Citigroup recommends buying Divis Laboratories, citing reasonable valuations and sector tailwinds. JP Morgan maintains an underweight rating on Mazgaon Dockyard due to weak quarterly numbers and order delays. Morgan Stanley has an equal weight rating on Wipro, viewing its recent acquisition as revenue-accretive but margin-dilutive. Citigroup recommends buying Divis Laboratories, citing reasonable valuations and sector tailwinds. JP Morgan maintains an underweight rating on Mazgaon Dockyard due to weak quarterly numbers and order delays. Morgan Stanley has an equal weight rating on Wipro, viewing its recent acquisition as revenue-accretive but margin-dilutive.
Trending
- What is cashless bail? Trump signs executive orders to end ‘dangerous’ policy
- Collegium picks Chief Justices of Bombay & Patna HCs as judges of SC
- Shah: Dhankhar quit due to health issues, no truth in opposition’s claims
- PM: Countries following self-centred economic policies
- Trump: Putin won’t meet Zelenskyy as he ‘does not like him’; eyes Kim Jong Un, pushes Russia-China denuclearisation
- All food and textile items may be moved into 5% GST slab
- J&K bans pen drives on official devices, WhatsApp & PDF apps to process official information
- IMD predicts ‘severe’ weather, flash floods, cloudbursts, landslides in J&K