Know the opinion of brokerage houses on PAYTM and CEMENT sector – PAYTM and CEMENT sector Know the opinion of brokerage houses

The rise or fall of any stock depends on the performance of that company as well as the ups and downs in that sector. The big brokerage houses sitting in the market keep a close watch on all these things. The experts and analysts of brokerage houses provide advice to the investors based on their study and analysis based on the small and big changes in the market. Know in which stocks the leading brokerages are advising to bet today-

JPMORGAN’s opinion on PayTM

JPMORGAN Opinions on PAYTM maintains an overweight rating on it. He has fixed its share target from Rs 1200 to Rs 1000 per share. He says that profit margins can be expected to improve after Q2 of FY23. At the same time, with the increase in the scope of loan business, the results will improve. Also it is possible to contribute 40% of profits till Q4 of FY23. At the same time, it is possible to reduce the adjusted EBITDA deficit by reducing costs.

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Opinion on the CEMENT of JEFFERIES

Giving its opinion on CEMENT, JEFFERIES has said that in May, cement prices across the country have come down by 3% on a monthly basis. On the other hand, weak demand has also put pressure on the prices. If seen, the demand has been the most in the central region. At the same time, cement prices have increased in some areas in June. However, there is a possibility of pressure on the results due to the slowdown in demand.

Opinion on CLSA’s CEMENT

CLSA, while giving its opinion on the CEMENT, has said that the full impact of the increase in cost will be visible in Q1 of FY23. Demand growth is estimated at 7% in FY23 on a year-on-year basis. Apart from this, there is also a possibility of 13% fall in profits on a yearly basis. He said that he likes Ultratech Cement in the cement sector because the best risk-reward is visible in it.

(Disclaimer: The views and investment advice given on moneycontrol.com are the personal views and opinions of investment experts. Moneycontrol advises users to consult a certified expert before making any investment decision.)



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