Latest news with #RahulJain


Business Insider
05-07-2025
- Business
- Business Insider
Goldman Sachs Sticks to Their Sell Rating for IDFC First Bank Ltd. (IDFCFIRSTB)
Goldman Sachs analyst Rahul Jain maintained a Sell rating on IDFC First Bank Ltd. yesterday and set a price target of INR55.00. The company's shares closed yesterday at INR77.88. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Jain covers the Financial sector, focusing on stocks such as Axis Bank Limited, Bajaj Finance Limited, and IDFC First Bank Ltd.. According to TipRanks, Jain has an average return of 9.8% and a 78.57% success rate on recommended stocks. Currently, the analyst consensus on IDFC First Bank Ltd. is a Hold with an average price target of INR61.50. Based on IDFC First Bank Ltd.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR53.53 billion and a net profit of INR2.96 billion. In comparison, last year the company earned a revenue of INR62.06 billion and had a net profit of INR7.32 billion


Business Insider
05-07-2025
- Business
- Business Insider
Goldman Sachs Sticks to Their Hold Rating for Bandhan Bank Ltd. (BANDHANBNK)
Goldman Sachs analyst Rahul Jain maintained a Hold rating on Bandhan Bank Ltd. yesterday and set a price target of INR187.00. The company's shares closed yesterday at INR179.98. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Jain is a 3-star analyst with an average return of 9.8% and a 78.57% success rate. Jain covers the Financial sector, focusing on stocks such as Axis Bank Limited, Bajaj Finance Limited, and IDFC First Bank Ltd.. In addition to Goldman Sachs, Bandhan Bank Ltd. also received a Hold from UBS's Vishal Goyal in a report issued on July 2. However, on the same day, Bank of America Securities maintained a Buy rating on Bandhan Bank Ltd. (NSE: BANDHANBNK). Based on Bandhan Bank Ltd.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR21.95 billion and a net profit of INR3.18 billion. In comparison, last year the company earned a revenue of INR58.83 billion and had a net profit of INR546.26 million


Business Insider
05-07-2025
- Business
- Business Insider
Goldman Sachs Remains a Buy on Axis Bank Limited (AXISBANK)
In a report released yesterday, Rahul Jain from Goldman Sachs maintained a Buy rating on Axis Bank Limited, with a price target of INR1,555.00. The company's shares closed yesterday at INR1,177.60. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Jain covers the Financial sector, focusing on stocks such as Axis Bank Limited, Bajaj Finance Limited, and IDFC First Bank Ltd.. According to TipRanks, Jain has an average return of 9.8% and a 78.57% success rate on recommended stocks. Currently, the analyst consensus on Axis Bank Limited is a Moderate Buy with an average price target of INR1,312.67, which is an 11.47% upside from current levels. In a report released on June 30, J.P. Morgan also maintained a Buy rating on the stock with a OTHER1,315.00 price target. Based on Axis Bank Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR202.87 billion and a net profit of INR74.75 billion. In comparison, last year the company earned a revenue of INR378.36 billion and had a net profit of INR75.99 billion


Business Insider
05-07-2025
- Business
- Business Insider
Goldman Sachs Sticks to Their Buy Rating for Shriram Finance Limited (SHRIRAMFIN)
In a report released yesterday, Rahul Jain from Goldman Sachs maintained a Buy rating on Shriram Finance Limited, with a price target of INR825.00. The company's shares closed yesterday at INR676.15. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Jain covers the Financial sector, focusing on stocks such as Axis Bank Limited, Bajaj Finance Limited, and IDFC First Bank Ltd.. According to TipRanks, Jain has an average return of 9.8% and a 78.57% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Shriram Finance Limited with a INR762.80 average price target, which is a 12.82% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a INR800.00 price target.


Business Insider
05-07-2025
- Business
- Business Insider
Goldman Sachs Remains a Hold on ICICI Bank Limited (ICICIBANK)
In a report released yesterday, Rahul Jain from Goldman Sachs maintained a Hold rating on ICICI Bank Limited, with a price target of INR1,597.00. The company's shares closed yesterday at INR1,442.80. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Jain covers the Financial sector, focusing on stocks such as Axis Bank Limited, Bajaj Finance Limited, and IDFC First Bank Ltd.. According to TipRanks, Jain has an average return of 9.8% and a 78.57% success rate on recommended stocks. ICICI Bank Limited has an analyst consensus of Strong Buy, with a price target consensus of INR1,579.00. Based on ICICI Bank Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR797.47 billion and a net profit of INR135.02 billion. In comparison, last year the company earned a revenue of INR671.82 billion and had a net profit of INR116.72 billion