rose 3.5 percent to Rs 838 per share on June 18 after global brokerage firm Nomura upgraded its rating on the stock to “buy.” It also raised the target price to Rs 1,050 from Rs 700, indicating a potential upside of 25 percent from current levels. Though the stock has fallen 13 percent so far this year, it has regained some momentum in the last month, rising by around 7 percent.

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