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As Dalal Street enters the April 1 session, brokerages have a dozen stocks on their radar. Here's what Morgan Stanley and Jefferies make of stocks such as TCS, GAIL, Alkem Laboratories, and ICICI Lombard:
Jefferies has maintained an 'underperform' rating on the GAIL stock with a target of Rs 150.
Nomura has maintained a 'neutral' rating on the Alkem Laboratories stock with a target of Rs 5,605.
Morgan Stanley has issued ratings for IT companies Tata Consultancy Services (TCS), Infosys, HCL Technologies, Coforge, Tech Mahindra, Wipro, Cyient, Mphasis, and LTIMindtree.
The brokerage has an 'overweight' call each on HCL Technologies, Tata Consultancy Services (TCS), Infosys, Coforge, and Cyient, and an 'underweight' rating each on Tech Mahindra and Wipro.
It has an 'equal-weight' rating each on Mphasis and LTIMindtree.
Morgan Stanley on IT | ||
| Stock | Rating | Target (in Rs) |
| TCS | Overweight | 4,350 |
| Infosys | Overweight | 1,750 |
| Cyient | Overweight | 2,400 |
| Coforge | Overweight | 6,500 |
| HCL Tech | Overweight | 1,730 |
| Tech Mahindra | Underweight | 1,190 |
| Wipro | Underweight | 450 |
| Mphasis | Equal-weight | 2,600 |
| LTIMindtree | Equal-weight | 4,800 |
Morgan Stanley has maintained an 'overweight' rating on the ICICI Lombard General Insurance stock with a target of Rs 1,875.
Jefferies has maintained a 'buy' call on the Kajaria Ceramics stock with a target of Rs 1,630.
Morgan Stanley has maintained an 'underweight' rating on the MCX with a target of Rs 2,085.
Morgan Stanley has maintained an 'overweight' rating on the PNB Housing Finance stock with a target of Rs 970.
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