Tata Group’s non-banking arm Tata Capital ($300 million), Prem Watsa-backed IIFL Finance ($300 million) and Anil Agarwal’s Vedanta Resources ($500 million) are ready to hit the market, as they seek to stay away from the market in the initial weeks of the Trump presidency, these people said. The first issue is likely to happen as early as Monday.
CLSA flags margin recovery ahead for HDFC Bank, predicts 27% headroom despite weak start to the year
CLSA has reiterated its “Outperform” rating on HDFC Bank, setting a target price of ₹1,200 and implying over 27% upside from current levels despite recent