Stock Advisory in Indore, 6 stocks and 1 event are on the radar of investors today

Reliance Industries

Brokerage: CLSA | Rating: Buy | Target: Raised to Rs 1,050 from Rs 990

The broking firm believes that the sharp cut in interconnect charges has raised FY18-20 consensus EPS forecast by 8 percent. Late on Tuesday, the telecom regulator announced 60 percent cut in IUC from October 1 and a complete removal of such charges from 2020.

Adani Ports

Brokerage: Credit Suisse | Rating: Outperform | Target: Raised to Rs 460

The brokerage firm has maintained a positive view on the stock due to a healthy outlook on the container business front. A reasonable valuation, strong balance sheet, and healthy cashflows are key triggers, it added.

L&T

Brokerage: Credit Suisse | Rating: Outperform | Target: Raised to Rs 1,425

Credit Suisse observed that the company could be a likely winner for the Mumbai Transharbour project. A hike in FY20 EPS estimates by 2 percent has been made by the research firm.

Ripples Advisory Private Limited, Stock Advisory in Indore

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