(You can now subscribe to our(You can now subscribe to our ETMarkets WhatsApp channelBrokerage house Investec has a buy recommendation on Astral , while Goldman Sachs maintained a buy on Polycab India , Citigroup recommends buying Endurance Technologies and Nuvama has initiated coverage with a buy rating on Bikaji Foods.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:Investec maintained a buy rating on Astral with a target price of Rs 2,370.
The brokerage firm expects an imposition of anti-dumping duty on PVC pre-September.Potential levy of anti-dumping duties on CPVC resin/compound in $593-792/t range across countries.Imposition of a quality control order on PVC/EDC/VCM till September 2024.
Production of local PVC prices has increased by 15% over QTD.Goldman Sachs maintained a buy rating on Polycab India but raised the target price to Rs 7,100 from Rs 6,360 earlier.
KEI Industries has a neutral rating.Citigroup maintained a buy rating on Endurance Technologies but raised the target price to Rs 3,000 from Rs 2,550 earlier.The research firm sees multiple revenue growth drivers ahead.
The brokerage firm believes Bikaji is in a 'sweet' spot to grow givenits wide menu.
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Brokerage house Investec has a buy recommendation on Astral , while Goldman Sachs maintained a buy on Polycab India , Citigroup recommends buying Endurance Technologies and Nuvama has initiated coverage with a buy rating on Bikaji Foods.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:Investec maintained a buy rating on Astral with a target price of Rs 2,370. The brokerage firm expects an imposition of anti-dumping duty on PVC pre-September.Potential levy of anti-dumping duties on CPVC resin/compound in $593-792/t range across countries.Imposition of a quality control order on PVC/EDC/VCM till September 2024. Production of local PVC prices has increased by 15% over QTD.Goldman Sachs maintained a buy rating on Polycab India but raised the target price to Rs 7,100 from Rs 6,360 earlier. KEI Industries has a neutral rating.Citigroup maintained a buy rating on Endurance Technologies but raised the target price to Rs 3,000 from Rs 2,550 earlier.The research firm sees multiple revenue growth drivers ahead. It sees growth opportunities in the ABS sub-segment.High-technology products are available at attractive prices, and the capacity utilization remains high.Nuvama initiated coverage on Bikaji Foods with a buy rating and a target price of Rs 885.The company reported a healthy long-term snack and the industry trends to propel growth.Capex is largely incurred, rising asset utilisation shall propel its RoCE to 32% by FY27.Insatiable scope for the savoury snacks, brand equity, favourable trends, and expansion make it covetable. The brokerage firm believes Bikaji is in a 'sweet' spot to grow givenits wide menu.
