A weak performance likely during the quarter.
JFS is the recently demerged financial services arm of Reliance Industries, led by Mukesh Ambani.
Recommendation: Reduce; Target Price: Rs 1550
Recommendation: Add; Target Price: Rs 2850
IndusInd Bank's board of directors will assess the proposal to raise Rs 20,000 crore through debt securities on a private placement basis.
Recommendation: Buy; Target Price: Rs 5100
Recommendation: Buy; Target Price: Rs 1430
In addition, JLR has announced the hiring of Richard Molyneux as Chief Financial Officer.
Petrol and Diesel prices in cities across India on 22-07-2023
The local currency commenced trading at 82.01 per dollar, slightly lower than the previous day's closing rate of 81.98.

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