Sizzling Shares: International brokerages on Hindustan Aeronautics, CONCOR & steel shares

New Delhi: International brokerage Morgan Stanley has shared its view on (), whereas Macquaries initiated protection on . It has additionally shared its view on choose steel shares.

We’ve collated an inventory of suggestions from prime brokerage corporations from ET NOW:


Macquarie on Container Company of India (): Underweight | Goal Value: Rs 620
The worldwide brokerage agency has initiated protection on Container Company of India (Concor) with a goal worth of Rs 620. Delayed completion of freight hall to JNPT will impression quantity development, it mentioned.

Market share loss and pricing stress would offset DFC good points within the close to time period, it added. “Disinvestment of the federal government’s stake would be the key catalyst for the corporate.”

Morgan Stanley on Hindustan Aeronautics: Obese | Goal Value: Rs 3,216

The abroad funding financial institution Morgan Stanely has maintained its chubby stance on Hindustan Aeronautics because the administration has manufacturing order visibility of Rs 1.2 lakh crore over the subsequent 3-5 years.

Development visibility is enhancing and present valuations are compelling, it mentioned. “Exports over the subsequent 12-24 months might drive inventory near bull run case, whereas the goal worth is at Rs 4,229 apiece.”

CLSA on Shopper Durables
Firms are centered on elevating capability, we see a transfer in direction of extra automation, mentioned CLSA. “On the demand aspect, premium merchandise are rising quicker than the entry degree merchandise.”

CLSA sees a transfer in direction of extra automation as aggressive depth stays elevated. It’s awaiting optimistic earnings catalysts earlier than turning extra constructive.

Macquarie on Metals
The brokerage agency stays selective amid the unstable world financial setting. International demand restoration and China opening are key, whereas home demand is regular. It prefers

, , and .

It has maintained an underperform ranking on JSW Metal however hiked its goal worth to Rs 520 from Rs 461 earlier. It maintained outperform on Tata Metal and pushed its goal worth of Rs 120 from Rs 117.

It has maintained a impartial ranking on JSPL however the goal worth has moved as much as Rs 526 from Rs 381 earlier. It has maintained an outperform ranking on each

(goal worth of Rs 253) and Hindalco, slicing its goal to Rs 517.

(Disclaimer: Suggestions, recommendations, views, and opinions given by the consultants are their very own. These don’t signify the views of Financial Instances)