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Marico: Jefferies recommends Buy, price target at Rs 660 with 15% upsideMarico: Jefferies recommends Buy, price target at Rs 660 with 15% upside

Jefferies sees a 15% upside potential in Marico stock and has assigned a ‘Buy’ rating to the scrip, stating that the company’s outlook for the second half looks positive. “Commentary remains optimistic, with management. expecting an improving trend in 2H, led by volume pickup and continued momentum in international business. It has also reiterated its […]

Positive outlook for HDFC Life; insurance sector aims for 13-15% growth in new premiumsPositive outlook for HDFC Life; insurance sector aims for 13-15% growth in new premiums

During our discussions at the Jefferies Asia Forum, the management team of HDFC Life (including the CEO, EDCFO, and IR) emphasised the positive progress of their bancassurance partnership with HDFC Bank. They highlighted that there is a closer alignment between the two organisations at both the top management level and among the street-level teams. This […]