The cess on crude oil has been raised from R2,575/tonne ($7.0/bbl) to 4,635/tonne ($12.5/bbl) in the FY13 budget.
ICICI Bank?s Q4FY11 earnings of R14.5 bn were in line with our estimates, but driven by a better-than-expected rebound in…
Tata Chemicals reported a disappointing quarter, with a 25% YoY decline in recurring PAT. While revenue was up 33% YoY,…
M&M?s recurring Q2 profit was 21% ahead of estimates at Rs 7.12 bn, driven by better auto margins and lower…
Titan continues to surprise with a strong operating performance on a structural high growth trajectory for consumer discretionary spending.
NTPC had its worst Q2 with PAT falling 8% year-on-year, led by lower power RoE because of grossing-up of tax…
We upgrade our rating to Buy from Underperform, and raise PO to Rs 1,720 from Rs 1,369. Our estimates are…
Buy under-valued, under-performing stocks: Given the pace of the rally, we believe the market is vulnerable to a correction. We…
We believe earnings cycle for Indian liquor industry is set to turnaround as prices of key raw material?molasses are expected…
Group PAT declined 1% QoQ to Rs 9.6 bn, below our Rs 11.5 bn estimates.
Trading revenue and inventory gains drive the quarter: Tata Chemicals reported strong Q1 numbers helped by a jump in….
The spike in Indian Bank?s NPLs during the Q1FY11 was the key disappointment of the results; even…
Q1FY11 earnings: HDFC?s Q1FY11 earnings, at Rs 6.9billion, up 23%, were exactly in line with our estimates, but quality of…
We started 2010 expecting it to be a year of dull, boring, range-bound markets. Unfortunately, our forecast has proved…
Cairn India on Tuesday last issued an update on its main RJ-ON-90/1 block in Rajasthan. In-place oil and recoverable oil…
Investors have recovered their bullishness towards equity markets, but are shifting their focus away from Europe and into the United…
