While CLSA sees no significant monetary effect for Shriram Transport from the current merger announcement, Goldman Sachs sees restricted scope for nice surprises for Havells from right here on. Here are contemporary pinnacle brokerage calls:

JP Morgan on Shriram Transport | The current merger outcomes in mild dilution however eliminates a massive overhang, JP Morgan stated. However, a technical overhang of personal fairness buyers promoting out to stay post-merger, the brokerage introduced whilst keeping its ‘overweight’ stance at the inventory.

Goldman Sachs on Havells | The brokerage sees restricted scope for nice surprises right here on because of a excessive base withinside the 2nd 1/2 of of FY22. Goldman Sachs has raised its EPS estimate with the aid of using 2 percentage for FY22-25.

Jefferies on Shriram Transport | The brokerage has maintained its ‘underperform’ score at the organisation’s inventory and introduced that any overhang of inventory deliver from non-promoters wishes to be watched.

CLSA on Shriram Transport | CLSA sees no significant monetary effect for the organisation from the merger. Though, the brokerage stated that the organisation’s lending enterprise might make the merged organisation one in all the biggest retail lenders.