Recommendation: Add; Target price: ₹1200
Growth in auto volumes to aid year-on-year performance.
Profits could grow at a strong pace.
Entero Healthcare aims to raise ₹1,000 Crore through the fresh issue component and ₹600 Crore via an offer-for-sale (OFS) route.
Recommendation: Reduce; Target price: ₹3080
Bank and IT stocks witnessed gains, while RIL faced losses. Nifty PSU and IT indices each rose over 1%, and India VIX increased by 5%
Recommendation: Add; Target price: ₹410
Analysts of IIFL Capital Services note, during Q3, 7 companies announced new capacities or shared plant wise details aggregating to 50m MT
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