The gross buy-to-sales ratio for these funds also moderated to 1.1 in July compared with the one-year average of 1.2. The ratio depicts the strength of investment. The gross purchase of local funds at Rs 80,131 crore was the lowest in fourteen months.
BlackBuck gets Buy rating as Ambit sees strong growth ahead, values stock at Rs 885
Ambit Capital initiated coverage on Zinka Logistics, parent of BlackBuck, with a Buy rating and Rs 885 target price. The brokerage highlighted BlackBuck’s emergence as