Covid 1.0’s worst-hit Nifty stock now a strong rerating candidate
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The company’s Street-beating March quarter numbers impressed analysts, who now see up to 50 per cent upside in the stock.
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Analysts have turned bullish on the lender, as they believe it has worked on asset quality, one of the key concerns that haunted the stock all through last year.
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NEW DELHI: The worst index performer of last year’s Covid crisis has emerged a strong re-rating candidate, as a second wave of the virus wreak havoc in the country, threatening to trigger a fresh shutdown of the economy.
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