Maintain ‘buy’ for Phoenix Mills with TP of Rs 722
Phoenix reported strong 3Q earnings, up 46% YoY, as its core mall portfolio continued to do well. Lease income grew 10% YoY, driving 14% YoY Ebitda growth.
Feb 23, 2018
CLSA rates IDFC Bank as ‘Buy’, says scaling up CASA is key
Scaling up CASA is key for the bank; IDFC Ltd offers better risk-reward if the holdco structure unwinds
Jan 03, 2017
Welspun India gets ‘N-R’ rating from CLSA
Welspun is looking to achieve $2 bn in revenues and debt-free status
Oct 25, 2016
Upgrade Reliance Com to outperform: CLSA
Reliance Communications’ (RCom) impending deal for tower asset sale would lower its consol. debt by a significant ~60%.
Dec 15, 2015
Maintain buy on Bharti Infra, target Rs 398.1: CLSA
Bharti Infratel (BIL) generated Rs 780 crore in free cash flow in the latest quarter, taking net cash to Rs 5,100 crore (Rs 27/share).
Sep 22, 2015
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