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JM Financial gives ‘buy’ call for ITC, GAIL, M&M Financial,6 others

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New Delhi: The brokerage and investment firm JM Financial has given a ‘buy’ call for shares such as ITC, GAIL, Mahindra & Mahindra Financial, Welspun
New Delhi: The brokerage and investment firm JM Financial has given a ‘buy’ call for shares such as ITC, GAIL, Mahindra & Mahindra Financial, Welspun India, Apollo Tyres, Blue Star, V Guard Industries, JK Lakshmi Cement and Somany Ceramics. For ITC stocks, the brokerage has set a target price at Rs 295, as against the current price of Rs 233.6. “With the government maintaining a benign stance in Budget 2022, we believe the stage is well-set for ITC’s FY23E to be one of the stronger years in recent times on growth fronts,” the brokerage said.

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