Stock Advisory in Indore, Buy, Sell, Hold: Here are 4 stocks that analysts are tracking today

Analysts are tracking stocks based on earnings from major firms on Thursday.

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Macquarie Research maintained an outperform rating on the stock with an unchanged target of Rs 6,850. The research firm expects the company to clock net profit CAGR of 13 percent over FY17-19.

Speaking on its financials, it said that while margins declined in the March quarter, they were still ahead of expectations. The model mix has also been strong as growth was led by Brezza and Baleno. The waiting period for Baleno is coming down with the commencement of production at Gujarat unit, it added.

Going forward, it anticipates passenger vehicle (PV) demand to rise in FY18 on the back of higher income and a revival in rural consumption. These sales growth would be driven by new models, it added.