On the Radar: Analysts are expanding coverage amid a sharp stock market rally

Brokerage houses are expanding the universe of stocks they cover amid a boom in the market. Several stocks in the mid-cap universe are being followed by more analysts today than they were a year ago.

For example, SBI Cards and Payment Services are now being pursued by 17 brokerage houses, compared to just four a year ago. Similarly, companies like V-Mart Retail, Ujjivan Small Finance Bank, Indian Energy Exchange, and Birla Corporation are being watched by 7-8 other analysts. Analyst coverage for more than three dozen companies from the BSE-500 universe has increased according to the …

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First published: Thu, June 24, 2021. 12:22 AM IST

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