Jefferies initiated coverage on Adani Power with a buy rating and Rs 195 target, citing improved profitability from new thermal tariff power purchase agreements. Nomura maintained its buy on ITC with a Rs 540 target, expecting a paperboard business recovery. Citigroup raised Hyundai Motor India’s target to Rs 2,900, driven by strong festive demand and GST rate cuts.
Adani Power, ITC & more: Top stocks to buy on November 3 — check list
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