fintech / news / / Times of India
Citigroup initiated its coverage of Pine Labs with a buy rating and a target price of Rs 235.
Citigroup initiated Pine Labs coverage with a buy rating, citing sustained monetization improvement trajectory.
KEY POINTS
- Jefferies downgraded Indus Towers to underperform, citing site-renewal risks impacting revenue in 2026–2027.
- Groww is expected to achieve 30% revenue CAGR over FY26–FY28, with best-in-class profitability.
- RBI returned Ujjivan SFB’s universal bank license application, citing inadequate loan portfolio diversification.
- Jindal Saw’s order book is at an all-time high, with rising exports reducing domestic capex dependence.
COMPANIES
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