Gold Silver Reports (GSR) – Shares of the Mumbai-based consumer products firm rose as much as 13.2 percent, the most in three months, to Rs 57.25.
Motilal Oswal has initiated coverage on Future Consumer Ltd. with a ‘Buy’ rating and price target of Rs 76, a near 42 percent upside to today’s highest price so far.
Out of the four brokerage firms covering this stock, three have a ‘Buy’ rating and one has a ‘Hold’ recommendation.
Traded volume is 4.1 times the 30-day average, and the stock’s consensus price target is nearly 50 percent higher than the current price. – Neal Bhai Reports (NBR) INDIA
