Tata steel, UPL & more: Top stocks on brokers' radar for May 14
Tata Steel's EBITDA met expectations, with volume growth aided by capacity and seasonal factors, says CLSA, while Jefferies highlights UPL's strong EBITDA growth and improved balance sheet. Nomura notes ABB's below-consensus numbers, but decent order inflows. HSBC upgrades IIFL Finance anticipating earnings recovery, while Motilal Oswal is bullish on Jindal Stainless, projecting sustainable growth and deleveraging.
Tata Steel's EBITDA met expectations, with volume growth aided by capacity and seasonal factors, says CLSA, while Jefferies highlights UPL's strong EBITDA growth and improved balance sheet. Nomura notes ABB's below-consensus numbers, but decent order inflows. HSBC upgrades IIFL Finance anticipating earnings recovery, while Motilal Oswal is bullish on Jindal Stainless, projecting sustainable growth and deleveraging.
