Jefferies initiates coverage on 2 wealth management companies; stocks surge up to 5%
Shares of Nuvama Wealth on Tuesday jumped 5.3% to Rs 5,305 on BSE after global brokerage Jefferies initiated coverage on the stock with a buy rating and target price of Rs 6,000. The brokerage has also initiated coverage on another wealth management firm 360 ONE, with a target price of Rs 900. “We believe Indian … Read more
