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Ola Electric, Swiggy among 7 stocks on which brokerages initiated coverage – In spotlight

JPMorgan has initiated an ‘Overweight’ rating on Hyundai, setting a target price of Rs 2,200.

The brokerage views Hyundai as a key beneficiary of India’s passenger vehicle market growth and the ongoing premiumization trend. It anticipates a recovery in the passenger vehicle industry in the second…

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