8 stock recommendations from top broking houses - News Summed Up

8 stock recommendations from top broking houses


Infosys went down 2 per cent, the worst performer.The broader Nifty of the National Stock Exchange (NSE) stayed at 10,391.60, a jump of 60 points, or 0.58 per cent. The brokerage noted that improving free-cash generation is the key trigger for the stock. Specialty and ex-Triad pharma ramp-up are expected to be back in focus.Global financial services company Deutsche Bank (DB) has upgraded the stock to buy with target price of Rs 1,280. Loan growth and customer acquisition are likely to be strong in coming days, it believes.Multinational investment banking company UBS is extremely upbeat on the stock. "Domestic execution will continue improving for L&T while Cummins India, BHEL and Thermax will report strong growth on weak base effect," it says.


Source: Economic Times April 09, 2018 08:48 UTC



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