homeTuesday's top brokerage calls: Gujarat Gas, Wipro, Reliance Industries and more News

Tuesday's top brokerage calls: Gujarat Gas, Wipro, Reliance Industries and more

Tuesday's top brokerage calls: Gujarat Gas, Wipro, Reliance Industries and more
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By CNBCTV18.com Dec 21, 2021 8:44:09 AM IST (Published)

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SUMMARY

Jefferies gave 'buy' call on Gujarat Gas while Morgan Stanley gave 'equal-weight' rating to Wipro. Here are top brokerage calls for today:

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Jefferies on Gujarat Gas: Jefferies gave 'buy' call on Gujarat Gas and set the target at Rs 830/share. Underlying demand seems to be robust at 8-8.5 mmscmd. The medium-term volume outlook remains intact, the brokerage said.

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Morgan Stanley on Wipro: Wipro and Edgile plan to develop together Wipro CyberTransform, said the brokerage.

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UBS on Godrej Consumer: New MD and CEO, outlined strategy for next 3-5 years. The company will focus on category development, driven by higher A&P spends, sampling and distribution, the brokerage said.

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Morgan Stanley on Godrej Consumer: Morgan Stanley gave an 'underweight' rating on the company and said that the new MD and CEO, Sudhir Sitapati highlighted a medium-term ambition of double-digit volume growth.

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Morgan Stanley on Reliance Industries: Morgan Stanley gave 'overweight' call on Reliance Industries and said that implied valuations are attractive versus global energy peers, Indian retailers and telcos.

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