LIC has raised its stake in Tech Mahindra to 10.84% despite a 10% YTD stock decline, signaling confidence in the IT major’s long-term growth potential amid weak global tech spending.
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap
Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates, citing stronger competition from
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