Global View: Vedanta, Bharti Airtel and IGL could give 15-30% return in 12 months
Indian market is likely to move higher on Wednesday, tracking positive global cues, but there will be stock-specific action in which global brokerage came out with their reports on business development, or earnings outlook.
JPMorgan upgraded Vedanta to overweight from neutral post December quarter results and raised the target to Rs 465 from Rs 375 which translates into an upside of over 26 per cent from Rs 369 recorded on 8 February. Source: Pixabay