IndusInd Bank has encountered one of its most turbulent quarters in recent memory, and LKP Research has acted swiftly in response, slashing its rating to REDUCE and assigning a revised 12-month tar
News in Focus
Motilal Oswal has reiterated a BUY recommendation on Sun Pharma, assigning a target price of Rs 2,000, implying a 16% upside from its current market price of Rs 1,719.
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In a strategic response to a softening casino market in Atlantic City, the Borgata Hotel Casino & Spa has launched a sweeping expansion of its gaming and dining experience.
Indian markets are expected to open flat today after yesterday's decline. However, overall sentiment in the markets still looks positive.
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Main Regional Stories
ICICI Securities has reiterated a BUY call on V-Guard Industries, raising its 12-month target price to Rs 440 from Rs 410, reflecting a 17% upside from the current market price of Rs 377.
IndusInd Bank has found itself navigating treacherous waters, with ICICI Securities downgrading the stock from HOLD to SELL, citing governance irregularities, executive instability, and accounting concerns in its microfinance portfolio.
Following global cues and technical factors, along with continued FII selling pressure, the market is being pushed to lower levels. Today, the market fell by nearly 203 points and closed near the 24,469 level.
ICICI Securities has reiterated its BUY recommendation on JSW Energy (JSWE), revising the 12-month target price to Rs 612, reflecting a 26% upside from the current market price of Rs 487.
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TopNews Hindi
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- IREDA के शेयरों में 1.14 प्रतिशत की गिरावट; टियर-2 बॉन्ड से Rs. 910 करोड़ जुटाए
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- टाटा स्टील (Tata Steel), जिंदल स्टेनलेस, SAIL शेयरों में उछाल; चीन की उत्पादन कटौती से बढ़ी उम्मीद
