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Sbi Card, Larsen And Toubro, Va Tech Wabag: Top Brokerage Calls Monday | Rare Techy

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Morgan Stanley has an ‘outperform’ call on its shares with a target price of Rs 1,100 on SBI Card, while CITI has an ‘outperform’ call on its shares with a target price of Rs 2,465 on Larsen and Toubro.

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SBI Card | Morgan Stanley has an ‘outperform’ call on its shares on SBI Card with a target price of Rs 1,100. The brokerage house says that monthly expenses for the industry have increased by 5.5 percent month-on-month and by 28 percent year-on-year.

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Larsen and Toubro CITI has an ‘outperform’ call on Larsen and Toubro with a target price of Rs 2,465 on its shares. The brokerage house says the company is well positioned to capitalize on growth in India as well as West Asia.

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VA Tech Wabag | Nomura has a ‘buy’ call on its shares on VA Tech Wabag with a target price of Rs 480. The brokerage house says securing ADB’s positive long-term working capital is important.

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Oil Marketing Companies | JPMorgan has a ‘buy’ call on its shares on HPCL with a target price of Rs 285 and a ‘neutral’ call on GAIL with a target price of Rs 105. The broker says that oil prices are expected to stabilize with some downside risks. that policy support has been positive for Oil Marketing Companies (OMCs).



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