Thu, May 02, 2024
After REC's strong quarterly performance, brokerage CLSA maintained its 'buy' rating on the stock with a revised target of Rs 595 instead of Rs 560 earlier. The target implies an upside of more than seven per cent from Thursday's closing price. The brokerage suggests long-term investors wait for a correction in the stock, which has already run up more than 22 per cent in a week.
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