HSBC reiterates “Buy” on Eternal, raising its target to Rs 390, citing strong scale, margin leadership, and robust cash reserves. Swiggy remains on “Hold” due to slower margin growth, high cash burn, and execution risks, despite rising average order values. Eternal outperforms in quick commerce and food delivery segments.
REC and Cochin Shipyard among top 5 midcap stocks that saw highest mutual fund selling in September
These top five midcap stocks witnessed the highest net selling by mutual funds in September. Here is a detailed breakup, according to a report by