M&M Finance, IDFC First Bank, Delhivery: Tuesday's top brokerage calls

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Mahindra and Mahindra Finance | Morgan Stanley has an 'overweight' stance on shares of Mahindra and Mahindra Finance with a target price of Rs 225. According to the brokerage, the disbursements of the company for Q2 of this fiscal year is ahead of the estimates.

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IDFC first Bank | Morgan Stanley has an 'underweight' stance on shares of IDFC first Bank with a target price of Rs 34. According to the brokerage, asset quality of the company is strong along with its overall Q2 growth in this fiscal year.

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Marico | CLSA has an 'underperform' stance on shares of Marico with a target price of Rs 540. According to the brokerage, the international business of the company is expected to sustain double-digit growth.

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Goldman Sachs | Goldman Sachs has an 'sell' call on shares of Delhivery with a target price of Rs 480. According to the brokerage, near to medium term growth is a challenge for company's express parcel and partial truck service.