A bathymetric study is being conducted in the Pallikaranai marshland to determine the volume of sludge that can be dredged to improve its water holding capacity and ecological functions. This study is in response to the National Green Tribunal’s concerns about encroachments in the area and aims to define clear boundaries for preservation. Bathymetry, which involves measuring underwater topography, is crucial for enhancing the marsh’s sustainability and biodiversity.
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Buy or sell: Stock recommendation by brokers for July 31
HSBC has initiated coverage on Ather Energy with a buy rating, while UBS has issued a sell recommendation for Tata Motors. Jefferies maintains a buy rating on L&T with an increased target price, Morgan Stanley holds an underweight rating on Asian Paints, and CLSA keeps a hold rating on Piramal Enterprises, also raising the target price. Want More Context? 🔎
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