Despite weak near-term consumer sentiment, the management remains confident of achieving 7-9% SSSG (same-store sales growth) for FY20 due to—…

Investing for next growth cycle: Expects filing of bevacizumab in the US and the EU by end FY20 and approvals…

The management highlighted that while the big opportunity in urban remains , the rural presents a huge opportunity. It sees…

There has been no significant attrition after the management changes. We believe the existing client engagement model of Mindtree provides…

ESFB will not be permitted to open new branches without RBI permission. Remuneration of MD & CEO will be frozen…

However, given Vara’s concentrated exposure to few clients, it would be difficult to cross-sell services; ‘Reduce’ retained.

~100% earnings CAGR estimated over FY18-21e; one of the preferred picks in the sector; ‘Buy’ maintained.

Bandhan is one of the most successful transition stories retaining its NBFC-MFI ingredients in a universal bank format.

Standalone estimates raised by 1-2%; TP revised to `340 from `330; ‘Add’ retained.

TV realisation rose 12% y-o-y in Q1; coverage discontinued and rating withdrawn

Expect FY20 to also remain flat with 5% topline growth on execution, liquidity challenges and delays in ADs for mainly…

NTPC remains our top pick in power utility space. With sector macros turning positive and core RoE improving, we expect…

Q1 rental income growth at 7% YoY (9% in Q4) was below our expectation of 10% on lower consumption growth…

TBCB opportunity growing but regulated falling at sharper pace: PGCIL expects Rs 430 bn green energy corridor and Rs 88…

The company remains confident of medium-term margin expansion guidance of 10% (company-level Ebitda). We tweak our Ebitda estimates up by…

Given the continued weakness and uncertainty in demand, management refrained from providing FY20 industry volume growth outlook (vs. expectations of…

Current high level of marketing margin to decline leading to normalized auto fuel margin of `2.5/lt in FY20/21E. The stock…