BofA sees strong first quarter for Indian nternet platforms
Investing.com -- Bank of America said most listed Indian internet companies under its coverage are positioned to gain market share and show margin improvement in a favorable regulatory environment. The bank maintains Buy ratings on Eternal, Delhivery and Paytm.
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Investing.com -- Bank of America said most listed Indian internet companies under its coverage are positioned to gain market share and show margin improvement in a favorable regulatory environment. The bank maintains Buy ratings on Eternal, Delhivery and Paytm. It holds Neutral ratings on Meesho, Nykaa and Infoedge despite steady to improving business trends, citing balanced risk-reward. Eternal showed strong performance in both quick commerce and food delivery compared to Swiggy.
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- Investing.com -- Bank of America said most listed Indian internet companies under its coverage are positioned to gain market share and show margin improvement in a favorable regulatory environment. The bank maintains Buy ratings on Eternal, Delhivery and Paytm.
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- 1 outlet, average source rating 6.0/10.
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- 1m ago.
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BofA sees strong first quarter for Indian nternet platforms
Sources1TypeCoverageInvesting.com · Stock Market