According to Raamdeo Agrawal of Motilal Oswal, Indian equities may yield a promising fifteen percent annual return over the upcoming five years. However, foreign investors are currently drawn to more dynamic markets like South Korea and the US, deterred by India’s capital gains tax and currency instability.
Tata Consumer shares rally over 4% after Q2 results. Why brokerages remain bullish despite target price cuts
Tata Consumer Products reported 16% year-on-year profit growth in Q2FY27, while brokerages retained positive ratings but cut target prices amid inflationary pressures. Jefferies, Nuvama, Elara