SUMMARY
Jefferies has initiated a 'buy' call on SBI Card with a target of Rs 900 per share, while Nomura has maintained a 'buy' rating on RIL, with a target of Rs 2,850 per share.

SBI Card | Jefferies has initiated a 'buy' call on SBI Card with a target of Rs 900 per share. The brokerage says penetration into the SBI base and co-branded tie-ups are likley to drive the gain in market share.

Bharat Electronics Ltd (BEL) | Jefferies has maintained a 'buy' call on BEL, with a target of Rs 125 per share. It says the company has been gaining shares in expenditure on the back of indigenisation.
