Indian markets witnessing an equity boom with investors realizing profits of Rs 50,000 crore over four years and holding unrealized profits of Rs 1 lakh crore on an AUM of Rs 4.5 lakh crore.
HFCL’s AI, data centre exposure drives Nuvama’s Buy call; target implies 56% upside
Nuvama has initiated coverage on HFCL with a ‘Buy’ rating and a target price of Rs 380, implying a 56% upside from its reference price