JPMorgan maintains overweight rating on ITC and Godrej Consumer Products. Jefferies has a buy rating on Coal India with a target price of Rs 520, and CLSA recommends a buy on L&T with a target price of Rs 4260.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain