scorecardresearchWhy HDFC Sec has a sell call on these 2 retail stocks?

Why HDFC Sec has a sell call on these 2 retail stocks?

Updated: 17 Aug 2022, 03:58 PM IST
TL;DR.
However, in spite of the impeccable quarter, brokerage house HDFC Securities have 'sell' calls on 2 retailers - TCNS Clothing and Bata India. This comes even after both these firms posted robust earnings in Q1.
However, in spite of the impeccable quarter, brokerage house HDFC Securities have 'sell' calls on 2 retailers - TCNS Clothing and Bata India. This comes even after both these firms posted robust earnings in Q1.

However, in spite of the impeccable quarter, brokerage house HDFC Securities have 'sell' calls on 2 retailers - TCNS Clothing and Bata India. This comes even after both these firms posted robust earnings in Q1.