<ul><li>Cello World stock rose over 7% after Kotak upgraded the stock to 'buy'.</li><li>Kotak attributed the recent stock correction to weak growth trends and delays in commissioning its glass furnace.</li><li>The brokerage cut its revenue and margin estimates, resulting in a lower earnings per share forecast for Cello World.</li><li>Kotak flagged rising competition in the opalware segment but believes volume growth will cushion the impact on realizations.</li></ul>

Cello Share Price Rises Over 7% After Kotak Upgrades Stock To ‘Buy’

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