SJVN stock plunges 2% after Goldman Sachs anticipates 40% decline in share price

SJVN stock plunges 2% after Goldman Sachs anticipates 40% decline in share price

The share price of SJVN dropped significantly to an intraday low of ₹136.51 on the National Stock Exchange (NSE) on August 21, declining by 1.46 percent from its previous close after Goldman Sachs reaffirmed its ‘Sell’ recommendation on the state-owned hydropower company. The analysts at the global brokerage set a new target price of ₹85 … Read more

Goldman Sachs initiates coverage on Metro Brands, sees 28% upside in 12 months; Bata India at ‘neutral’—here’s why

Goldman Sachs initiates coverage on Metro Brands, sees 28% upside in 12 months; Bata India at ‘neutral’—here's why

The global brokerage has given a ‘buy’ rating for Metro Brands and sees an upside of 28 per cent on the stock in the next 12 month at a target price (TP) of ₹1,450. Goldman Sachs has also initiated coverage on Bata India with a ‘neutral’ rating as sees a seven per cent upside on … Read more