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Brokerages are impressed by the pickup in Avenue Supermarts' store additions, and improvement in general merchandise and apparel into its mix. While JPMorgan upgraded the stock, Nuvama raised its target price.
In April last year, RBI had given in-principle approval to IIHL to increase its stake in the bank to a maximum of 26 percent
ICICI Securities expects the Anup Engineering to deliver 20 percent plus growth over the next 2-3 years, fueled by its strong backlog and order pipeline,
JP Morgan upgraded Kotak Mahindra Bank (KMB) to overweight from neutral, citing supportive valuations post recent RBI actions and senior management departure. The target price has been raised to Rs 2070 per share, marking a 34 percent increase from the last close.
Ajanta Pharma approved its fourth buyback plan in as many years, offering a premium of 25 percent to stakeholders.