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Shares of this logistics services provider have limited upside despite growth potential, Jefferies says

August 06, 2025 2 min read
author Anamika Mishra, Sub Editor
Shares of Aegis Vopak Terminals Ltd. have limited upside despite growth potential. In a notable shift in sentiment, global brokerage Jefferies has upgraded its view on the Nifty IT sector, one of the most underperforming segments of the Indian stock market in recent quarters. The brokerage has revised its stance from “Underweight” to “Neutral”, citing stabilizing trends in first quarter earning and a more balanced outlook for the sector. Once labeled as “the Street’s most hated” due to steep 25% decline from its peak, the IT sector has faced relentless selling pressure amid concerns over global macro headwinds and a slowdown in client spending. However, Jefferies now believed the

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