Top brokerages have issued bullish recommendations for select stocks. CLSA has maintained an outperform rating on Sun TV, raising the target to Rs 720. InCred has upgraded Divi’s Laboratories to Add. Meanwhile, JPMorgan maintains an overweight rating on Exide Industries, with a target price of Rs 520.
Sonata Software sinks 15% as Q3 profit drops sequentially on margin erosion
Sonata Software shares plunged 15.1% after reporting a 1.4% sequential decline in Q3 profit to Rs 105 crore, impacted by margin erosion due to a