Buy, Sell or Hold: Motilal Oswal recommends buy on CreditAccess Grameen; Nuvama maintains buy on APL Apollo
Brokerages are optimistic about select Indian stocks despite sector-specific challenges. Nuvama maintains a 'Buy' on APL Apollo Tubes, expecting healthy profitability despite recent volume dips. Meanwhile, Motilal Oswal reiterates its 'Buy' for CreditAccess Grameen, seeing it emerge stronger from microfinance sector stress with a resilient portfolio and promising growth prospects.