Brokerage firms have issued varied ratings on several Indian companies. Bernstein initiated coverage on Vishal Mega Mart with an ‘underperform’ rating, while Motilal Oswal has a ‘neutral’ stance on KEI Industries. Nuvama recommends a ‘buy’ for Godrej Properties, and Investec upgraded Vedanta to ‘buy’. DAM Capital Advisors also suggests a ‘buy’ for Affle India, citing growth strategies.
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