The stock surged 20.15% to close at ₹8.17. Citi reaffirmed its buy rating on the stock with a price target of ₹12, while CLSA upgraded its rating to outperform and raised its price target to ₹10 from ₹6.
Broad-based revival in rural demand improvement in incomes: Nabard Survey
A NABARD survey reveals a significant boost in rural economic momentum, with 80% of households reporting higher consumption over the past year. This rise in