A piece of fuselage tore off an Alaska Airlines jet on Friday following takeoff from Portland, Oregon, forcing pilots to turn back. Jefferies said in a note that the latest Boeing incident could slow aircraft production if manufacturing and installation processes are subject to further regulatory probes.
Jefferies cuts KEI Industries target price by 11%. Will UltraTech’s entry put the company at risk?
Jefferies has cut its target price for KEI Industries by 11% to Rs 6,150, citing concerns over UltraTech Cement’s entry into wires and cables. The