India’s stock market downturn has severely impacted the broking industry, with trading volumes and investor confidence plummeting. Zerodha’s Nithin Kamath noted the business is experiencing de-growth for the first time, as investors adopt a cautious, wait-and-watch approach.
Vedanta Aluminium at earnings inflection point? Here’s why Motilal Oswal sees 21% upside
Motilal Oswal has reiterated its Buy rating on Vedanta Aluminium Metal with a target price of Rs 540, implying 21% upside. The brokerage expects EBITDA