“Bidding for the debt sale is likely on January 17th. It will be an AT-1 issuance with a call option after 10 years and every year thereafter,” a source aware of the development said.
Jefferies has cut its target price for KEI Industries by 11% to Rs 6,150, citing concerns over UltraTech Cement’s entry into wires and cables. The
Bernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings drivers. The brokerage has
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