Axis Bank, Tech Mahindra & more: Top stocks on brokers' radar today
Brokerage firms offer varied outlooks on Indian companies. Morgan Stanley remains positive on Axis Bank despite muted earnings, while Jefferies highlights SBI Life's strong new business growth. Goldman Sachs sees improvement for SBI Cards, but Citigroup is cautious on Tech Mahindra due to high expectations. HSBC suggests reducing Rallis India due to missed estimates and pricing pressures.
Brokerage firms offer varied outlooks on Indian companies. Morgan Stanley remains positive on Axis Bank despite muted earnings, while Jefferies highlights SBI Life's strong new business growth. Goldman Sachs sees improvement for SBI Cards, but Citigroup is cautious on Tech Mahindra due to high expectations. HSBC suggests reducing Rallis India due to missed estimates and pricing pressures.
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