Check out the latest brokerage calls and analyst comments on the stocks in action today. Citi upgrades Reliance Industries to "Buy" with a target of ₹1,530, citing favorable risk-reward and expected improvement in refining margins, while Bernstein maintains an "Outperform" call on NTPC with a target of ₹440, driven by accelerating power demand and cost of debt advantage.
Open FlipHDFC Bank shares will be in focus on Monday as the bank finalizes the sale of a Rs 12,372 crore car loan portfolio, marking its second such transaction in two months. This move aims to reduce the bank's high credit-deposit (CD) ratio. India Ratings & Research, a Fitch affiliate, has assigned AAA rating to India Universal Trust AL2 under which the loans have been securitised.
Open FlipRVNL shares will be in focus on Monday after the firm announced that its JV, RVNL-SCPL has received a LoA worth Rs 837.67 crore from Eastern Railway. The order includes earthwork in cutting and filling, blanketing, construction of minor bridges, major bridges, RUB, ROB, retaining wall, level crossing, side drain, catch water drain, P.way work, and other ancillary works.
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