
Raj Gaurav Rai
Fund Houses Recommendations* Macquarie on *JSW Steel:* Upgrade to Outperform on Company, raise target price at Rs 1077/Sh from Rs 884/Sh (Positive) Macquarie on *Hindalco:* Maintain Outperform on Company, raise target price at Rs 760/Sh from Rs 597/Sh (Positive) Macquarie on *Coal India:* Maintain Outperform on Company, raise target price at Rs 541/Sh from Rs…

Raj Gaurav Rai
Morning Alert.. *FPIs invest Rs 15,352 cr in Indian equities during the first two weeks of July* Foreign investors infused Rs 15,352 crore into Indian equities during the first half of this month, driven by the government’s commitment to ongoing reforms, low US Federal rates, and strong domestic demand. The upcoming Union Budget will be…

Raj Gaurav Rai
IIFL Finance Announces Commencement of Special Audit IIFL Finance has recently announced the initiation of a special audit as directed by the Reserve Bank of India (RBI). This supervisory action by the RBI stems from concerns regarding certain loan disbursement practices at IIFL Finance. As a measure to ensure transparency and regulatory compliance, the company…
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