Credit Suisse initiates coverage on Delhivery with 'outperform'; CLSA bullish on Lemon Tree - Economic Times

On JSW Steel, this brokerage believes that the stock trades at an expensive valuation despite the recent correction. It values the scrip at 6.5 times FY24 Ebitda to arrive at a target of Rs 425. The brokerage has lowered its FY23 and FY24 Ebitda estimates to …

Credit Suisse (CS) has initiated coverage on Delhivery with an 'outperform' rating due to favourable industry structure and structural growth in e-commerce volumes. The same brokerage has maintained … [+2341 chars]

full article...