ICICI Securities has maintained a Buy rating on Steel Authority of India, setting a target price of Rs 225, implying a 36% upside from the current market price of Rs 165.
News in Focus


Axis Securities has maintained its Buy rating on Bank of Baroda, though it has trimmed the target price to Rs 290 from Rs 315, implying an 18% upside from the current market price of Rs 246.6.

Axis Securities has reiterated a Buy rating on Greenply Industries Limited, raising its target price to Rs 355 from Rs 340, implying a 19% upside from the current market price of Rs 298.

Axis Securities has reiterated a Buy rating on SBI Life Insurance Limited, setting a target price of Rs 2,350, implying a 27% upside from the current market price of Rs 1,859.


ICICI Securities has maintained its BUY call on Jana Small Finance Bank, lifting the target price to Rs 600 from Rs 535 and implying about 20% upside from the current market price of Rs 498.
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Invest4Edu Private Limited has initiated coverage on Honasa Consumer Limited, the parent of Mamaearth and a stable of digital-first beauty brands, with a BUY rating and a target price of Rs 570 — implying roughly 21% upside from the current market

Motilal Oswal Financial Services has reaffirmed its bullish stance on IIFL Finance, maintaining a BUY rating and raising its target price to Rs 700, implying an upside of roughly 23% from the current market price of Rs 570.
The leading UV maker in the Indian market, Mahindra & Mahindra is putting in every effort to ensure that it takes it s sedan Logan in the Indian market to new heights.
While the Bajaj-Renault-Nissan partnership has been official as all the parties have recently signed an agreement to develop a ultra-low-cost (ULC) car for the Indian market but it has been learned from the sources that it can also face a situation where the partners can even confine their relationship to sharing a platform which will produce vehicles for their exclusive needs.
With a view to keep up with the rising automobile demand in the Indian pre-owned car market, M&m recently said that the company is planing to hire over 250 people by 2015 for its pre-owned vehicles business. Keeping in mind the fact that the company is the leading multi-brand pre-owned car company in the Indian market, the optimism on the segment is very much obvious as the sales in the automobile industry is rising by leaps and bounds.
The country's leading multi-brand pre-owned car company, Mahindra FirstChoice recently said that the company is targeting unit sales of close to one lakh units by the year 2014 in the domestic market.
After proving its point in the Indian entry-level segment with the launch of Discover, Bajaj Auto has once again decided to focus on off-beat segment like the cruiser in order to ensure a complimentary portfolio under its umbrella.
There is no denying to the fact that the Indian passenger car industry has been on a roll for the past few years now, all thanks to the rising consumer demand and the level of disposable income. 








