Jefferies and Morgan Stanley have released their recommendations on various companies. Jefferies maintained a buy rating and a target price of Rs 1550 on IndusInd Bank. Meanwhile, Morgan Stanley maintained its overweight stance and target price of Rs 125 on Bank of India. For Britannia Industries, Morgan Stanley suggested buying with a target price of Rs 5300, while Jefferies gave a buy rating on the firm’s shares. However, it remained underweight on Aditya Birla Fashion with a target price of Rs 195, despite the lower-than-anticipated balance sheet impact.
Sustained deal momentum, discretionary pick up hint at a better FY26 for Infosys
Infosys reported better-than-expected revenue and net profit growth for Q4 2024, increased its FY25 revenue guidance, and plans to hire more freshers. The steady recovery
January 16, 2025