Axis Bank and L&T, among others, are being tracked by investors on Wednesday.
Axis Bank
Brokerage: Kotak Sec | Rating: Moved to Add | Target: Rs 525
Kotak Securities changed the rating back to add from reducing after another of underperformance was seen. The recent disclosures show low impairment ratio in the power sector. Moreover, the brokerage said that the power remained the sore area as gross NPLs were quite low.
Fortis Health
Brokerage: Goldman Sachs
The global research firm has initiated coverage on the company with a target of Rs 190.
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