Hot Stocks: Brokerage view on Grasim, Bajaj Finance, MCX and Hindustan Zinc

Brokerage company Morgan Stanley preserved an obese ranking on Grasim Industries, Jefferies has a buy score on Bajaj Finance and Morgan Stanley kept its underweight ranking on MCX. We have actually looked at a list of suggestions from leading brokerage companies from ETNow and other sources: Morgan Stanley on Grasim Industries: Overweight|Target Rs 1910 Morgan Stanley preserved an obese ranking on Grasim Industries with a target cost of Rs 1910. “The fundraising statement by AB Capital was unforeseen,” it stated. The worldwide financial investment bank does not see any product effect offered its balance sheet strength. “We wait for the business’s FY24 capex/capital allotment strategy and information around future financing sources,” it stated. Grasim still prepares to invest Rs 7,500 cr in its paints company. Jefferies on Bajaj Finance: Buy|Target Rs 8310 Jefferies kept a buy ranking on Bajaj Finance with a target cost of Rs 8310. According to Jefferies, Rajeev Jain (CEO) made a rejuvenating discussion at the India online forum. “Bajaj Finance drives over half of the customer loans in India. The brand-new loan verticals are being constructed with a 10-year view,” it stated. “The brand-new loan verticals are well balanced in between secured/unsecured and profit/scale. Digital platforms intend to raise engagement,” it included. Morgan Stanley on MCX: Underweight|Target Rs 1125 Morgan Stan
Learn more