ICICI Securities: ICICI Securities Sees 32% Upside in Retail and FMCG IPO - Reaffirms 'Buy' Call
Amidst a shifting landscape in India's value retail and FMCG ecosystem, ICICI Securities has maintained its bullish stance on Vishal Mega Mart (VMM), issuing a reaffirmed 'BUY' rating with a target price of INR 140 per share, translating to a 32% potential upside from the current market price of INR 106 per share. The brokerage's [...]
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ICICI Securities provides institutional and retail broking, investment banking and wealth management services to corporates and financial institutions.
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