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We have now collated an inventory of suggestions from prime brokerage corporations from ETNow and different sources:
Macquarie on Tech Mahindra: Outperform | Goal Rs 1230
Macquarie maintained an outperform ranking on Tech Mahindra with a goal value of Rs 1230.
One other brokerage agency BofA maintained a purchase name on Tech Mahindra with a goal of Rs 1180. Deal closures want watching within the forthcoming quarters, the brokerage stated.
Margins had been largely in-line in Q2. Working leverage stays key for an uptick in H2, it added.
Morgan Stanley on Solar Pharma: Obese | Goal Rs 1150
Morgan Stanley maintained an chubby ranking on Solar Pharma with a goal value of Rs 1150. It reported a powerful Q2FY23, the brokerage stated.
BofA on Nykaa: Purchase| Goal Rs 1555
BofA upgraded Nykaa to purchase with a goal value of Rs 1555. The corporate is properly positioned to maintain income development and margin enchancment, BofA stated.
The corporate reported a powerful EBITDA beat. The inventory has underperformed lately, however the firm has stable fundamentals, and best-in-class execution, the brokerage added.
(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t symbolize the views of Financial Instances)
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