Recommendation: Add; Target price: ₹1200
Entero Healthcare aims to raise ₹1,000 Crore through the fresh issue component and ₹600 Crore via an offer-for-sale (OFS) route.
Bank and IT stocks witnessed gains, while RIL faced losses. Nifty PSU and IT indices each rose over 1%, and India VIX increased by 5%
Recommendation: Buy; Target price: ₹7200
Central Board of Direct Taxes (CBDT) reported that provisional figures for direct tax collections indicate consistent growth.
The bank saw an improvement in asset quality, with gross non-performing assets (NPAs) falling to 7%
Recommendation: Reduce; Target price: ₹3080
Recommendation: Add; Target price: ₹410
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