BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Morgan retains overweight on Aditya Birla Nuvo
Aditya Birla Nuvo is a value pick after demerger of fashion business. Simplified structure set to drive stock re-rating. Financial services offer further value to company. Growth in NBFC business largely offset profitability pressures.