The firm raised its target price on the stock to ₹1,530, indicating an upside potential of 18.5% from Monday’s closing price of ₹1,290.95. The stock gained 2% on Monday while the benchmark Nifty rose 1.32%.
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in
Markets staged a strong recovery on Thursday, led by banking stocks, as the Nifty rebounded from intraday lows. Analysts noted a positive technical setup at
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