Morgan Stanley initiates coverage on CG Power, sets Rs 799 target; stock jumps 4%
Global brokerage Morgan Stanley initiated coverage on CG Power and Industrial Solutions, a multibagger that has delivered 3,252.67% returns in the past five years, with an ‘Overweight’ rating and a target price of Rs 799. Following this, the stock advanced 4.3% to an intraday high of Rs 724 on the BSE on Monday. Morgan Stanley … Read more