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ICICI Prudential Life

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  1. 1

    Tata Elxsi shares rose about 7% after the company reported its second-quarter results, standing out in a mixed day for Indian markets alongside ICICI Prudential Life and Hero Motors. Despite the rally, Morgan Stanley and Motilal Oswal both reiterated bearish calls on the stock, warning investors against reading too much into the quarter. The gap between the price jump and broker scepticism is drawing attention.