If elevated oil prices persist, the brokerage warns of a potential 3040% earnings correction, in line with past periods of prolonged demand slowdown and cost pressures ... .
CLSA upgrades Bharti Hexacom to hold with a target price of Rs 1,510, citing limited near-term downside despite current trading above target price ... .
The recent correction in IT stocks has brought valuations closer to their 10-year averages. CLSA believes this creates a favourable risk-reward setup for investors ... .
Nifty 50 could rally more than 40% to around 31,700 in the long term if it manages to hold above a key technical support zone, according to CLSA strategist Laurence Balanco ... .
According to the latest report, the company is entering a "sweet spot" of a cyclical upswing that spans both Indian and European markets, driven by fleet replacement cycles ... .
CLSA has reiterated a high-conviction outperform on Coforge with a Rs 2,426 target, saying the IT firm is well insulated from financial risks at key client Sabre and positioned to benefit from AI-led... .