HSBC maintained a buy rating on Shriram Finance with a target price of Rs 228. A 4% profit beat was led by lower provisions despite higher-than-estimated operating costs.
Stocks to buy: Quadrant Future, Varun Beverages and Coforge on investors’ radar
Benchmark BSE Sensex jumped 740 points while Nifty ended its 10-day losing streak, driven by value buying in utilities and power shares. Stocks in focus