Bernstein has initiated coverage on Vishal Mega Mart with an ‘underperform’ rating and a target price of Rs 90, citing increasing competition and peak margin profile. Motilal Oswal Financial Services has a ‘neutral’ call on KEI Industries with a target price of Rs 3,000, highlighting strong demand for cables and growth concerns. Nuvama has a ‘buy’ rating on Godrej Properties with a target price of Rs 2,429, noting record pre-sales but concerns about housing volumes. Investec has upgraded Vedanta to ‘buy’ with a target price of Rs 510, citing strong cost position and monitorable issues. DAM Capital Advisors has a ‘buy’ rating on Affle India with a target price of Rs 1,730, emphasizing growth strategies and AI adoption for better returns.
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KIIT's unlawful acts led to suicides: UGC panel
KIIT-Bhubaneswar NEW DELHI: The UGC's fact-finding committee has held KIIT Deemed to be University responsible for the suicides of two students, citing unlawful activities and failure to address sexual harassment complaints. The report recommends actions against university officials, highlights inadequate facilities, and criticizes the administration for prioritizing reputation over student welfare. Explain It To Me Like I'm 5: A report from a committee found that KIIT University in Bhubaneswar was responsible for the deaths of...
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