Morgan Stanley is overweight on the stock with tgt at Rs 690/share as one-offs lead to EBITDA disappointment. It sees 5 % downside risk to FY17 EBITDA.
Morgan Stanley is equal-weight on the stock with target at Rs 560/share.
Deutsche Bank has a hold call with target price at Rs 68/share on no notification from seller/lenders on revocation of Bina acquisition deal.
Credit Suisse has downgraded it to neutral from outperform with tgt cut to Rs 875 from Rs 910/share as recovery in low income consumption a setback due to demonetization.
Citi has a sell call on the stock with tgt cut to Rs 955 from Rs 985/share as valuations price in medium-term positives & potential upside post GST.