Citi downgraded TCS, Tech Mahindra, and LTIMindtree, citing weak demand. Jefferies lowered PI Industries’ target price but maintained a ‘buy’ rating. Goldman Sachs recommended buying Aurobindo Pharma, foreseeing biosimilar monetization and new growth avenues. Elara Securities upgraded BEML to ‘reduce’. Axis Securities highlighted high-dividend-yield stocks, including Vedanta, Coal India, and Hindustan Zinc.
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