Hot Stocks: Brokerage view on Zomato, M&M, Vedanta and Infosys

June 18, 2024

JPMorgan maintained an overweight rating on Zomato with a TP of Rs 208. The brokerage said Zomato has been successful in some acquisitions, like Uber Eats India, Runnr, and Blinkit, while Nomura maintained a buy rating on M&M and raised the TP to Rs 3,374.

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Delhivery shares surge 2% as CCI approves Rs 1,407-crore Ecom Express deal

The Competition Commission of India has approved Delhivery’s acquisition of Ecom Express. This deal is worth approximately Rs 1,407 crore. It will significantly consolidate India’s

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UGRO Capital shares rally 7% as firm to acquire Profectus Capital for Rs 1,400 crore cash deal

UGRO Capital’s shares surged following the announcement of its acquisition of Profectus Capital for Rs 1400 crore. This all-cash deal is expected to boost UGRO’s

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