Tata Capital shares saw a dip on Monday following a significant rally that propelled them to an all-time high last week. Despite a recent surge, the NBFC's stock experienced a correction. Analysts at JM Financial have upgraded their rating to 'Buy', citing strong growth prospects driven by retailization and expansion. The company's robust Q4 performance, with a 43% net profit jump, further bolsters confidence in its medium-term earnings potential.
Tata Capital shares fell 3% on Monday after previously rallying 17% to a lifetime high. JM Financial upgraded its rating to 'Buy', citing strong growth from retailization and expansion. The company's robust 43% net profit jump in Q4 further supports its medium-term earnings…
Market Samachar is a news aggregator. This article was originally published by Stocks-Markets-Economic Times. Tap the button above to read the full story on their site.