“While the consensus earnings for FY2024-25 are in the low teens, we expect the growth to be more in 2H,” he said, explaining that elections and heat waves slowed down economic activities during the quarter.
Jefferies increases weight in Reliance, 2 others; trims weight in 3 stocks in latest model portfolio changes. See list
Jefferies has boosted its investment stance on Reliance Industries, citing appealing valuations and an outlook for upgrades. Additionally, the firm has raised its stakes in