Macquarie raises Zomato’s target price to Rs 130 but maintains an ‘underperform’ rating due to growth risks. Zomato’s competitor Swiggy also attracts mixed ratings from brokerages.
Mumbai’s retail investors seek higher returns. They are investing in high-yield corporate bonds. RBI’s rate cuts push them towards state-guaranteed papers and NBFC bonds. Online
Indian fertilizer and chemical sectors have seen gains, but face challenges. Rising raw material costs like rock phosphate and sulphur are squeezing margins, despite government
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