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Shares of Prestige Estates dropped 5% after Morgan Stanley downgraded the stock to 'Underweight' citing slower pre-sales growth and reduced FY25 estimates, with a revised target price of Rs 1,510.
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News and Media
Hyundai Motor India shares rose nearly 2% to Rs 1,926 after Morgan Stanley and JPMorgan initiated coverage with an overweight rating. Both brokerages highlighted the companys strong growth potential, strategic positioning in the SUV and electric vehicle segments, and attractive valuation metrics as key factors for their positive outlook.
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News and Media
Mahindra & Mahindra's stock rose 2.7% after launching new EVs BE 6e and XEV 9e, receiving positive brokerage reviews, with a target price of Rs 3,700 from Nuvama.
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News and Media
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