Net of forex gain on receivables, Bharat Heavy Electricals Ltd’s (BHEL) profit after tax is down 82%
Plenty of the usual good in quarter and a slight sign of strain
Profit growth below two-year average, but valuations are reasonable.
NMDC has fallen 25% in three months (global $ ore prices down 17%).
We maintain ?neutral? on Tata Communications despite visible signs of business uptick as any equity upside gets diluted by high…
We downgrade Havells India to ?neutral? (?buy? earlier) as the company?s India business, having defied tough macro situation in India…
We cut our medium and heavy commercial vehicle (MHCV) volume estimates for Ashok Leyland by 22% over FY14-15,
Q4FY13 was operationally weak… Revenues of R9.97 bn (+10% year-on-year) were 4% below expectations
We maintain ?buy? on Jubilant Life Sciences with a September 2014e target price of R340.
TCS reported revenue of $3,040 million, earnings before interest and taxes margins of 26.5% and net profit of Rs36 billion.
RCom has finally signed a long speculated deal with Reliance Industries to lease its fiber network.
RCom has finally signed a long speculated deal with Reliance Industries to lease its fiber network.
We maintain ?sell? on Nestle with a target price of Rs4,430 as we foresee moderating growth in the near term,…
CESC?s wholly owned subsidiary, Spen Liq, is entering into an agreement with Firstsource Solutions to subscribe to 34.5% of FSL?s…
What?s New? We spoke with a leading industrial UPS manufacturer to get a perspective on the UPS industry in India,…
The profitable India business is growing (volumess +16% in FY13/14), but medium-term Europe outlook is uncertain.
The finance minister at the beginning of the discussion on the Finance Bill, 2012, in Parliament has changed a couple…
5% PAT beat: Recurring PAT (profit after tax) at R6.4bn (+29% y-o-y) was ahead of our estimates by 5% driven…
