M&M, Lenskart & more: Stocks to watch out for today
CLSA raised M&M's target price, expecting 20% EBITDA CAGR driven by strong utility vehicle leadership and a robust launch pipeline. HSBC initiated a buy on Hindalco, citing management's confidence in plant commissioning despite minor operational setbacks. Citigroup maintained a buy on Divis Laboratories, forecasting continued double-digit growth fueled by new product transitions and strong EBITDA performance.
CLSA raised M&M's target price, expecting 20% EBITDA CAGR driven by strong utility vehicle leadership and a robust launch pipeline. HSBC initiated a buy on Hindalco, citing management's confidence in plant commissioning despite minor operational setbacks. Citigroup maintained a buy on Divis Laboratories, forecasting continued double-digit growth fueled by new product transitions and strong EBITDA performance.
