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Philip Capital has recommended Sell of IREDA for 54% downside

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Jul 15, 2024 at 11:42 AM.

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Vidhi Khanna Active Member Staff Member

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Philip Capital has recommended Sell of IREDA for 54% downside on the basis that the rally is driven by passive flows and not any major fundamental reason & that the best is already priced into the stock. High exposure to pvt segment undermines confidence. ROA to decline. Govt holds 75% equity

Vidhi Khanna, Jul 15, 2024 at 11:42 AM

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