Explained – Here’s why HSBC expects a 33% upside on SRF shares
Shares of SRF Ltd. rose as much as 3% on Thursday, September 17, after HSBC reiterated its optimism on the stock’s prospects going forward, while maintaining its “Buy” rating. The brokerage set a target price of ₹3,300 per share on SRF, implying an upside of about 33% from Wednesday’s closing price of ₹2,480.10. HSBC said…
