Day: December 31, 2022

HDFC Bank: Jefferies retains ‘Buy’ rating with target of Rs 2,030, sees 33% upside potentialHDFC Bank: Jefferies retains ‘Buy’ rating with target of Rs 2,030, sees 33% upside potential

Jefferies has retained a ‘Buy’ rating for HDFC Bank with a target price of Rs 2,030. This revised target sees a 33% upside target. The share price of HDFC Bank gained 0.46% to 1,534 during the intra-day trade on Thursday. “Over the next three years, we expect HDFC Bank to deliver 16-17% Cagr in earnings […]

Private equities, Venture Capitals cash in on market rallyPrivate equities, Venture Capitals cash in on market rally

Offers for sale by private equity (P/E) and venture capital (VC) firms have been significantly higher than fresh issuances of capital between 2018 and 2023. Sales by PEs and VCs amounted to around $26 billion compared with about $10.4 bn worth of capital issuances, according to an analysis by Kotak Institutional Equities (KIE). In 2023 […]