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Mahindra & Mahindra Financial Services Ltd., TVS Motor Co., Indus Towers Ltd., and Shree Cement Ltd. are among companies that have drawn commentary from top brokerages on Wednesday.

Analysts have tweaked share price targets after these companies announced their September quarter results.

Brokerages On Shree Cement Q2 Results

HSBC

Maintain 'Hold' with price target of Rs 32,200.

Earnings miss; steep valuation keeps us on the sidelines.

Q2 earnings miss due to higher costs.

Continues to highlight its ‘Value over Volume’ strategy, and this bodes well for Industry pricing.

Investec

Maintain 'Sell' and reduce TP to Rs 29,125 from Rs 29,527.

Reported operating miss on account of lower pricing.

Management

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