Macrotech shares rally 5% as Nomura initiates coverage, sees 30% upside

Macrotech shares rally 5% as Nomura initiates coverage, sees 30% upside

Shares of Macrotech Developers surged 5% to its day’s high of Rs 1,297.60 on BSE after the global brokerage firm Nomura initiated coverage on the stock with a buy rating and a target price of Rs 1,600, predicting a 30% upside potential. The global brokerage firm is positive on the stock’s future prospects given its … Read more