Coforge, TechM, Infosys, TCS: Morgan Stanley cuts targets for IT stocks amid risks to valuation multiples
On Coforge, the brokerage cut its target price to Rs 9,400 from Rs 11,500. It reduced its target on TCS to Rs 3,950 from Rs 4 ...
Moody's projects India's growth to exceed 6.5% next fiscal, up from 6.3% this year
India's economic growth will exceed 6.5% in the next fiscal, up from 6.3% this year, said Moody's Ratings on Wednesday. It cited the higher government capex and consumption boost from tax cuts and ...