Hot Stocks: Brokerages on HAL, Dixon Technologies, Suprajit Engineering and Delhivery
Macquarie maintained an outperform rating on Delhivery but raised the target price to Rs 520 from Rs 460 earlier. It is our preferred India e-commerce proxy, said the note. The brokerage firm sees a 19% 5-year revenue CAGR with net profit breakeven in FY25.
