#Reddy
Latest news and updates about Reddy.
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Latest news and updates about Reddy.
Featured Coverage
Explainers & Analysis
No explainers tagged yet. We are curating them now.
Reddy had announced his resignation on Friday (June 5, 2026), alleging that assurances made to him regarding the Bengaluru Development portfolio had not been honoured after the allocation of portfolios in the newly formed Shivakumar government. Reddy's resignation triggered the first major political challenge for the three-day-old Shivakumar-led Congress government.
11% to Rs 1,303 on Friday, as cautious commentary from global brokerages Goldman Sachs and Citigroup dampened investor sentiment and reignited concerns over the company’s near-term growth prospects, according to a research note reported by ETNow. Goldman Sachs turns cautious, trims outlook sharply The brokerage downgraded the stock to “Sell” and sharply cut its target price to Rs 1,075 from Rs 1,225, signalling potential downside from current levels.
