Kotak initiates coverage on this Tata stock. Should you buy?

Kotak initiates coverage on this Tata stock. Should you buy?

Citing rich valuation, domestic brokerage firm Kotak Securities initiated coverage on with a reduce rating with a target of Rs 1,320, an upside of 6% from the current market price of Rs 1,243. The brokerage said it likes Trent’s ability to conceptualize and scale up new formats within short periods of time. It also forecasts … Read more