Brokerage house Motilal Oswal Financial Services has initiated covering Cello Word stock, indicating an uptick of 31% from the counter's current market price. According to the brokerage's analysis, Cello has a strong brand reputation and a wide distribution network, making it a prominent participant in all of its product categories. Growing TAM across categories Cello, which operates in a variety …
The auto sector witnessed a healthy rebound in terms of demand, supply chains, and operational costs after overcoming its numerous macro as well as sector-specific challenges. Read here: Q2 earnings review: Topline growth slows further, margins improve 2W in focus as MHCVs remain stable Positive on 2Ws and cautious on PVs: The brokerage noted that India is already witnessing a …
