“Banks have individually communicated with the RBI after the liquidity deficit widened significantly at the end of December. The money market rates had shot up, making it more expensive for borrowers to raise funds in debt capital markets,” a source aware of the developments said.
Jefferies cuts KEI Industries target price by 11%. Will UltraTech’s entry put the company at risk?
Jefferies has cut its target price for KEI Industries by 11% to Rs 6,150, citing concerns over UltraTech Cement’s entry into wires and cables. The