Nomura sets record target price for Aadhar Housing Finance, sees 20% upside — here’s why

Nomura sets record target price for Aadhar Housing Finance, sees 20% upside — here’s why

Japanese brokerage firm Nomura has initiated coverage on Aadhar Housing Finance, giving it a ‘buy’ rating and setting a target price of ₹550 per share. The stock, which debuted on the Indian stock exchanges in May, is currently trading 45% above its IPO price of ₹315 apiece. Nomura’s target price suggests an all-time high for … Read more

Globus Spirits stock dropped 50% since Jan 2022 but Incred sees 86% upside ahead – here’s why

Globus Spirits stock dropped 50% since Jan 2022 but Incred sees 86% upside ahead – here’s why

Shares of Globus Spirits have been on a downward trend since January 2022, primarily due to challenges such as rising raw material and power costs over the past two years. During this period, the stock has decreased from its all-time high of ₹1,719 to the current level of ₹858.40, marking a 50% drop. Despite these … Read more