Jefferies has initiated coverage on Belrise Industries with a ‘Buy’ rating and a target price of Rs 135, citing strong earnings growth potential backed by rising two-wheeler demand, product premiumisation, and the company’s expansion into four-wheeler and export markets.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to