Nuvama upgraded United Spirits to buy, raising target price to Rs 1,630 from Rs 1,195, citing strong cost controls and healthy margins. Reasons include margin outperformance, growth potential in premium categories, upcoming festive season, H2 demand recovery, Karnataka tax benefits, Andhra policy changes, and potential India-UK FTA.
Senco Gold shares gain 6% on strong Q2 business update; revenue rises 31% YoY
Senco Gold shares rose after the jewellery retailer reported a strong Q2FY27 business update. The company said demand remained robust, driven by festive buying, steady