Hong Kong-based CLSA too maintained a ‘Buy’ stance on the counter, arguing for a favorable risk-to-reward ratio. The stock jumped nearly 2% on the NSE to attain its day’s high of Rs 482.
Rajeev Agrawal from DoorDarshi India Fund explains that Trump’s tariffs will start high to push negotiations and significantly impact the US consumer first. India, with
Pashupati Advani of Global Foray anticipates positive surprises in companies with lower tariffs and those leveraging arbitrage opportunities. He discusses the implications of tariff uncertainty
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