[ad_1] In a strategic shift, brokerage firm CLSA has raised its exposure to India while trimming its investments in China, citing expectations of stronger future inflows into the Indian market and growing concerns over China’s economic outlook. “We reverse our tactical allocation in early October, returning to a benchmark on China and a 20% overweight […]
Mahindra & Mahindra rises 3% after CLSA upgrades rating to ‘Outperform’ – CNBC TV18
[ad_1] Shares of Mahindra & Mahindra surged over 3% on Tuesday after brokerage firm CLSA upgraded its rating on the stock to ‘outperform’ from ‘sell’. CLSA also revised its target price to ₹3,400, suggesting an 11% potential upside from Monday’s closing price of ₹3,061.15. CLSA highlighted that the profitable growth in M&M’s SUV segment, along […]