Jefferies and CLSA remain most optimistic and advised their clients to ‘buy’ L&T shares. Both brokerages see upside potential in the range of 25-30% from the current levels.
Technology to drive consolidation in broking and asset management: Saurabh Mukherjea
Saurabh Mukherjea of Marcellus Investment Managers anticipates profit margin compression in the AMC sector due to increased competition. He suggests potential US tariffs on India