Schaeffler India, 2 more midcap stocks get ratings upgrade from Kotak Equities. Here’s why

Auto components manufacturers Schaeffler India, Timken India and SKF India have been upgraded to ‘Add’ from an earlier ‘Sell’ rating by Kotak Institutional Equities, which sees good entry points in these midcap stocks following a 17-22% correction over the past 6 months. While Schaeffler has fallen by 17%, Timken and SKF’s declines stand at 20% … Read more