Bernstein initiates coverage on IndusInd Bank and Muthoot Finance with Outperform ratings

CLSA expects private sector banks, which have been stock market laggards, to give better returns amid good business outlook and inexpensive valuations

Jefferies says acquisition of Hyderabad-based cement maker moves Ambuja, a part of Adani Group, to top three players in the south region

Morgan Stanley expects sector tailwinds and robust order backlog to drive sustainable growth in the company’s core EMS business

Nomura expects Indian equity market to react positively in near term, if exit polls, which suggest return of BJP, turn to actual results on 4 June

S&P expects broad continuity in economic reforms and fiscal policies regardless of the general election outcome on 4 June

Jefferies upbeat on GMR Airports’ prospects due to passenger traffic growth and travel retail opportunity

Jefferies upbeat on JB Chemicals due to its strong execution capabilities, possibilities of positive surprise from CDMO business in the medium term

Jefferies says Mankind Pharma has the potential to consistently outperform industry growth and improve margins consistently

Nomura says Bharti Airtel will continue to benefit from its higher-quality subscriber base versus peers

Jefferies says the demerger of Siemens has potential to create additional value as was seen with ABB India in the past

Jefferies says Bharti Hexacom is the “best play” on the Indian telecom story and offers a strong growth outlook

HSBC says Dixon’s plan to acquire a majority stake in electronics and mobile devices manufacturer Ismartu India is a “major EPS-accretive” devel

Jefferies starts coverage on Entero Healthcare Solutions with Buy rating and a base case target price of 1,510 rupees per share

Jefferies says Indian wealth managers are well-placed to ride on India's economic growth and financialization of savings