Axis Direct Broker Research reports

Asian Markets rose on optimism over progress in US-China trade talks. Nikkei, Shanghai and Hang Seng were trading up by 0.47%, 0.65%, and 0.74%, respectively.

Asian markets are positive as investors await details on US-China trade talks, which continue for a second day. The Nikkei, Hang Seng, and Shanghai are trading higher by 0.96%, 0.32%, and 0.12%, respectively.

We recommend a BUY rating on the stock with a TP of Rs 237/share, implying an upside potential of 10% from the CMP.

Stock Ideas with specific strategies

Considering the company's promising growth outlook, we recommend a BUY on the stock with a potential upside of 10% from the CMP.

Asian Markets rise as investors await trade talks between Washington and Beijing, better-than-expected U.S. jobs data and digest Chinese inflation data. Nikkei, Shanghai and Hang Seng are trading up by 0.98%, 0.37% and 1.34%, respectively.

We recommend a BUY rating on the stock with a target price of Rs 74/share, implying an upside of 11% from the CMP.

Stock Ideas with specific strategies

We recommend a BUY on the stock with a target price of Rs 10,225/share, implying an upside 10% from the CMP.

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