Jefferies' buy call on #MaxFin: Target price at ₹1,700/sh, #...

Jefferies’ buy call on #MaxFin: Target price at ₹1,700/sh, #AxisMaxLife’s CEO sought early retirement from Sep-25 that comes as a tad setback. Smooth succession will be key and internal elevation may be preferred. Correction may be an opportunity to add
Jefferies’ buy call on #Nuvama: Target price at ₹8,000/sh, #Q4 revenue rose by 30% YoY & profit by 39%, both ahead of est. Key positive is net flows were healthy at 5% of ops. Profit growth was led by the #cap mkts segment
Jefferies on #Metals & #Mining: Positive on #IndiaSteel as cos offer strong 8-10% volume CAGR over FY25-27. Safeguard duty aiding profitability. Preferred Buys – #TataSteel, target at ₹200/sh & initiate buy on #JindalStainless, target ₹800/sh. Retain buy on
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