Q3 Earnings: PL overweight on banks, underweight on metals; lists Astral, Safari among high conviction picks
Max Healthcare Institute, Tata Motors, Hindalco Industries, HDFC AMC, L&T Technology Services. However, it has removed Ashok Leyland / HDFC Life Insurance from the model portfolio and the maximum weight cut has been in Avenue Supermarts, Hindustan Unilever and TCS.
High conviction picks: The brokerage has added Astral, Jupiter Health, Safari, and Triveni Turbine in high conviction picks. Read here: Q3 Result: Bajaj, Hero other 2W & PV to lead earnings growth for auto producers Top large-cap picks: ABB India, Avenue Supermarts, HDFC Bank, Hindalco Industries, ICICI Bank, Maruti Suzuki, Max Healthcare Institute, Reliance Industries, and Siemens.
Top mid and small-cap picks: Astral Ltd, Can Fin Homes, Eris Lifesciences, Jupiter Life Line Hospitals, Navneet Education, R R Kabel, Safari Industries (India), Sunteck Realty, and Triveni Turbine. Contra BUY: Restaurant Brands Asia.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decision.Milestone Alert!
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