Hot Stocks: Brokerages on VRL Logistics, Nykaa, Titagarh Wagons and MGL


HSBC has maintained a buy rating on VRL Logistics with a target price of Rs 800, while Macquarie has retained an underperform rating on Nykaa with a target price of Rs 115. Antique has initiated a buy rating on Titagarh Wagons with a target price of Rs 694, and Citigroup has a buy rating on MGL with a target price of Rs 1,210, while maintaining a neutral rating on Gujarat Gas. VRL is expected to experience an EBITDA margin expansion in FY24, while Nykaa was cited as being evasive on losses in fashion/beauty distribution businesses.


Read More

Previous post Tech entrepreneur Ian Hogarth will head UK's AI taskforce
Next post "Candid, Constructive" Talks: Blinken Meets China's Foreign Minister