Finance
Finance & Investments - Gold Loan
from 225 today
CGCL reported its highest-ever quarterly profit of INR 3.5 bn, up 106% YoY and 29% QoQ, driven by margin expansion and improving operating efficiency. While the operating performance and medium-term outlook remain healthy, the stock has rallied ~30% over the past six months, prompting a revision in rating to Hold from Buy purely on account of recent stock performance.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
