Amnish Aggarwal shares his cautious outlook on FMCG stocks, highlighting recent re-ratings and potential bottom-fishing post-results. He discusses the prospects of the Hyundai IPO, the competitiveness of Ola Electric in the EV market, and compares the potential growth of Maruti and Hyundai in India’s auto sector. Investors are advised to stay vigilant.
Hindustan Zinc shares can rally to Rs 660, says Jefferies after initiating with Buy. Here’s why
Hindustan Zinc share price surged after Jefferies initiated coverage with a ‘Buy’ rating, targeting Rs 660. Record silver prices and strong cost efficiency are driving