Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmarks NSE Nifty 50 and BSE Sensex broke their two-day slide on Monday. Sensex rose by 0.41% to 65,216.09, and Nifty 50 increased by 83 points, settling nearly at 19,400 at 19,393.6. In the broader markets, Nifty Next 50 jumped 0.8% while the smallcap […]
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Jefferies sees 2% downside potential for Zydus; puts ‘Hold’ rating with target price of Rs 630Jefferies sees 2% downside potential for Zydus; puts ‘Hold’ rating with target price of Rs 630
Jefferies has put a ‘Hold’ rating on Zydus Lifesciences with a target price of Rs 630 after the company received approval for Clindamycin Phosphate Gel USP from the United States Food and Drug Administration (USFDA). Jefferies evaluated the 2% downside potential of the company and said that, “We value Zydus Lifesciences’ core business at 23x […]