[ad_1] New Delhi: The private sector lender, which has underperformed Nifty Bank in the last two years, could grow up to 26 per cent in the next one year and also have a market capitalization of $100 billion in the next four years, said a foreign brokerage firm. Goldman Sachs said in a report. “we believe May join the ranks of banks with USD 100 billion in market cap by FY27E as all factors to deliver sustainable and strong volume and operating profit growth in this cycle as it puts…
Tag: Goldman
Delhi Share: Goldman Sachs launches coverage on Delhivery; Jefferies Bearish on Metal Stocks
[ad_1] New Delhi: With the results of the first quarter of the financial year 2022-23 coming out, foreign brokers have become cautious about the Indian stock markets. Goldman Sachs begins coverage delhivery with a neutral rating, while Jefferies maintained a bearish outlook metal stock, Goldman Sachs set a target price of Rs 540 on Delhivery as it rolled out coverage on a logistics startup with a ‘neutral’ rating. It sees Delhivery as a profitable e-commerce growth proxy with massive leverage. It said the company will achieve higher margins from increased…