SUMMARY
Brokerage Radar: Citi has upgraded its rating on Reliance Industries shares while CLSA says 'buy' L&T shares. Here are top brokerage calls for the day-
1 / 3
CLSA on Oil and Gas | ONGC and Oil India continue to remain top buys for CLSA. Indian Oil Corp and Bharat Petroleum Corp are preferred picks with ongoing strength in refining margin, the brokerage firm said.
2 / 3CLSA on L&T | Well-positioned to transition into an environment, social, governance-compliant business, the brokerage firm said while maintaining its 'buy' call on the stock.
3 / 3Citi on RIL | Citi has upgraded its rating on shares of Reliance Industries with a 'buy' rating and raised its target price to Rs 3,170 from Rs 2,750. The brokerage firm expects consensus earnings upgrades for FY23E with potential spill-over into FY24E.
