CLSA has initiated coverage on Hyundai Motor India with an ‘Outperform’ rating and a target price of Rs 2,155, citing strong growth prospects amid strategic expansion. The firm notes the company’s promising outlook with new capacity additions planned and competitive advantages, despite recent stock underperformance.
Info Edge shares drops 4% despite 22% YoY jump in Q4 net profit; revenue up 16%
Info Edge shares saw a dip on Monday even as the company announced strong financial results. Net profit for the March quarter rose 22 percent