“Margin improvement is volatile as the small impact on utilisation for its network impacts the margin as pricing power is limited,” said the brokerage, while slashing its target price from ₹600 to ₹488.
Bajaj Auto shares rose on Tuesday after the two- and three-wheeler maker reported a 28% year-on-year increase in August sales. Strong export growth drove the
ITC shares rose, while Happiest Minds fell, after ITC Infotech announced plans to acquire and merge with the Bengaluru-based IT services firm. ITC Infotech will
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