The article provides a summary of recent research reports from various financial institutions on several Indian companies. The reports are from Citi, Nuvama, Jefferies, CLSA, DAM, IIFL, MS, Macquarie, Nomura, Bernstein, BofA, Investec, HSBC, Elara, and UBS.
The reports provide recommendations and target prices for companies such as:
* Aadhar Housing: Citi initiates a buy recommendation with a target price of Rs 565/sh.
* Reliance Industries: Multiple firms maintain buy or outperform recommendations with target prices ranging from Rs 1550/sh to Rs 1729/sh.
* Infosys: Firms such as Nomura, Nuvama, and Bernstein raise their target prices, with Bernstein maintaining an outperform recommendation.
* Axis Bank: Firms such as Jefferies and Macquarie maintain buy or outperform recommendations, while Citi and Nuvama cut their target prices.
* Havells: UBS maintains a buy recommendation with a target price of Rs 2145/sh, while JP Morgan maintains a neutral recommendation.
* LTIM: Citi and Nomura maintain sell recommendations, while MS and Macquarie maintain overweight or outperform recommendations.
Overall, the reports provide a mixed bag of recommendations, with some firms maintaining buy or outperform recommendations for certain companies, while others cut their target prices or maintain neutral recommendations.