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Recommendation: Buy; Target price: ₹4000

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On January 31, the Reserve Bank of India (RBI) ordered Paytm Payments Bank to impose limitations on Paytm.

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The monetary policy committee (MPC) of the RBI maintained the same repo rates at 6.5%.

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Spot gold was up 0.2% at $2,037.80 an ounce.

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The FMCG division of the Tata Group had a consolidated net profit of ₹364.43 Crore during the December quarter of the previous year.

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Recommendation: Add; Target price: ₹5200

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RBI Governor Shaktikanta Das reiterated the FY25 CPI inflation projection of 4.50%.

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All listed companies are required by the market regulator SEBI to keep a minimum of 25% of their shares open to the public.

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The price band for the IPO is set at ₹393 to ₹414 per equity share

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Revenue increased to ₹5,197.4 Crore from ₹4,322.2 Crore in the same quarter last year.

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