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    Wednesday's top brokerage calls: Bharti Airtel, NBFCs and more

    Wednesday's top brokerage calls: Bharti Airtel, NBFCs and more

    Wednesday's top brokerage calls: Bharti Airtel, NBFCs and more
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    By CNBCTV18.com  IST (Published)

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    SUMMARY

    Among brokerages, CLSA and Morgan Stanley are bullish on Bharti Airtel while Nomura is positive on value NBFCs and HFCs. It has 'buy' calls on M&M Finance, HDFC, LIC Housing and Shriram Transport. Here are the top brokerage calls for today:

    1 / 4

    Morgan Staley on Bharti Airtel: The brokerage is 'overweight' on the stock with a target at Rs 680 per share. The company got approval for enhancing FPI limits for its subsidiaries, said the brokerage, adding that this could help reverse the underperformance.

    2 / 4

    CLSA on Bharti Airtel: The brokerage maintains a 'buy' call on the stock with a target at Rs 730 per share. It is CLSA's top pick in the three-player sector. CLSA added that in 2021, 35 percent growth in Airtel's data subscribers and tariff hikes will lead to continued growth.

    3 / 4

    Nomura on NBFCs: The brokerage is positive on value NBFC/HFC plays. It upgraded M&M Finance to 'buy' from 'neutral' and raised its target to Rs 230 per share from Rs 130 earlier. It also has 'buy' calls on HDFC, LIC Housing and Shriram Transport.

    4 / 4

    Goldman Sachs on SBI: The brokerage has a 'buy' rating on the stock with a target at Rs 383 per share. The company is one of the most attractive names within its coverage, added the brokerage.

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