Investec brokerage firm upheld its buy recommendation for Hindalco, while Nuvama initiated coverage on Inox Wind and Suzlon Energy with buy ratings, respectively. Goldman Sachs has given LIC a neutral rating following its Q4 results.
Polycab India’s shares fell nearly 7% despite a 3.5% YoY net profit increase, driven by strong revenue growth but rising expenses. Analysts remain positive, with
Nestle India’s shares fell 2.2% after reporting a Q2 net profit of Rs 899 crore, slightly down year-on-year. Brokerages gave mixed reviews, with target prices
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