From SRF to Tata Chemicals: Morgan Stanley downgrades chemicals stocks, foresees ongoing challenges

From SRF to Tata Chemicals: Morgan Stanley downgrades chemicals stocks, foresees ongoing challenges

Morgan Stanley’s latest report on chemical stocks reflects cautious sentiment, foreseeing ongoing challenges for the sector in the near term. It believes that the chemicals sector is still not out of the woods and advises remaining on the sidelines until an earnings upgrade cycle occurs. The brokerage also expressed a preference for commodity chemicals amidst … Read more

Stocks to watch: Sun Pharma, Adani Ports, IREDA, Hitachi Energy, BHEL, PI Industries

Stocks to watch: Sun Pharma, Adani Ports, IREDA, Hitachi Energy, BHEL, PI Industries

Adani Ports & SEZ: Adani Group is preparing a $3 billion fund to increase its global ports capacity and establish a significant presence in the corridor connecting India to Europe via Central and West Asia. The group plans to increase its port capacity from 600 million metric tonnes per annum (MMT) to 800 MMT in … Read more