Midcap IT stocks tank: Here’s why Persistent Systems, Coforge shares fell up to 9%

For Coforge, 27 out of the 38 analysts that cover the stock have a “buy” rating, four say “hold”, while seven of them have a “sell” rating.

For Coforge, 27 out of the 38 analysts that cover the stock have a “buy” rating, four say “hold”, while seven of them have a “sell” rating.

Forex traders said uncertainty over the India-US trade deal has been a huge overhang for the forex market, leaving the rupee trading in a tight range.

Ashwini Agarwal, Founder & Partner at Demeter Advisors, believes that wealth and asset management firms offer the strongest franchise value, followed by exchanges and then brokerages. He notes that overall valuations across these segments remain expensive and require careful consideration.

DAM Capital said that there is a strong pipeline of 27 IPO mandates and multiple QIP mandates going forward, which will result in a higher volume of execution in the coming quarters, subject to market conditions.

According to the letter, the facility’s methods, controls, and overall operations failed to comply with Current Good Manufacturing Practice (CGMP) regulations.

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Any potential deal would be beneficial for Tata Motors as it will benefit the Slovakia plant, which is a key one for Jaguar Land Rover.

Earlier this week, brokerage firm Motilal Oswal initiated coverage on VA Tech Wabag with a “buy” rating and a target price of ₹1,900 per share.

Prominent institutions who own stake in IEX, include ICICI Prudential MF (4.73%), SBI MF (9.57%), Mirae Asset MF (2.35%), and PPFAS MF (5.06%).

On Thursday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.