Nuvama has initiated coverage on Aequs with a ‘Buy’ rating and a target price of Rs 444, implying a 91% upside. The brokerage expects strong earnings growth, backed by the company’s $889 million order book, vertically integrated aerospace manufacturing capabilities, and long-term contracts with global aerospace OEMs.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap
August 25, 2026