Top Brokerage Houses Issue Powerful Reports on 17 Shares, Anticipate Stock Price Shifts
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Brokerage Giants Unveil Reports on 17+ Stocks: Key Calls on Shriram Finance, Infosys, Reliance
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CNBC Awaaz•06-03-2026, 08:07
Brokerage Giants Unveil Reports on 17+ Stocks: Key Calls on Shriram Finance, Infosys, Reliance
•Major brokerage houses like Jefferies, Nomura, HSBC, and CLSA released reports on over 17 stocks across various sectors.
•Jefferies gave 'Buy' ratings to Shriram Finance (target Rs 1220) and Navin Fluorine (target Rs 7800), citing strong growth prospects.
•Infosys received a 'Hold' rating from Jefferies (target Rs 1290) due to macro uncertainties and AI costs impacting near-term growth.
•HSBC lowered targets for Asian Paints and Berger Paints ('Hold') due to rising raw material costs; Nomura sees oil companies like Reliance benefiting from surging crack spreads.
•CLSA warns of margin pressure for tire companies but sees limited impact on hospitals; gives 'Outperform' to IRB Infra and NCC.
