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.
Global Market Today: Oil falls, Asian stocks rise as Iran tensions ease
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as