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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 and maintained a neutral stance on Lupin.
Any correction in Navin Flurine's stock price based on cyclical factors is a favourable buying opportunity for investors, says JM Financial
KIE feels the recent the 20 percent surge in the stock price of Tata Steel in the past two months has stretched its valuations beyond fundamentals, making the risk reward unfavourable.
The diagnostics player reported a 52.4 percent year-on-year rise in consolidated net profit at Rs 109.3 crore for the July-September quarter of the current financial year
Tata Steel UK: Tata Steel's share price reached a 52-week high after announcing a joint agreement with the UK government to invest in steelmaking at the Port Talbot site. Domestic brokerage Nuvama Institutional Equities has a 'buy' rating for Tata Steel stock with a target price of ₹142.