Brokerages are divided on how a potential easing of India’s restrictions on Chinese firms bidding for government contracts could affect Bharat Heavy Electricals Ltd. While Jefferies flags competitive risks if curbs are lifted, JM Financial argues that any relaxation, especially at the component level, would lower costs, improve execution and leave BHEL’s market position largely intact, underpinning its positive long-term outlook on the stock.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20