Investment Strategies on Stock Market

Investment strategies on Stocks

Godrej Consumer  

CLSA has outperform call with target at Rs 1650 per share stating that home insecticide offers huge potential given the low per-capita consumption. 

Lupin  

Bank of America Merrill Lynch reiterates buy call with a target of Rs 1950 per share on incremental competition in gFortamet. 

ICICI Bank  

Free Stock Future Tips Citi has a buy rating but reduced target to Rs 300 from Rs 315 per share. It says business/stock is getting closer to a turn and FY18 is likely to be better than FY17. It adds ICICI Bank’s large, better-valued asset sales could protect profitability.

Coal India  

JP Morgan is neutral on Coal India with target at Rs 330 per share. It says there are downside risks if e-auction coal prices need to recover.

Biocon  

Citi maintains buy as biosimilars progress continues to support premium multiples. It says Biocon is most leveraged play on biosimilars from India.