Buy Nuvoco Vistas, target price Rs 420: HDFC Securities

HDFC Securities recommends buying Nuvoco Vistas Corporation with a target price of Rs 420. The company's current market price is Rs 354.5. Nuvoco Vistas Corporation, operating in the Cement sector, reported a net loss in the latest quarter. The acquisition of Vadraj is expected to enhance volume growth visibility and regional sales diversification, making it a strong investment opportunity.