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The Economic Times

Business

Somanjali Das

THE TRUTH ABOUT: Axis direct initiates coverage on pricol with buy rating check target price | History Defined

Pricol Axis Direct Somanjali Das SEBI

Pricol shares rose 1.4% to Rs 775.60 on the National Stock Exchange (NSE) on Monday after Axis Direct initiated coverage on the auto-components manufacturer with a ‘Buy’ rating and set a target price of Rs 935.

The target price implies an upside of around 21% from the current market price, while the brokerage had estimated a 22% upside based on its reference price of Rs 765.

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