In any industry, environmental, social, and governance issues pose serious risks to operations and profits. Investing in profitable companies with unsafe workplace practices or a history of oil spills (disregard to the planet) may seem lucrative now, but it won’t pay off in the end.
Hot Stocks: Brokerage view on Lupin and Gujarat Gas; Marico gets an upgrade
Investec raised Marico’s rating from hold to buy, while Jefferies upheld a buy rating for Godrej Consumer. JPMorgan continued to rate Gujarat Gas as underweight