HSBC Recommends Buy on SBI

HSBC has issued a buy recommendation for SBI, setting a target price at Rs 960. Analysts highlight the bank's strong treasury income and contained asset quality trends as key positives. With a capital raise and a healthy loan-to-deposit ratio, SBI is poised for robust growth.

UBS Neutral on HDB Financial

UBS starts coverage on HDB Financial with a neutral rating and a Rs 790 target. The NBFC's strong franchise is acknowledged, but its current valuation is seen as fair. Mid-teen assets growth is forecasted from FY25 to FY28.

Jefferies Downgrades Tata Motors

Jefferies maintains an underperform rating on Tata Motors, reducing the target price to Rs 550. Challenges include rising competition, higher warranty costs, and aging key models, contributing to a disappointing Q1 performance.

Morgan Stanley's Stance on Manappuram Finance

Morgan Stanley keeps an equal-weight rating on Manappuram Finance, with a target of Rs 270. Transition pains and lower gold loan yields have led to revised EPS estimates for FY26-FY28.

Motilal Oswal on Info Edge

Motilal Oswal Securities maintains a neutral rating on Info Edge, slightly raising the target to Rs 1,380. Despite uneven hiring demand, steady Q1 numbers and growth-led investments are noted, though margins may remain capped.

Disclaimer: The opinions and recommendations are from brokerage analysts and not The Times of India. Consult a financial advisor before making investment decisions.