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Broker call● Neutral for Welspun Corp
Welspun Corp long-term story; PB Fintech faces business model reset: Siddhartha Khemka
The brief
- Welspun Corp’s strong order wins support its long-term growth story
- PB Fintech faces a business model reset
- Welspun Corp’s order outlook supports the stock; PB Fintech faces uncertainty around its business model
- Indian stock market slides, but 28 Nifty 500 stocks hit fresh 1-year highs this week; MCX, PVR Inox among them
- Welspun Corp hits record high, PB Fintech rebounds; Ola Electric, Meesho fall on Nifty500 market open