ICICI BANK: Morgan Stanley has equal-weight rating with target increased by 4 percent to Rs 266 per share on given higher life insurance valuations
BAJAJ AUTO: Morgan Stanley has underweight rating with target at Rs 2374 per share as it is facing long-term challenges across all three key businesses. It sees 19 percent H2FY17 growth for domestic motorcycles on a low base.
ICICI PRUDENTIAL LIFE INSURANCE: Morgan Stanley has initiated coverage with overweight rating and target at Rs 365 per share. It says the stock will see a multi-year improvement in profitability
SBI: Morgan Stanley has underweight rating on the stock with target at Rs 200 per share stating that credit costs may decline but revenue likely to stay lower for longer. It estimates return on equity (ROE) at 5.9 percent in FY17 and 6.4 percent in FY18 versus 7.7 percent in FY16.
COAL INDIA: Nomura has buy rating on the stock with target unchanged at Rs 345 per share
Read more at: http://www.moneycontrol.com
Read more at: http://www.moneycontrol.com