Nomura initiates coverage on Clean Max with Buy rating, targets Rs. 1,510
Nomura initiated coverage on Clean Max Enviro Energy Solutions with a 'Buy' rating, setting a target price of Rs. 1,510 and citing potential for more than 20% upside.
New Delhi, Sept.
1 -- Shares of Clean Max Enviro Energy Solutions could offer more than 20% upside, according to global brokerage Nomura, which has initiated coverage on the renewable energy company with a 'Buy' rating.
The brokerage has set a target price of Rs.1,510, compared with the stock's clo…