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Welspun Corp in focus after Jefferies starts Buy, sets ₹3,250 target

Welspun Corp Ltd. shares are in focus Thursday, Sept. 3, after Jefferies initiated coverage with a ‘Buy’ rating and a ₹3,250 per-share price target.

WELCORP

Shares of Welspun Corp Ltd. will be in focus on Thursday, September 3, after brokerage firm Jefferies initiated coverage on the stock with a ‘Buy’ rating and a price target of ₹3,250 per share.The target implies an upside of around 29% from Wednesday’s closing price of ₹2,524.According to Jefferies…