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Wednesday's top brokerage calls: IndusInd Bank, Vodafone Idea and more

Wednesday's top brokerage calls: IndusInd Bank, Vodafone Idea and more

Wednesday's top brokerage calls: IndusInd Bank, Vodafone Idea and more
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By CNBC-TV18 Sept 16, 2020 9:20:10 AM IST (Published)

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SUMMARY

Among brokerages, CLSA has maintained a 'Buy' rating on IndusInd Bank and retained 'Underperform' call on Vodafone Idea. Here are the top calls for today:

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CLSA on IndusInd Bank | CLSA maintains a 'Buy' call on IndusInd Bank as it believes that the company is ticking all the right boxes for stability with capital raising and deposit stability.

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2 / 5

CLSA on Vodafone Idea | The brokerage said that even after fundraising, the cash flow situation for the company will be tight.

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Morgan Stanley on Apollo Hospitals | Morgan Stanley expects growth to resume in FY22. It maintains an 'Overweight' rating with a target price of Rs 1,899 per share.

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CLSA on Power Utilities | Citi has a 'Buy' call on Tata Power, JSW Energy, CESC, NTPC, Power Grid and a 'Sell' call on Adani Transmission.

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Citi on Cement | Citi notes that India's cement sector's dynamics are still favourable and that favourable demand trends and prices will leave earnings relatively resilient.

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