CLSA raised M&M’s target price, expecting 20% EBITDA CAGR driven by strong utility vehicle leadership and a robust launch pipeline. HSBC initiated a buy on Hindalco, citing management’s confidence in plant commissioning despite minor operational setbacks. Citigroup maintained a buy on Divis Laboratories, forecasting continued double-digit growth fueled by new product transitions and strong EBITDA performance.
Related Posts
When was the last time a Test in India went into Day 5?
India stands on the brink of a series whitewash against West Indies, needing just 58 runs to win the second Test. Despite a strong fightback […]
Elon Musk’s X sues Centre for using IT Act to ‘block’ content
Elon Musk’s X filed a lawsuit against the Indian government for allegedly misusing the IT Act to block content on the platform. The case challenges […]
UP: Drunk masked man in Bijnor holds minor at knifepoint, demands Rs 1L & bike; arrested
A 24-year-old man held a minor girl hostage at knifepoint in a Najibabad clothing shop. He demanded Rs 1 lakh and a motorcycle. Police arrived […]