Macquarie maintained an underperform rating on Zomato with a target price of Rs 76. The company has seen steady margin improvements and strong Quick Commerce growth, it said.
Positive setup was seen in stocks like Cummins India, Trent, HAL, SBI, Tata Communication, Tata Power, Alkem, IOC, Canara Bank, BPCL, OFSS, Voltas, Coal India, TCS, RIL and DLF.
Citigroup maintained a buy rating on Nestle India post Q3 results with a target price of Rs 2900. The company reported steady revenue growth and guided for a margin expansion in Q4CY23, it said.
KUALA LUMPUR: THe trading stock of companies with recent announcements include EWI, REDtone, NPC, BAT, Hartalega, Cloudpoint, Seal, Sanichi, Advancecon, Reneuco, Bina Puri and YTL Corp.
Positive setup was seen in stocks like SAIL, BPCL, OFSS, Ipca Laboratories, IOC, HPCL, Petronet LNG, Zydus Life, MGL, NALCO, TCS, Maruti Suzuki India and ONGC.