Top brokerage firms have shared their recommendations on some Indian companies. BofA Securities maintained a buy rating on SBI with a target price of Rs 1030, while Jefferies downgraded JK Cement to hold with a target price of Rs 3260. JPMorgan remained overweight on Coal India with a target price of Rs 290. CLSA maintained a buy rating on Tata Motors with a target price of Rs 624 and Citi maintained a buy rating on Policybazaar with a target price of Rs 820.
NaBFID eyes tieups with multilateral funding agencies
The National Bank for Financing Infrastructure and Development (NaBFID) plans to partner with multilateral funding agencies for blended finance to boost sustainable urban infrastructure development