Thu, Jan 16, 2025 11:32 AM
Buy Larsen and Toubro Technology Services; target of Rs 6500: Sharekhan
A Flip by Swapnil Tiwari
Bernstein prefers scaled platforms in 2025, with stocks Zomato and Swiggy in the quick commerce (QC) segment, and profit leaders like Info Edge in the classifieds field. The brokerage has initiated an ‘outperform’ rating (OP) on the food delivery aggregator stock Zomato and set a target price of ₹315 per share.
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Shares of Gland Pharma gained 2% in intraday trading on January 16, 2025, after the pharmaceutical company said it received an Establishment Inspection Report (EIR) from the United States Food and Drug Administration (USFDA) for an inspection conducted at the Dundigal facility in Hyderabad. The inspection was conducted by the health regulator between July 22, 2024, and July 25, 2024.
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Emkay has initiated coverage on hospital stocks Rainbow Children Medicare, KIMS, Max Healthcare and Global Health with various recommendations on Thursday, January 16, recommending "buy" on 📌Rainbow Children Medicare and 📌KIMS, "add" on 📌Max Healthcare, and "reduce" on 📌Global Health, with price targets implying 24%, 22%, 11%, and 0% potential upside, respectively.
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