Godrej Properties gains 5% as BofA upgrades stock to 'Buy'
Fri, Nov 22, 2024 5:40 PM

Godrej Properties gains 5% as BofA upgrades stock to 'Buy'

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Shares of Godrej Properties surged nearly 5 percent after Bank of America (BofA) upgraded the stock to a 'Buy' rating from 'Neutral' and raised its target price to Rs 3,600 from Rs 3,500, citing an attractive risk-reward profile following the recent correction. At 1 PM, Godrej Properties was trading 4.5 percent higher at Rs 2,828. The stock has gained over 40 percent year-to-date.

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