Buy, Sell, or Hold? Nuvama maintains Hold on Gujarat Gas; Morgan Stanley underweights Dalmia Bharat

Brokerages are taking a careful look at industrial and infrastructure stocks. Gujarat Gas faces margin pressure due to policy changes and a shift in sales mix. KEI Industries shows strong performance with good margins and capacity expansion. Dalmia Bharat is prioritizing volume growth amidst weak pricing in its key markets. These insights guide investor decisions.