Transforming Moodbidri s traditional waterbodies thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Shares of state-owned banks, non-banking finance companies (NBFCs) and infrastructure firms plunged as much as 10% on Monday following the Reserve Bank of India s tougher draft guidelines on the financing and accounting of project loans.
The proposed stricter lending criteria, with additional provisioning, are aimed at preventing accounting shocks but could potentially hurt balance sheets of these entities and exert pressure on their valuation multiples, analysts and economists said.
Prabhudas Lilladher is berish on Sona BLW Precision Forgings has recommended sell rating on the stock with a target price of Rs 138 in its research report dated May 04, 2024.