Morgan Stanley has maintained an Equal weight’ stance on the Marico stock for a price target of Rs 553. In a note it said that the environment of no to low top-line growth persists which is a constraint on profitability in the general trade channel and remains an overhang for the FMCG sector as a whole.
Texmaco Rail could be railway sector’s dark horse: Mayuresh Joshi
Mayuresh Joshi discusses the railway sector’s potential, highlighting positive budgetary allocations and new projects. While manufacturing stocks like Titagarh and Texmaco Rail face margin constraints,