Pakistan’s stock market has surged over 40% this year, outperforming India’s relatively subdued 9% return. This rally is driven by retail investors shifting to equities amid low returns elsewhere and improved economic sentiment, with two ratings agencies upgrading the country. Indian markets faced headwinds from foreign investor outflows due to developed market performance and currency concerns, alongside slower earnings growth.
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