Axis Securities has issued a BUY recommendation for Man Infraconstruction Limited with a target price of Rs 240, representing a 21% upside from its current market price of Rs 198.
The National Highway Authority of India (NHAI) is planning to reduce its debt by half by year 2030 and also projecting revenue surplus by 2028. NHAI debt is currently rated AAA by rating agencies.
Likhitha Infrastructure has set its IPO price band at Rs 117-120 per share as per the information shared by the company with media. The IPO will open on September 29.
Angel Broking has suggested BUY Calls for Axis Bank and infrastructure major Larsen & Toubro. For private sector banking major Axis Bank, Angel Broking has given a price target of Rs 500.