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News 2026-10-16 07:52 UTC

BUZZ — India's Wakefit Innovations rises as Axis Capital initiates with 'buy'

* Shares of India's Wakefit Innovations rise as much as 5.8% to 141 rupees * Axis Capital initiates coverage with "buy" rating and TP of 200 rupees, implying about 50% upside from brokerage's reference price of 133 rupees * Brokerage expects company to benefit from growing demand for home furnishings, expansion of orga