Brokerage house Goldman Sachs maintained a buy rating on Reliance but raised the target price to Rs 3,400 from Rs 2,925 earlier. The global investment bank sees a 17% EBITDA CAGR over FY24-27.
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain
India’s IPO market is set for another crowded week, with 16 issues opening for subscription across the mainboard and SME segments. The lineup is led
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