The brokerage, however, reduced the target price to ₹525 from ₹590 as REC is expected to see mid-teen growth instead of the 20% forecast earlier. The revised target price offers 39% upside potential from Monday’s closing price of ₹378.
Fund Manager Talk | FY26 earnings will grow by 12-13% after 5-6% downgrade: Srinivas Rao Ravuri
Srinivas Rao Ravuri, Chief Investment Officer at Bajaj Allianz Life Insurance, shares insights on equity markets, advising a long-term investment horizon amid global uncertainties. He