Jefferies has increased its target price for Belrise Industries to Rs 250, maintaining a positive outlook. The auto component maker is experiencing strong earnings growth and securing new orders. Belrise is also expanding its global presence in aerospace and defence sectors. This strategic diversification is expected to drive future growth and profitability for the company.
QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impact
Rising fuel and LPG prices are impacting India’s consumption landscape unevenly. While some sectors like QSR face margin compression due to high LPG dependence, others