Hot stocks: Brokerage view on Axis Bank, Manappuram Finance, Havells India and Wipro
Axis Bank, while Morgan Stanley has downgraded Manapurram Finance to equal-weight. Jefferies has maintained a hold call on Havells and Macquarie has an outperform rating on Wipro.
We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-114334171»> Nomura on Axis Bank: Buy| Target price: Rs 1,380
Nomura has maintained a Buy rating on Axis Bank and hiked the target price to Rs 1,380 vs Rs 1,370.
Axis Bank reported a steady quarter amid muted expectations. Loan/deposit growth was soft QoQ but in-line while the write-offs were higher with lower net slippages aided GNPLs.
Morgan Stanley on Manappuram Finance: Equal-weight| Target price: Rs 170
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