Brokerage UBS upgraded rating on Eicher Motors to Buy while Jefferies initiated coverage on Syrma SGS and Kaynes Technologies. Nomura also shared its views on oil marketing companies (OMCs) in the light of a Rs 2 per litre cut in petrol and diesel prices. We have collated a list of recommendations from top brokerage firms … Read more
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
ET Intelligence group: Syrma SGS, a Chennai-based manufacturer of electronic components, plans to raise Rs 766 crore through a fresh issue of shares to fund capital expenditure towards research and development and to meet long-term working capital requirements. Also, the promoters will offload shares worth up to Rs 73 crore. With an export focus, the … Read more