CLSA Cuts Ashok Leylands Earnings Estimate On Falling Volume Assumption

[ad_1] CLSA Ltd. has reduced Ashok Leyland Ltd.’s earnings estimates by 3.3%, citing a decrease in volume assumption. However, its FY25 estimates are “largely unchanged”. The brokerage maintains a ‘buy’…

Selling pressure in Chinese stocks ‘has passed its strongest point’, CLSA says

[ad_1] Chinese stocks have seen the worst selling pressure, indicated by many underweight positions among global funds, according to CLSA, a unit of China’s biggest securities firm. An imminent pause…

Sula Vineyards jumps 9% as CLSA initiates coverage with ‘Buy’ rating

[ad_1] Shares of Sula Vineyards (Sula) surged 9 per cent to Rs 371 on the BSE in Wednesday’s intra-day trade in an otherwise range-bound market…