Jefferies maintains a “Buy” rating on Shriram Finance with a target of Rs 3,670, citing strong growth. JPMorgan holds a “Neutral” stance on HDFC Bank at Rs 1,750, acknowledging its “safe haven” status but highlighting growth concerns. UBS reiterates a “Sell” rating for Hero MotoCorp at Rs 3,430, anticipating intensified EV competition and financial pressures.
Ola Electric shares dip 4% as CCPA seeks more documents amid probe
Ola Electric Mobility shares dropped 4% as the CCPA requested more documents for their investigation into alleged rights violations. The company faces regulatory challenges and