Information technology stocks across the board have rebounded after the losses in the recent sessions. Stocks such as Infosys, HCL Technologies, Mphasis, and L&T Technology Services have risen 3-5% last week.
BlackBuck gets Buy rating as Ambit sees strong growth ahead, values stock at Rs 885
Ambit Capital initiated coverage on Zinka Logistics, parent of BlackBuck, with a Buy rating and Rs 885 target price. The brokerage highlighted BlackBuck’s emergence as