Stocks To Buy: Here’s how two major foreign brokerages are positioning themselves in auto stocks
Shares of auto companies are in focus in trade on Thursday, April 9. Auto stocks had declined nearly 17% between February 26 and March 30, but have since recovered around 9%. Brokerage firm BofA Securities has upgraded Bajaj Auto to a ‘Buy’ rating with a price target of ₹10,700 per share. The brokerage said valuations…
