The revision reflects macroeconomic challenges such as persistent inflation, weak urban demand, and revised EPS projections for FY25–27, according to the brokerage.
Shares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese data centre equipment imports. The
The Indian quick-service restaurant (QSR) sector is entering a favourable phase after a challenging period, according to Motilal Oswal Financial Services. The brokerage believes easing
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