Even if you see some element of volume happening, the LME pricing is not supportive at all and because of that the entire operating leverage might not get played out.
UBS upgrades Bajaj Finance shares, LT Finance as it sees NBFCs better placed than banks. Here’s why
UBS upgraded Bajaj Finance to Neutral and L&T Finance to Buy, citing improving asset quality and a revival in unsecured lending. The brokerage sees scope