Hot Stocks: Brokerage views on Sun Pharma, Phoenix Mills, Kotak Mahindra Bank & M&M
The stock will likely go through a period of time correction, BofA said. The global investment sees a lack of meaningful catalysts in the near term that could boost the stock price. Estimates for M&M are 10-12% below the street. The global investment banks also see uncertainty on the farm business outlook.
