INVESTEC ON EQUITAS HOLDING : 12.07.2021
* Investec has a Buy call on Equitas Holding with target being raised to Rs 170 after RBI has permitted SFBs to apply for a reverse merger
* 40% Holding Co Discount Now Seems Excessive
* RBI Has Permitted SFBs To Apply For A Reverse Merger
* This Improves Chances Of A Reverse Merger With Bank & Holdco
* SEBI Regulations On Promoter Lock-in Could Be A Hindrance
* MAINTAIN BUY TARGET: 170
INVESTEC ON EQUITAS HOLDING : 12.07.2021
