Anant Raj shares can rally up to Rs 750 after 32% drop in 1 month, says Nomura while initiating coverage

Shares of real estate and data center infrastructure firm Anant Raj could rally up to Rs 750, representing a 23% upside, after a sharp decline over the past month, according to Nomura, which initiated coverage on the stock with a “buy” rating.

The brokerage believes the recent 32.4% plunge in…