Godrej Properties Shares Rise 2% as Jefferies Recommends 'Buy', Sees 35% Upside
Shares of Godrej Properties surged 2% today following a positive recommendation from Jefferies, which has set a target price indicating a potential 35% upside. The global financial services firm has upgraded the stock to a "buy," citing strong growth prospects driven by the company's robust project pipeline and expanding market presence. Jefferies expects Godrej Properties to continue benefiting from a favorable real estate market in India, bolstered by increased demand for residential and commercial properties. Investors reacted positively to the optimistic outlook, pushing the stock higher in early trading.

Comments
Post a Comment