Brokerage Radar: According to Goldman Sachs, ACC's volume and EBITDA growth will likely lag peers, while CLSA believes Tata Power's valuations are expensive at current levels. Here are the top brokerage calls for the day:
Goldman Sachs on ACC | The brokerage firm prefers Ambuja Cements given its exposure to more concentrated markets of West and North. According to Goldman Sachs, ACC's volume and EBITDA growth will likely lag peers.
CLSA on Tata Power | Tata Power's valuations are expensive at current levels, said CLSA while maintaining its 'sell' recommendation on the stock.
Goldman Sachs on Nykaa | Improvement in margin profile is a positive, the brokerage said retaining its 'buy' call on the cosmetic product company.
Morgan Stanley on Indiabulls Housing | Revenue growth and profitability will take longer to show substantial improvement for Indiabulls Housing, said Morgan Stanley. The brokerage firm has an 'underperform' rating on the stock.