Kotak Equities drops Samvardhana Motherson, adds 2 new stocks to portfolio

October 9, 2023

KIE removed Samvardhana Motherson from its recommended portfolio, while adding Cummins India and Colgate Palmolive instead. That said, KIE remains optimistic about Samvardhana Motherson’s fundamentals and long-term prospects even as it sees near-term headwinds from global growth challenges.

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