Weekly Fundamental Insights With Rini Mehta | 24th April 2023

Highlights of 24th April Fundamental Weekly Podcast:- Nifty Index lost 1.14%, while Sensex lost around 1.28%.- BSE Midcap and BSE SmallCap outperformed with gains of around 0.4% and 0.25%.- Indian equity markets were circumspect as they absorbed the weak earnings prints of major IT companies for Q4FY23.- Fll continues to be a net buyer to the tune of Rs. 317 crores, till date in April'23.- PICK OF THE WEEK – CLEAN SCIENCE TARGET - Rs 1810- The demand and growth outlook for the company remains positive, with new products and capacity expansions expected to drive rapid growth in the coming years.- Competitive risks do exist, but we find valuations more realistic now and upgrade to ADD.