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Ultratech, Bandhan Bank, KPIT Technologies: Thursday's top brokerage calls

Ultratech, Bandhan Bank, KPIT Technologies: Thursday's top brokerage calls

Ultratech, Bandhan Bank, KPIT Technologies: Thursday's top brokerage calls
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By Sangam Singh  Dec 22, 2022 9:20:56 AM IST (Published)

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SUMMARY

Jefferies has a 'buy' call on the shares of Bandhan Bank with a target price of Rs 345 on its shares while Goldman Sachs has a 'buy' call on the shares of KPIT Technologies with a target price of Rs 930 on its shares.

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Bandhan Bank | Jefferies has a 'buy' call on the shares of Bandhan Bank with a target price of Rs 340 on its shares. The brokerage house says that company's asset quality outlook has improved.

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Ultratech | DAM Capital has a 'buy' call on the shares of Ultratech with a target price of Rs 8,200 on its shares. The brokerage house says that company's valuations are attractive given strengthening market share and robust balancesheet.

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KPIT Technologies | Goldman Sachs has a 'buy' call on the shares of KPIT Technologies with a target price of Rs 930 on its shares. The brokerage house says that company's lateral hiring efforts are focused on senior architect level.

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Pharmaceuticals companies | Nomura says that data suggests strong demand for Tamiflu, respiratory and anti-bacterial drugs. As per the brokerage, Lupin is likely to benefit most from higher demand.

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