outperformers: Adani Enterprises, ONGC among 13 stocks on which Jefferies initiated coverage this year - Outperforming Rockstars
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May 19, 2024, 09:48:14 AM IST 1 / 14 Outperforming Rockstars Jefferies has initiated coverage on 13 Indian stocks in the calendar year 2024 so far, taking its total coverage universe to 188 with a combined market cap of US$3.4tr or 70% of India's listed market. The majority of the 13 covered stocks have been strong outperformers relative to the benchmark index. Here’s the list of 13 stocks in which Jefferies has initiated coverage: ETMarkets.com Over FY24-27E, The brokerage firm believes that network expansion and growing client vintage should drive 25% CAGR in active AUM of wealth business. Jefferies initiated a ‘buy’ on 360 Wealth with a target price of Rs 900. Getty Images A ‘buy’ rating and a target of Rs 3,800 is foreseeable as he company is riding on the strong Industry tailwinds in New Energy/sustainability, Airports, Infra, digitalisation, and import substitution in India. Reuters The global brokerage firm sees Bharti Hexac...