Emkay Global Issues Mixed Ratings on Tejas Networks, Bajaj Finance, Persistent Systems

Emkay Global Issues Mixed Ratings on Tejas Networks, Bajaj Finance, Persistent Systems

The Quick Take — AI synthesis of 4 sources covering this story.

  • Emkay Global issues BUY on Tejas Networks with Rs 1,100 target price (report dated April 23, 2024)
  • Emkay Global reiterates BUY on Bajaj Finance with Rs 9,000 target price in April 23, 2024 research note
  • Emkay Global downgrades Persistent Systems to REDUCE with Rs 3,700 target, signalling caution on IT mid-cap
  • Three simultaneous ratings reflect sector rotation thesis: bullish on financials/telecom infra, bearish on IT se

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