Citi Research raises Indus Towers' target price to Rs 320!
Tue, Feb 27, 2024 1:12 PM

Citi Research raises Indus Towers' target price to Rs 320!

A Flip by Avya Verma
Get it on Google Play
Citi Research raised its target price for the shares of Indus Towers Ltd to Rs 320 from Rs 265 on the back of the company's improving free cash flow generation, and pending completion of Vodafone Idea Ltd's fund raise due on February 27. The fund raise can drive further upside for Indus Towers and will be a key factor to monitor, said Citi Research.

More great flips

Rajesh Power Services IPO to open on November 25

Rajesh Power Services IPO to open on November 25

Rajesh Power Services will open its Rs 160-crore initial share sale for subscription on November 25. This would be the sixth IPO from the SME segment launching in current month despite subdued equity markets mood. The price band for the public issue has been fixed at Rs 320-335 per share. The institutional investors can participate in the anchor book of the offer for a day on November 22.

Open Flip
Ireland’s Outlook Raised to Positive by S&P on Tax Receipts

Ireland’s Outlook Raised to Positive by S&P on Tax Receipts

S&P Global Ratings put a positive outlook on Ireland’s credit rating, underscoring just how robust the country’s finances are ahead of next month’s general election. The ratings firm expects Ireland to use proceeds from corporate tax receipts to rebuild fiscal buffers. S&P currently scores the country eight levels above junk, having lifted the rating one notch to AA in May last year.

Open Flip
RBI prepares booklets in Santali language to create awareness among tribals

RBI prepares booklets in Santali language to create awareness among tribals

To create financial literacy awareness among the tribal population, the RBI, Odisha office has prepared five specific booklets in Santali (Ol Chik) language, an official said. Odisha CM Mohan Charan Majhi released the booklets at Bali Jatra in Cuttack on Friday. The booklets were prepared to commemorate 90 years of RBI’s operation in the country, the official said.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon