BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Kotak initiates Equitas Holdings with reduce
Kotak has initiated coverage on Equitas Holdings with a "reduce" rating for a target price of Rs 180. We find current valuation expensive. Strong management and healthy balance sheet is key. Better return ratios will continue.