While some analysts cut their earnings expectations from SBI for FY23 following the disappointing quarter, others retained their bullish ratings citing cheaper valuations. Morgan Stanley said SBI’s valuations at one time FY24 book are attractive. CLSA increased its price target on the stock to factor in the higher price targets of its subsidiaries.
Tata Tech hopes to achieve 20-21% margin in next 2-3 years: Warren Harris
Warren Harris, CEO of Tata Tech, discusses the company’s focus on margin preservation and growth in the EV sector. Tata Tech aims to achieve a