BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America downgrades IRB Infra to neutral
The stock has outperformed and run ahead of fundamentals. Revival in traffic growth is already factored into our estimates. IRB seems best-placed versus peers due to strong cash flows.