It includes
Results
Hindalco: Novelis 4Q results unimpressive; new funding plans can cause turmoil;
retain
ADD
Dredging Corporation of India: Weak operating performance; upgrade to ADD
based on attractive valuations
Change in recommendations
GAIL (India): Upgraded to ADD on favorable reward-risk balance (20%)
Updates
Economy: Further monetary tightening imminent as inflation keeps its tryst with
double-digit destiny
Banks/Financial Institutions: Higher inflation may lead to higher rates
Mid-cap Radar: Scalable Opportunities conference
(Download Full Report Here)
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