bank | Jefferies maintain a 'buy' on the shares of ICICI Bank with a target price of Rs 1,100. The brokerage expect ICICI Bank to deliver 17 percent CAGR in profit over FY22-25 and return on equity of 16 percent.

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    Jefferies on Telecom Sector | Jefferies maintain a 'buy' on the shares of Bharti Airtel. The brokerage house remains constructive on the sector.

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    CLSA on IT | Infosys, TCS and HCL Tech are the preferred stock picks. Expect the downgrade cycle to pause in the near term, says the brokerage house.

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