Wednesday’s top brokerage calls: Bharti Airtel, IndiGo and ICICI Bank

Wednesday's top brokerage calls: Bharti Airtel, IndiGo and ICICI Bank

Goldman Sachs noted that the performance of Bank ICICI’s assets is better than expected in most portfolios while Credit Suisse has maintained a ‘outperform’ call in Indigo shares. Here is the top broker call for that day:

Goldman Sachs at Bharti Airtel | According to the broker, telecommunications operators offer high income visibility and see reverse risks for income if the average income per user will be closer to what the company guides. Goldman Sachs has maintained a ‘purchase’ rating on Bharti Airtel’s shares.

JP Morgan in Telecommunications Companies | Bharti Airtel remains the main choice for brokers in the telecommunications sector. JP Morgan shows that key risk is a consolidation of SIM and a decrease in rankings for customers who are sensitive to prices.

Credit Suisse on Interglobe Flights | The broker believes that the results and sustainable strong traffic can change a profitable quarter raw and weakly together with the dynamics of Omicron can push reverse surprises. Credit Suisse has maintained a ‘outperform’ call on Indigo shares.

Goldman Sachs in Icici Bank | The performance of the quality of Bank Icici’s assets is better than expected in most portfolios, said Goldman Sachs. Brokers have maintained a ‘buy’ call in stock.

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