1. CLSA maintained a buy rating on REC and Devyani International. 2. Macquarie has a neutral rating on Thermax and an underperform rating on Jubilant FoodWorks. 3. Jefferies maintained a hold rating on Oberoi Realty. 4. CLSA on REC: Buy| Target Rs 160 5. CLSA on Devyani International: Buy| Target Rs 205 6.
IDFC First Bank shares slide 4% on posting 58% YoY decline in Q4 profit. Should you buy, sell or hold?
IDFC First Bank’s shares are under scrutiny following a 58% YoY drop in Q4 net profit, attributed to a decline in its microfinance loan portfolio.