Buy Lemon Tree; target of Rs 115: Motilal Oswal
Motilal Oswal is bullish on Lemon Tree recommended buy rating on the stock with a target price of Rs 115 in its research report dated July 12, 2023.
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Motilal Oswal is bullish on Lemon Tree recommended buy rating on the stock with a target price of Rs 115 in its research report dated July 12, 2023.
The market suffered a small correction this week but the underlying trend remains bullish. We expect a short rally next week before a deeper decline.
We mentioned yesterday, that the markets were under pressure. On Thursday, frontline indices fell further as 2078 stocks advanced, 1458 declined and 125 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.42, indicating a positive closing of stocks in broader markets.
On Monday, 1330 stocks advanced, 2233 declined and 175 remained unchanged with advance decline ratio of 0.59 on the Bombay Stock Exchange (BSE), indicating a negative closing of stocks in broader markets.
On the Bombay Stock Exchange (BSE), 1784 stocks advanced, 1414 declined and 165 remained unchanged with advance decline ratio of 1.26, indicating a positive closing of stocks in broader markets.