Purest play on graphite electrode sector; coverage initiated with ‘Buy’ and Target Price of Rs 6,700; upside potential of 110%
We initiate coverage of Godrej Properties (GPL), a leading pan-India developer, with a ‘buy’ rating and PO of Rs 756…
We expect the Q1 earnings season to temper revenue optimism, as the financial services vertical is unlikely to register a…
We raise our EPS estimates for ICICI Prudential Life Insurance (I-Pru) by 2-3% over FY18-19 as we believe that the…
While net inflows matter, they are not enough reason to add risk in the present scenario: stay cautious now
Dr Reddy’s (DRRD) has informed that its oral solids formulations manufacturing plant at Bachupally has received 11 observations from the…
We downgrade Cipla from Neutral to Underperform (U/P) as we believe that the current 70% valuation premium to peers is…
We initiate on Torrent Pharma (TRP) with Buy rating as we believe the current valuations do not reflect the strong…
Launch of biosimilars in EU would grant Biocon access to Middle East & North Africa
Indiabulls Housing Finance (IHFL) reported Q317 net profit of R7.5 bn, y-o-y growth of 25% and 2% beat. Underlying growth…
In the coming years, with improvement in telco infra (4G/fixed broadband rollout), we expect consumers to start viewing more content…
Sun Pharma (SUNP) has announced that it has entered into an agreement to acquire 85.1% stake in JSC Biosintez— a…
Zee Entertainment has announced that it is acquiring the TV portfolio of Reliance Broadcast (RBNL) for a consideration of Rs…
Union Bank of India (UBI) reported 2Q net profit of R1.7 billion, down 73% y-o-y and 30% miss, mainly due…
After therecentcorrection inNTPC’sshareprice,weupgradeittobuyasvaluationat 1SD below mean could rerate on the back of: a potential cut in interest rates; & initiation…
Both the companies should benefit from continuing increase in discretionary consumer spend, changing theatre industry dynamics, and inherently strong demand…
IDFC Bank, one of the new entities, will face challenges in banking operations though
We note that most macro indicators such as growth in freight traffic through rail, road & ports are still witnessing…
