Recommendation: Reduce; Target price: ₹2100
On January 31, the Reserve Bank of India (RBI) ordered Paytm Payments Bank to impose limitations on Paytm.
The monetary policy committee (MPC) of the RBI maintained the same repo rates at 6.5%.
The FMCG division of the Tata Group had a consolidated net profit of ₹364.43 Crore during the December quarter of the previous year.
Recommendation: Add; Target price: ₹5200
RBI Governor Shaktikanta Das reiterated the FY25 CPI inflation projection of 4.50%.
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