The biggest upgrades and downgrades by Jefferies during the Q1 results season

ITC, Dr. Agarwal's, Gland Pharma and SRF feature among the top names that were upgraded by Jefferies during or after the June quarter results season, while Syrma SGS, Muthoot Finance, GAIL, IKS Health, Aegis Vopak were all downgraded by the brokerage during the same timeframe to "hold" from the earlier rating of "buy". Here are more details: