Nomura has downgraded Siemens to neutral from buy as it has turned cautious after a strong share price rally. It sees potential order inflow growth weakening to low double digits.
Muthoot Finance shares tumbled over 10% after the gold loan lender reported slower AUM growth and margin pressure in the June quarter. While brokerages flagged
Tata Motors CV rose sharply after the company reported a 37% year-on-year jump in July commercial vehicle sales. While Nomura remains cautious on near-term demand,
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