Hot Stocks: Brokerage view on PNB, L&T Finance, Marico and Indian Hotels

October 5, 2023

Morgan Stanley maintained an underweight rating on L&T Finance with a target price of Rs 110. The retail loan book continued to scale in Q2, and the disbursements remained robust. Retailization of loan book and retail loan book growth continues to be on track.

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Godavari Biorefineries collects Rs 166 crore from anchor investors ahead of IPO

Godavari Biorefineries Ltd raised over Rs 166 crore from anchor investors including HDFC Mutual Fund and Goldman Sachs prior to its IPO. The IPO, including

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Persistent Systems Q2 results: PAT jumps 23% YoY to Rs 325 crore, revenue up by 20%

Persistent Systems reported a 23.4% jump in PAT to Rs 325 crore and a 20% YoY increase in revenue. The company’s revenue for the second

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