Following India’s sovereign rating upgrade by S&P, domestic firms like Credila and Muthoot Finance are actively pursuing offshore fundraising, aiming for over $2 billion. This move is expected to lower borrowing costs, though tax cuts and US tariffs introduce some risks. Market anticipates potential Fed rate cut may further influence fundraising strategies.
Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?
Polycab shares have fallen 17% from their June peak after UltraTech entered the wires and cables segment. Jefferies retained its Buy rating and Rs 11,100