Bajaj Housing Finance’s IPO launches September 9 with a price band of Rs 66-70 per share. The grey market premium indicates a 73% potential upside. Rs 6,560 crore is to be raised.
Jefferies views IndiGo as unique and strong franchise, raises target price to Rs 5,260
The IndiGo stock has underperformed following a significant miss in the company’s 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization