Citi

Citi is a financial services company whose India-related activity includes equity research on listed companies and capital-markets execution. It issues analyst ratings and price targets for companies including Havells, Tata Capital, Tata Consultancy Services, Kotak Mahindra Bank and CarTrade Tech, and was named as executor of a block deal for Mastercard’s Pine Labs stake. [1] source: Moneycontrol[2] source: Business Today[3] source: NDTV Profit[4] source: NDTV Profit[5] source: NDTV Profit[6] source: NDTV Profit[7] source: Mint

In October 2026, Citi initiated a Buy rating on Havells with a ₹1,525 target, forecasting Q2FY27 revenue growth of 21% and EBITDA growth of 28% year on year. [1] source: Moneycontrol In September 2026, Citi initiated coverage of Tata Capital with a Buy rating and Rs 450 target, and set a Rs 465 target for Kotak Mahindra Bank. [5] source: NDTV Profit[6] source: NDTV Profit Citi also retained a Sell rating on Tata Consultancy Services while cutting its target to Rs 1,875 from Rs 2,040. [3] source: NDTV Profit For CarTrade Tech, Citi set a Rs 3,300 target in September 2026. [4] source: NDTV Profit That month, Citi was named as executor of a block deal through which Mastercard planned to sell up to 4.97 crore Pine Labs shares at ₹179.50 each. [7] source: Mint