Morgan Stanley remains overweight on the stock with a target price of ₹1,475 apiece. “Margin improved quarter-on-quarter despite higher rates,” Morgan Stanley said in a client note. “(The) management guided to growth acceleration and better loan mix, asset quality. We raise estimates while valuations are attractive at current levels.”
Boeing shares rise 5% despite higher than expected Q2 loss on Air Force One costs
Boeing posted a wider-than-expected Q2 loss after a $280 million Air Force One charge, but shares rose 5% as positive free cash flow and higher