Nomura maintains buy call with target unchanged at Rs 900 per share as volumes could improve further and margin may improve in second half.
Citi maintains buy call with target increased to Rs 976 from Rs 876 per share as margin dips sequentially on one-offs.
Nomura has a call on the stock; target price at Rs 495 per share.
Nomura maintains neutral call with target price at Rs 320 per share as operational miss largely due to weaker execution in EMP segment.
Total income below estimates due to miss in all segments. Free cash flow increase a positive despite disappointing headline numbers. Goldman Sach retains buy call on the stock. CLSA maintains sell call with target price at Rs 305 per share and cuts FY17/18 EPS estimates by 2/5 percent with potential downside risk to earnings. It says demonetisation may impact near-term sales.
Nomura has buy call with target price at Rs 1585 per share.