Brokerages retain bearish outlook on ACC post Q1 results

"Despite the weak earnings, we expect the stock to be supported given the upcoming open offer. Clarity on synergies from the acquisition and capacity expansion are key for further rerating," said CLSA, which has maintained an underperform rating with a target price of Rs 2,300.

from Stocks-Markets-Economic Times https://ift.tt/EeAqHWm
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