Prabhudas Lilladher Capital maintains a positive long-term outlook on Indian equities, projecting a Nifty bull case target of 27,590, while revising its 12-month base case target to 25,521 due to global and domestic macroeconomic headwinds. They highlight geopolitical tensions, weakening domestic demand, and earnings downgrades as key concerns, impacting various sectors differently.
Tata Consumer shares jump 3% after Q1 results. Here’s why Nomura, Motilal see strong upside potential
Tata Consumer Products shares rose 3% after the FMCG major reported a 27.8% YoY jump in Q1 FY27 net profit to Rs 427 crore, while