Amber Enterprises was given a buy rating by Jefferies with a target price of Rs 3,120, owing to the expected growth of the domestic AC industry. Financial services company Motilal Oswal downgraded AU Small Finance Bank to a neutral buy with Rs 830 target price due to its rising cost of funds likely to impact its margins. JPMorgan remained neutral on Asian Paints with a Rs 3.128 target price.
India’s rich pivot to real estate after stock returns falter
Investors in India are increasing their allocations towards high-yielding assets in real estate and logistics. Recent data shows a significant rise in investments through Alternative