The use of alternative investment funds (AIFs) for circuitous routing of funds into stressed entities or to circumvent norms around funding raises questions on whether regulations should be eased, Ananth Narayan, whole time member of Sebi, said on Thursday. Speaking at a conference organised by the Confederation of Indian Industry, he said AIFs are structured […]
Day: October 31, 2023
Eicher Motors: Jefferies sees 22% upside potential; retains Buy with target at Rs 4150Eicher Motors: Jefferies sees 22% upside potential; retains Buy with target at Rs 4150
Jefferies has retained a ‘Buy’ rating for Eicher Motors with a revised price target of Rs 4,150. This revised target sees a 22% upside target. The share price of Eicher Motors soared nearly 4% intra-day following this upside revision. “We believe time is ripe to buy EIM given alleviating competitive concerns, along with tailwinds of […]