Analysts of IIFL Capital Services note, during Q3, 7 companies announced new capacities or shared plant wise details aggregating to 50m MT
Recommendation: Add; Target price: ₹1200
Recommendation: Reduce; Target price: ₹3080
Growth in auto volumes to aid year-on-year performance.
Recommendation: Add; Target price: ₹410
Bank and IT stocks witnessed gains, while RIL faced losses. Nifty PSU and IT indices each rose over 1%, and India VIX increased by 5%
Profits could grow at a strong pace.
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