A host of brokerage firms, including global and domestic, have initiated coverage on several stocks. They are bullish on these companies, which include Hindustan Construction, L&T Finance, and PTC Industries with a targeted upside of up to 34%. Here is a list of 5 stocks on which brokerages initiated coverage:
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The