Hong Kong-based CLSA too maintained a ‘Buy’ stance on the counter, arguing for a favorable risk-to-reward ratio. The stock jumped nearly 2% on the NSE to attain its day’s high of Rs 482.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,