While all rating firms still maintain that the Adani entities have the ability to meet payment schedules, changing perceptions could immediately tighten liquidity for the capital-intensive group that has deployed funds in long-gestation infrastructure projects.
Molbio Diagnostics shares rally 9% as Jefferies initiates ‘high conviction top pick’ call for recently listed stock. Why is it bullish?
Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high-conviction top pick. The brokerage set a Rs 1,600