Brokerage firm BofA Securities has given a buy rating on Muthoot Finance and Zomato, and a neutral rating on Bandhan Bank and Divi’s Laboratories. The global investment bank has maintained a buy rating on Muthoot Finance with a target of Rs 1200 and upgraded Zomato to buy with a target price of Rs 85. On the other hand, BofA Securities maintained a neutral rating on Bandhan Bank with a target price of Rs 280 and Divi’s Laboratories with a target price of Rs 3250. Morgan Stanley also maintained an overweight rating on Delhivery with a target price of Rs 370 post March quarter results.
IIM Ahmedabad employee fooled in Rs 50 lakh bogus SME IPO pitch via WhatsApp trading scam
An IIM-Ahmedabad manager was swindled out of nearly Rs 50 lakh in an elaborate online trading scam. Lured through a Facebook link to a WhatsApp