By Debdeep Gupta | 16 Apr, 2024
Jefferies' target price on Bharti Hexacom stock screams 'ek saal me paisa double' for IPO investors
Brokerage Jefferies is bullish on the recently listed Bharti Hexacom, a Bharti Airtel group company, because of its strong growth prospects and healthy margin expansion.Jefferies initiated coverage on the stock with a “buy” rating and a price target of Rs 1,080. The price target is the most aggressive on the Street, as it forecasts a nearly 34 percent upside in the counter.The bullish comments...
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