Posted on by Shloka Badkar

IndusInd Bank, Tech Mahindra and more: Friday’s top brokerage calls

brokerage calls, buy sell, buy sell rating, ril, nestle, indusind bank, tech mahindra, L&T Tech, Laurus Labs,
IndusInd Bank | HSBC has maintained a ‘buy’ rating on IndusInd Bank with a target of ₹2,020 per share. It says the lender witnessed a sharp reduction in slippage ratio in the fourth quarter, which was a key positive. 
brokerage calls, buy sell, buy sell rating, ril, nestle, indusind bank, tech mahindra, L&T Tech, Laurus Labs,
Tech Mahindra | HSBC has maintained a ‘hold’ rating on Tech Mahindra with a target of ₹1,300 per share. It says the company’s new turnaround plan looks sensible.
brokerage calls, buy sell, buy sell rating, ril, nestle, indusind bank, tech mahindra, L&T Tech, Laurus Labs,
Laurus Labs | Jefferies has maintained an ‘underperform’ rating on Laurus Labs with a target of ₹250 per share. It sys the company missed estimates yet again with another weak quarter for CDMO.
brokerage calls, buy sell, buy sell rating, ril, nestle, indusind bank, tech mahindra, L&T Tech, Laurus Labs,
L&T Tech | Morgan Stanley has amintained an ‘underweight’ rating on L&T Tech with a target of ₹4,200 per share. It says the company missed estimates in the fourth quarter.
brokerage calls, buy sell, buy sell rating, ril, nestle, indusind bank, tech mahindra, L&T Tech, Laurus Labs,
Tech Mahindra | Jefferies has maintained an ‘underperofrm’ rating on Tech Mahindra with a target of ₹1,065 per share. It says the company’s fourth quarter earnings were broadly in-line with estimates.
brokerage calls, buy sell, buy sell rating, ril, nestle, indusind bank, tech mahindra, L&T Tech, Laurus Labs,
Nestle | Morgan Stanley has maintained an ‘underweight’ rating on Nestle with a target of ₹1,990 per share. it says the company’s two new business intiatives announced are positive.