Brokerages remain bullish on select stocks despite near-term challenges. Motilal Oswal maintains a Buy on LG Electronics India citing strong demand, while Nuvama backs PG Electroplast despite LPG disruptions. JM Financial sees long-term upside in Belrise Industries following its strategic acquisition in the aerospace and defence segment.
West Asia conflict drives 15-20% rise in corporate working-capital demand at banks
Working-capital demand from banks has increased significantly due to the ongoing conflict in West Asia. Higher raw-material costs and elongated shipping timelines have led to