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Ambit initiated a "Buy" rating on GMM Pfaudler with a 24-month target of 2,400, citing an 89% upside driven by end-user capex rebound and diversification strategies.
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In December, 34 mutual fund NFOs raised Rs 13,852 crore, with 33 open-ended and one close-ended fund. Sectoral and thematic funds led with Rs 11,337 crore. Key launches included funds from Aditya Birla, Axis, Bajaj Finserv, and ICICI Prudential. Index funds raised Rs 1,361 crore, and multi-asset allocation funds mobilised Rs 470 crore.
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News and Media
The supermarket says the increase will "help manage a particularly tough cost inflation environment"
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News and Media
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