Hot Stocks: Brokerages view on Hindalco, Biocon, Schaeffler India and Zomato

February 21, 2024

Brokerage firm Nuvama maintained a hold rating on Hindalco, Jefferies downgraded Biocon to underperform, Elara Capital recommended an accumulate rating on Zomato and Sharekhan recommended a buy rating on Schaeffler India.

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Bank of America Securities upgraded Swiggy to buy, citing its stronger balance sheet after a major fundraise, rising cash generation in food delivery, and potential

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