Shares of Bengaluru-based Sobha jumped 15.82% to an all-time high closing of Rs 1,296.60 after brokerage Motilal Oswal Financial set a price target of Rs 1,400 on the stock while rating it as one of the top picks for 2024.
Jefferies has cut its target price for KEI Industries by 11% to Rs 6,150, citing concerns over UltraTech Cement’s entry into wires and cables. The
Bernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings drivers. The brokerage has
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