zomato: Scorching Shares: World brokerages on Glenmark Life, Zomato and Hindustan Unilever

World brokerage agency BofA Securities maintained a purchase on , Jefferies retained a purchase on , and JPMorgan maintained an chubby ranking on Hindustan Unilever.

We have now collated an inventory of suggestions from high brokerage corporations from ET NOW and different sources:

BofA Securities on Glenmark Life: Purchase| Goal Rs 560

BofA Securities maintained a purchase ranking on Glenmark Life with a goal worth of Rs 560. Sustainable progress drivers are in focus.

Diversifying buyer base by way of new addition and going ahead portfolio growth is the important thing to offset worth strain, it stated.

“CDMO is the subsequent progress lever. Together with that capability, growth is more likely to assist progress,” stated the be aware.

Jefferies on Zomato: Purchase| Goal Rs 100

Jefferies maintained a purchase ranking on Zomato with a goal worth of Rs 100. Zomato has seen a latest senior administration departure. The administration should now stability the expansion & margins, stated Jefferies.

JPMorgan on Hindustan Unilever: Obese| Goal Rs 2,800

JPMorgan maintained an chubby ranking on Hindustan Unilever with a goal of Rs 2,800. The innovation focus goes premium and digital.

“The near-term outlook is of cautious optimism. Dwelling care, hair care and tea stay the star performers,” stated the be aware.

Modest margins growth to help double-digit EPS progress, it stated, including that there’s a vital concentrate on attaining best-in-class ESG metrics.

(Disclaimer: Suggestions, strategies, views and opinions given by the specialists are their very own. These don’t symbolize the views of Financial Instances)