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Indo-MIM hits 10% upper circuit as HDFC Securities initiates Buy

Indo-MIM shares rose to the 10% upper circuit limit for a third straight session after HDFC Securities initiated coverage with a Buy rating and a price target implying over 33% upside.

Indo-MIM shares hit the 10 percent upper circuit limit on Monday, extending gains for a third straight session after HDFC Securities started coverage on the stock with a Buy rating and a price target that implies upside of over 33 percent. 45 per share.