Fund Houses Recommendations
MS on Banks: Strong balance sheets, lessening macro concerns, & improving capacity utilization set stage for a capex up-cycle in F24-F25 (Positive)
MS on ICICI Bank: Preference status on Bank, raise target price at Rs 1225/Sh (Positive)
MS on Federal Bank: Preference status on Bank, raise target price at Rs 170/Sh (Positive)
MS on State Bank: Preference status on Bank, raise target price at Rs 675/Sh (Positive)
MS on Bank Baroda: Preference status on Bank, raise target price at Rs 170/Sh (Positive)
MS on Canara Bank: Preference status on Bank, raise target price at Rs 250/Sh (Positive)
MS on AU Bank: Maintain stance on Bank, raise target price at Rs 875/Sh (Positive)
MS on Indusind Bank: Maintain stance on Bank, raise target price at Rs 1400/Sh (Positive)
MS on Defence: Local defence manufacturing theme is as powerful as the production linked incentive schemes (Positive)
MS on HAL: Maintain Overweight on company, raise target price at Rs 3024/Sh (Positive)
Morgan Stanley on India's Capex: India's coming capex cycle implies we are in the midst of a strong earnings cycle (Positive)
Citi on Star Health:: Initiate Sell on Company, target price at Rs 670/Sh (Neutral)