Nomura has reaffirmed its ‘buy’ rating on JSW Energy following its acquisition of O2 Power for Rs 12,680 crore, with a target price of Rs 885 (+38%).
Emkay Global Finance advises a ‘reduce’ on L&T Finance, setting a target of Rs 150 (+11%), amid ongoing issues in the microfinance sector.
Prabhudas Lilladher suggests a ‘hold’ on KEC International with a target price of Rs 997 (-17%), after its cable business transfer.
Disclaimer: Recommendations are provided by brokerages and should not replace professional investment advice.