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Citigroup has a buy rating on Bharti Airtel with the target price at Rs 2,225. Analysts said the telecom services major had a steady July Sept quarter (Q2FY26), with India mobile, homes, and business segments all modestly above expectations. They said India mobile revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) grew 2.5-4%…
Morgan Stanley has an overweight rating on Kotak Bank with the target price at Rs 2,600. Analysts said they were positive on the lender’s broad-based loan growth as well as moderation in asset quality stress. Net interest margin (NIM) was down 11 basis points on the quarter as unsecured loans mix moderated. They feel NIM…
Kotak Institutional Equities have a sell recommendation on Cochin Shipyard with the target price at Rs 860. Analysts said that the government has announced a Rs 70,000 crore package to boost domestic shipbuilding through capital support, legal reforms, and demand aggregation from oil & gas public sector units. This, coupled with CSL’s MoU with HD…
