Tata Consultancy Services (TCS) shares jumped over 3% following its Q3 results. Morgan Stanley upgraded the stock to Overweight, while Motilal Oswal and Nuvama reiterated their buy stance. TCS reported higher-than-expected revenue but lower bottomline. Morgan Stanley raised the price target to Rs 4,240. Motilal Oswal has a target of Rs 4,250. Nuvama revised the target to Rs 4,500. Kotak maintained an Add rating.
Mutual funds have Rs 6,000 crore investments in Vodafone Idea
Approximately 32 mutual fund houses held investments in Vodafone Idea. In August, 17 of these houses increased their shareholdings, 10 decreased them, and 5 maintained