Our optimistic case assumes Reliance’s dominance rises from 22%/32%/4.5% of the organised retail market in grocery/electronics/fashion to 33%/50%/7.5% or an…
With valuations supportive but momentum indicators yet to signal a bottom, we expect a correction period before a final bottom…
Its valuation is reasonable and an improvement in its growth outlook could drive a rerating. We maintain our ‘buy’ rating…
The positioning in the individual/retail segment has fared relatively better (13% share unchanged versus last year) and here the management…
Trends in capital markets (weaker broking volumes and capital markets and a reduction in fees) led to an 11% decline…
Phoenix reported strong 3Q earnings, up 46% YoY, as its core mall portfolio continued to do well. Lease income grew…
Scaling up CASA is key for the bank; IDFC Ltd offers better risk-reward if the holdco structure unwinds
Welspun is looking to achieve $2 bn in revenues and debt-free status
Reliance Communications’ (RCom) impending deal for tower asset sale would lower its consol. debt by a significant ~60%.
Bharti Infratel (BIL) generated Rs 780 crore in free cash flow in the latest quarter, taking net cash to Rs…
After running a negative recommendation on DLF for over two years, during which period the stock underperformed by 63%, we…
