Ola Electric shares surge 6% after Goldman, BofA initiate coverage, see up to 48% upside
Shares of Ola Electric Mobility surged 6% to a dayβs high of Rs 114.30 on BSE today after global brokerage firms Goldman Sachs and Bank of America (BofA) initiated coverage on the stock with target prices of Rs 160 and Rs 145, respectively. Goldman Sachs’ target price signals an upside potential of 48% from the…
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Bharti Hexacom shares rally 6% after Citi initiates coverage predicting a 20% upside
Shares of Bharti Hexacom on Friday rallied 6% on BSE to its dayβs high of Rs 1,245.70 after the global brokerage firm Citi initiated coverage on the stock with a buy rating and a target price of Rs 1,405. βThe company is an attractive midcap telco with a strong growth outlook. It is a pure-play…
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KEI Industries, Polycab shares surge up to 4% as UBS sees upside potential of up to 41%
Shares of wire and cable makers KEI Industries rose 4% to its dayβs high of Rs 4,550 while those of Polycab rose 3.7% to Rs 6,881 on BSE after the global brokerage firm UBS initiated coverage on the stocks with a buy rating and a target price of Rs 6,150 and Rs 8,550 respectively. Stating…
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India will remain top choice for private equity investments despite external shocks: Jefferies
New Delhi [India], August 9 (ANI): Global brokerage firm Jefferies in its latest report identifies India as a prime market for listing private equity (PE) investments, suggesting a huge pipeline for investment bankers globally. The report noted that despite the challenges faced by the private equity industry, including a liquidity squeeze and declining distributions from…
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