Nomura has kept a ‘Buy’ rating on Axis Bank, highlighting its attractive valuations and strong RoA/RoE outlook, with a target price of Rs 1,230, implying a 20% upside.
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap
Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates, citing stronger competition from
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