Stable rates to further the lending activity and improve the real estate demand.
We expect inflation to average at 5.6% in FY24.
Recommendation: Add; Target Price: Rs 252
Next few months would be a good opportunity to add duration to the portfolio with a 12-month investment horizon.
The last hike of 25 bps was in February 2023.
Consolidated revenue climbed 17.6% sequentially from Rs 12,737.37 crore in the previous quarter.
Vi Business will use the synergies it has with Yotta as a result of this partnership to provide its enterprise clients integrated connectivity, cloud, and security solutions.
The partnership aims to electrify middle-mile and last-mile delivery processes for the e-commerce giant in India
The amended deadlines for listing certain securities and the other activities related to the public offering were laid forth in a Securities and Exchange Board of India (Sebi) circular dated August 9.
Recommendation: Buy; Target price: Rs 635
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