A host of brokerage firms have initiated coverage on several stocks. They see a strong potential in these companies, which include Bank of Baroda, IIFL Finance, IRCON International, and Rainbow Children’s Medicare, with a targeted upside of up to 95%. Here is a list of 7 stocks on which brokerages initiated coverage:
$20 billion of IPOs per year a new normal for India: JP Morgan
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next