Shares of Prestige Estates dropped 5% after Morgan Stanley downgraded the stock to ‘Underweight’ citing slower pre-sales growth and reduced FY25 estimates, with a revised target price of Rs 1,510.
Despite a weak BSE Smallcap Index, 23 small-cap stocks surged 50%–225% in three months, with 15 delivering over 60% gains, highlighting strong returns even in
Indian markets are poised for a fresh rally soon. A recent pullback is seen as a brief pause before the next upward move. The IT
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