CLSA downgrades HDFC Bank, cuts target price; stock down 1%
Analysts at CLSA expect HDFC Bank's net interest margin (NIM) recovery to be more U-shaped rather than V-shaped.
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Jefferies expects Paytm to turn profitable in next 4 quarters
Jefferies has set a target price of ₹1,300 for Paytm, a 34% upside compared with its closing price on October 19.
HUL douses distributor ire over low margins, says will do whatever it takes
Chairman & MD Sanjiv Mehta says the company will ensure its general trade distributors get a fair ROI. In Q3 of FY22, HUL's volume growth was 2%.
Analysts raise red flag on falling margins
Reports from various equity research and ratings agencies said margins were under pressure due to rising costs.
