Rakesh Jhunjhunwala's below ₹100 stock gets 'buy' tag from Anand Rathi2 min read . Updated: 09 May 2022, 11:57 AM IST
- Rakesh Jhunjhunwala portfolio: Anand Rathi believes that Federal Bank share price may go up to ₹115 in long term from current ₹91 levels
Rakesh Jhunjhunwala portfolio stock Federal Bank announced Q4 results on Friday, which is seen as a weak earning quarter by majority of the market analysts. However, Anand Rathi believes that earning of the south Indian bank will improve in upcoming quarters. The brokerage believes that Federal Bank share price may go up to ₹115 in long term from current ₹91 levels, logging around 26 per cent appreciation from current market price.
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