Axis Securities’ Neeraj Chadawar suggests the H-1B visa changes pose a sentimental, not structural, challenge for Indian IT. While short-term consolidation is expected, companies’ adaptability and diversification efforts mitigate major risks. Investors should strategically adjust IT allocations, focusing on domestically-oriented sectors poised for growth due to the government’s shift towards consumption-driven policies.
Vedanta Aluminium at earnings inflection point? Here’s why Motilal Oswal sees 21% upside
Motilal Oswal has reiterated its Buy rating on Vedanta Aluminium Metal with a target price of Rs 540, implying 21% upside. The brokerage expects EBITDA