Technology

Due to the development regarding the cobra post expose on DHFL, we recommend a Neutral rating on the stock, given the significant uncertainties that now surround the stock.

Hence, in our opinion, it will take long time for the dust to settle and for the company to regain investor confidence. Considering the above issues, we believe that the risk reward is not favourable at the current juncture. Thus, we recommend a Neutral rating on the stock.

Download Full Report