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Brokerage Reports: CLSA on India Strategy, DLF, HAL, Fusion Fin; JPM on Honasa, City Gas; Jefferies on Thermax, HAL: DLF TP Rs. 870, HAL Rs. 5,500, Honasa Rs. 330, Fusion Fin Rs. 155, Thermax Rs. 3,700.
Nomura, Morgan Stanley On India Strategy, Jefferies, CLSA, Goldman Sachs on Britannia, Jubilant FoodWorks, Shree Cement, Asian Paints, Hindalco, ICICI Bank: Mixed Ratings, Targets Reflect Demand & Margin Trends