Hot Stocks: Brokerage on Tech Mahindra, Sun Pharma, and Nykaa

November 2, 2022

Macquarie maintained an outperform rating on Tech Mahindra with a target price of Rs 1230. Another brokerage firm BofA maintained a buy call on Tech Mahindra with a target of Rs 1180. Deal closures need watching in the forthcoming quarters, the brokerage said.

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Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.

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UPI-MDR an additional earnings opportunity, not Paytm’s business model foundation: Brokerages

Paytm has reported a substantial increase in revenue, demonstrating the success of its existing business model. The company’s EBITDA has improved due to efficient cost

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