Brokerage calls: Morgan Stanley replaces Asian Paints with United Spirits on its focus list

Bajaj Auto, Maruti Suzuki India, Mahindra and Mahindra, Eicher Motors and Dabur India are some of the other stocks on Morgan Stanley's focus list.


We have collated a list of recommendations from various global brokerage firms for February 20.

HSBC cut its target price on Jet Airways to Rs 190 from Rs 200, maintaining the Reduce call.

"Successful restructuring and cost control are key concerns," HSBC said in a research note.

Acquisition of KPR Industries' chlor-alkali business will help Grasim Industries have a 30 percent share in the market in India.

Maruti Suzuki India should be well placed on technology in the coming years, the brokerage said in a research note.

"Any rapid shift for electric vehicles could result in valuation pressures for Indian auto stocks," said CLSA.

Potential collaborations among German luxury OEMs could place pressure on Tata Motors' JLR.

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