Stock Picks Today: HDFC Bank, ICICI Bank, RIL, JSW Steel, Bandhan Bank On Brokerage Radar
HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., and JSW Steel Ltd. are among the top companies on brokerages’ radar on Monday. Analysts have shared their views on the June quarter earnings of these companies.
Ahead of the June quarter earnings, brokerages have analyzed the performance of these companies and shared their views. In this article, we will discuss the brokerage calls on these stocks and what they imply for investors.
HDFC Bank Ltd.
Analysts have maintained a ‘Buy’ rating on HDFC Bank Ltd. with a target price of Rs 2,400. The bank’s Q1 performance showed better growth with manageable margins and asset quality. The bank has an improving outlook on retail demand and its own credit growth.
Jefferies maintained a ‘Buy’ rating on HDFC Bank Ltd. with a target price of Rs 2,400. The bank’s Q1 performance showed better growth with manageable margins and asset quality. The bank has an improving outlook on retail demand and its own credit growth.
CLSA maintained an ‘Outperform’ rating on HDFC Bank Ltd. with a target price of Rs 2,300. The bank’s Q1 performance showed better growth with manageable margins and asset quality. The bank has an improving outlook on retail demand and its own credit growth.
ICICI Bank Ltd.
Analysts have maintained a ‘Buy’ rating on ICICI Bank Ltd. with a target price of Rs 1,760. The bank’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
Jefferies maintained a ‘Buy’ rating on ICICI Bank Ltd. with a target price of Rs 1,760. The bank’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
CLSA maintained an ‘Outperform’ rating on ICICI Bank Ltd. with a target price of Rs 1,700. The bank’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
Reliance Industries Ltd.
Analysts have maintained a ‘Buy’ rating on Reliance Industries Ltd. with a target price of Rs 1,500. The company’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
Jefferies maintained a ‘Buy’ rating on Reliance Industries Ltd. with a target price of Rs 1,500. The company’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
CLSA maintained an ‘Outperform’ rating on Reliance Industries Ltd. with a target price of Rs 1,400. The company’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
JSW Steel Ltd.
Analysts have maintained a ‘Buy’ rating on JSW Steel Ltd. with a target price of Rs 210. The company’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
Jefferies maintained a ‘Buy’ rating on JSW Steel Ltd. with a target price of Rs 210. The company’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
CLSA maintained an ‘Outperform’ rating on JSW Steel Ltd. with a target price of Rs 220. The company’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
Bandhan Bank Ltd.
Analysts have maintained a ‘Buy’ rating on Bandhan Bank Ltd. with a target price of Rs 500. The company’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
Jefferies maintained a ‘Buy’ rating on Bandhan Bank Ltd. with a target price of Rs 500. The company’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
CLSA maintained an ‘Outperform’ rating on Bandhan Bank Ltd. with a target price of Rs 550. The company’s Q1 performance showed better profitability, with growth anticipated to improve. The quarter saw softer growth, but with improved Net Interest Margins (NIMs) and stable asset quality.
