UBS's Take on Bandhan Bank
UBS has adjusted its stance on Bandhan Bank to 'neutral', revising the target price down to Rs 185 from Rs 230. The bank's earnings are expected to face pressure, with the microfinance sector's stress likely to increase credit costs and reduce interest margins.
Citi's View on TVS Motors
Citi recommends a 'sell' for TVS Motors, setting a target price of Rs 1,700. The domestic two-wheeler market is anticipated to remain stagnant, although exports may see some growth.
CLSA's Outlook on Avenue Supermarts (D-Mart)
CLSA has issued an 'outperform' rating for Avenue Supermarts (D-Mart), with a target price of Rs 5,360. The company's revenue growth aligns with market expectations.
Morgan Stanley on Punjab National Bank
Morgan Stanley holds an 'underweight' recommendation for Punjab National Bank, with a target price of Rs 95. The bank's third-quarter performance exceeded expectations, driven by stronger-than-anticipated volume growth.

ITC Hotels Trading Update
ITC will commence trading on an ex-ITC Hotels basis starting Monday, with the demerged entity expected to list on the stock exchanges in the coming weeks. Brokerages have varied predictions for ITC Hotels' listing price, ranging from Rs 113 to Rs 300 per share.
Disclaimer: The opinions, analyses, and recommendations expressed herein are those of brokerages and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.
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