While acknowledging the positive medium-term outlook, HDFC Securities believes that current valuations remain elevated, prompting it to retain its Reduce' stance despite the target price revision.
HDFC Securities has increased its target price for Amber Enterprises shares. Despite this upward revision, the brokerage firm has decided to maintain its 'Reduce' stance on the stock. This cautious approach is primarily due to HDFC Securities' assessment that current valuations…
Market Samachar is a news aggregator. This article was originally published by NDTV Profit - Latest. Tap the button above to read the full story on their site.