Finance News – India
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Ambuja, Ultratech top cement bets as long-term tailwinds emerge, says Nomura
Nomura highlights Ambuja and Ultratech as attractive investments given their strong volume growth, cost efficiencies, and favorable market conditions, while recommending caution on...
Read Full Article →Auto ancillary stocks shift into top gear but caution lights flash
Auto ancillary shares experienced notable gains driven by overall market strength, yet concerns about weakening demand, narrowing profit margins, and global risks suggest cautious...
Read Full Article →I-Sec maintains Hold on Century Plyboards, lowers target price to Rs 743
ICICI Securities' revised valuation of Century Plyboards reflects cautious expectations due to margin challenges in laminates and MDF, despite the company’s solid revenue increase...
Read Full Article →JM Financial maintains Buy on Welspun Living; lowers target price to Rs 200
JM Financial continues to recommend purchasing Welspun Living shares, adjusting the projected stock value to Rs 200 amid improved quarterly income and profit, while factoring in ma...
Read Full Article →Will FY26 be much better than FY25 for IT and will the margins expand? Kunal Tayal answers
BofA Securities expects modest revenue growth near 3% for the IT industry in FY26, with profit margins likely under pressure despite ongoing cost reduction efforts and stable banki...
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