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Jefferies sees earnings revival for midcaps; prefers capex increase, PLI among themes — here are its top picks - Vimarsana News

Jefferies sees earnings revival for midcaps; prefers capex increase, PLI among themes — here are its top picks

Jefferies sees an earnings revival in mid-cap firms in financial year 2024 as commodity prices turn favourable and also expects the operating margins of midcaps to rise around 90 bps YoY.