Morgan Stanley maintained an underweight rating on Amara Raja with a target price of Rs 967. MS thinks that the company now matches Exide on capability but needs to catch up on customer wins and in the ramp-up timeline.
Top 10 blue-chips’ share of India’s m-cap drops to lowest since 2017
India’s top 10 listed blue-chip companies are experiencing a decline in market capitalisation share. This decline is attributed to sustained foreign portfolio investor selling and