KIMS’s share price jumped 4% in morning trade after HSBC initiated coverage with a “Buy” rating.
With a “Buy” rating and a target price of ₹3,300 per share, HSBC has initiated coverage on Krishna Institute of Medical Sciences (KIMS), implying a 20.7% increase from the stock’s September 12 closing price of ₹2,734. The initiation demonstrates HSBC’s confidence in KIMS’s development potential and operational efficiency.
Stock prices fluctuate during the trading day because of several variables. Investors should conduct their own research and weigh market risks before making investment decisions.
As of 9:34 am, KIMS shares were trading 2.79% higher at Rs 562.45 on the NSE.
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