Brokerage firm Nuvama maintained a buy rating on MGL, CLSA initiated coverage on Syrma SGS Technology with a buy rating, CLSA maintained a sell rating on Jubilant FoodWorks, and UBS maintained a buy rating on BEL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nuvama on MGL: … Read more
Bhanu Prakash Srivastava, CMD, BEL, says “we have already reached close to around Rs 23,200 crore, which is higher than the annual sales guidance we have given. The reason is some of the procurement processes have been fast-tracked by MoD. So, one or two more orders are there in the pipeline. I envisage orders to … Read more
Indian market closed higher on Monday for the second consecutive day in a row. The S&P BSE Sensex rallied more than 700 points while the Nifty50 reclaimed 16,200 levels. Sectorally, buying was seen in IT, metals, banks, capital goods, and the public sector while marginal selling was seen in FMCG stocks. Stocks that were in … Read more