indian express

Brokerages have spotlighted opportunities across capital goods, insurance, mining, automobiles, and pharmaceuticals, with fresh calls on L&T, Sun Pharma, SBI Life Insurance, Eicher Motors, and Samvardhana Motherson, alongside their views on the cement and steel sectors and auto sales trends. GS on SBI Life Maintain Buy with TP of Rs 2235 Regulatory overhang on commissions remains, but SBI Life appears relatively insulated Management does not expect material disruption to the bancassurance model Growth guidance remains around 14%–15% on Individual APE Protection growth is not viewed as merely GST-led Margin outlook should be supported by mix shift and operating leverage, despite GST pressure Agency remains a medium-term growth lever, but execution is key Credit life bundling concerns appear limited for SBI Life Citi on L&T Maintain Buy with TP of Rs 4650 Robust Order Inflow Momentum Strengthens Medium Term Visibility Order wins strengthe...