Mahindra Holidays and Resorts India reported a 94% plunge in third-quarter profit on Thursday, dragged by a one-time charge following the roll-out of India’s new labour codes and slower membership growth.
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
Bajaj Finance shares jumped 3% on Wednesday following bullish brokerage calls. Global brokerages Jefferies and UBS issued positive outlooks, with Jefferies maintaining a Buy rating
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