Investment bankers in Mumbai have seen a 41% increase in fee income, reaching $967.5m, during the first nine months of 2023, despite a decline in deals. This is the highest fee collection by deal makers since records began in 2000. Completed M&A advisory fees rose by 34% to $362m, while equity capital market underwriting fees increased by 38% to $194.3m.
Jefferies is bullish on Adani Ports and 5 other logistics sector stocks. How many do you have?
Jefferies has shared an optimistic forecast for six logistics stocks, highlighting anticipated price hikes. Among them, Adani Ports is projected to rise by 20% from