Path to recovery could be longer, analysts of IIFL Securities see FY24 distribution to be flat YoY with higher interest outflow offsetting any NOI increase.
The Scheme would invest in Securities covered by S&P BSE Housing Index and debt and money market instruments.
NTPC is also planning to come up with initial public offering for its renewable energy arm NTPC Green Energy Ltd (NGEL) to raise funds
The introduction of the Paytm UPI SDK is an additional feature within the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank.
The Scheme would invest in Securities covered by Nifty50 Equal Weight Index and debt and money market instruments.
Recommendation: Buy; Target Price: Rs 220
Amount will be raised through issuance of convertible securities, non-convertible debentures etc.
- By R. Venkataraman, Chairman, IIFL Securities
Recommendation: Buy; Target price: Rs. 510
Recommendation: Buy; Target Price: Rs 4750