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Nomura initiates coverage on Wakefit with Buy, targets ₹200

Wakefit Innovations Ltd shares are in focus Sept. 3 after Nomura initiated coverage with a ‘Buy’ call and a ₹200 price target, implying around 31% upside from the stock’s close.

WAKEFIT

Shares of D2C home and furnishings brand Wakefit Innovations Ltd. will be in focus on Thursday, September 3, after brokerage firm Nomura initiated coverage on the stock with a ‘Buy’ recommendation and a price target of ₹200 per share.The target implies an upside of around 31% from the stock’s closi…