Hot stocks: Brokerage view on Ramco Cements, Tech Mahindra, Laurus Labs, Syngene and Cyient

July 26, 2024

Citi has maintained a sell call on Ramco Cements, raising the target price to Rs 750 from Rs 735. Despite stable EBITDA per ton, Ramco has lost market share by not selling at significantly lower prices. The stock is expected to underperform until the company resolves the conflict between market share and pricing.

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Jubilant FoodWorks reported 11.9% YoY growth in consolidated Q2FY27 revenue to Rs 26,087 million, while standalone revenue rose 11.6%. Domino’s India posted 4.1% LFL growth,

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