Brokerage Radar: HCL Tech's Q3 luggage 'hold' calls, Jefferies upgrades BSE, Morgan Stanley overweight on MGL
take a look at out the today's brokerage calls and analyst comments at the shares in motion today. Our insurance includes HCL technologies, United Spirits, BSE and extra.
CLSA On HCLTech
hold name, target At `1,882/Sh
pronounced In-line Q3 With A mild Revision In Its CC revenue increase steering For FY25
management Is Seeing improved call for Momentum throughout Smaller offers
Unchanged Mid-point FY25 organic boom steerage was slightly Disappointing Amid demand development
Nomura On HCLTech
buy call, target At `2,000/Sh
Co posted A mixed Bag In Q3, sales below Consensus Estimate
Lifts bottom-give up Of FY25 sales increase guidance due to HPE's CTE Acquisition
Deal Pipeline At report excessive, Deal period lowering
GenAI To force call for In Legacy Tech Modernisation, information And Cloud
Jefferies On HCLTech
hold name, target At `2,060/Sh
Q3 Beat Estimates because of better Margin while sales boom missed Estimates barely
Mgmt remark became Upbeat On TCV To revenue Conversions & Discretionary IT Spends
Revised increase guidance Of 4.5-5% For FY25 points To A weak q4 go out
reduce revenue/EPS Estimates with the aid of 1-2%
Worsening YoY CC revenue growth Trajectory & wealthy Valuations hold Us On Sidelines
MS On HCLTech
equal-Weight call, goal At `1,970/Sh
Q3 offerings business In Line
decrease-than-expected revenue steerage Offset via superb management statement
EBIT Margin Beat 19.2% Est, services EBIT Margin become At 17.five% Vs 17.three% Est
EBIT Margin steering Is Unchanged At 18-19%
Macquarie On United Spirits
Underperform call, goal At `1,a hundred seventy five/Sh
Hina Nagarajan Resigns; praveen Someshwar To Be New CEO
praveen Someshwar Has Been CEO Of HT media For remaining 5 Years & He Led multiple stores
prior to HT media, praveen Someshwar Had A 24-yr profession With PepsiCo
smooth Transition is prime to watch Out For
Jefferies On BSE
upgrade To hold, target At `five,250/Sh
SEBI's New F&O Measures Impacted alternative Volumes by means of 70%
premiums Are Down by way of <10% In Jan MTD Vs Est As Traders Move To Larger Avg Ticket Size
Exchanges Gain With Stable Topline & Large Margin Expansion On Back Of Improved Premium Quality
Discount Broking Volumes Can See >forty% Hit & Will want large charge Hikes
MS On MGL
provoke obese call, target At `1,606/Sh
Mumbai Is An Ever increasing metropolis With rising tour & power desires.
herbal gasoline Is Mumbai's gasoline destiny & Co Is Facilitating Its Adoption
it's miles each MGL & Mumbai's 'Tesla-Like second' For gas Adoption
count on global gas market to remain Balanced In 2025 & Oversupplied by 2027
MGL Has fifth Of Its fuel Sourcing related To LNG
Margin may be lower but extent increase might be Structurally better, Key To Re-score
HSBC On Biocon
upgrade to buy, target Raised To `430/Sh From `290/Sh
Co is ready For Operational Turnaround Led through Key Biosimilars Launches & recuperation In Generics sales
See more than one Triggers To assist profits increase in advance
US FDA Clearance Of malaysia Plant eliminated GMP Overhang
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