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.
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.
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.
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.
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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