UBS initiated coverage on Eureka Forbes with a ‘Buy’ call, identifying it as a ‘steady earnings compounder’ with under-appreciated scale advantages in water purifiers and services. The brokerage set a target price of Rs 640, citing market growth driven by health awareness and expanding consumer base.
Japan’s Nikkei hits record high as chip-related shares jump
Japan’s Nikkei stock index reached a new record high today. Chip-related stocks drove the gains, overshadowing declines in financial and other sectors. This surge mirrors
May 27, 2026