Buy, Sell or Hold: Nuvama retains buy on CEAT; Antique recommends a hold on KEC International
Brokerages are optimistic about Ceat due to the Camso acquisition, projecting enhanced exports and margins, while Antique maintains a Hold rating on KEC International, acknowledging multi-segment growth but citing valuation concerns. Citi adds Jubilant FoodWorks to its watch list, anticipating growth from innovation and expansion despite recent underperformance.