L&T and Tata consortium have emerged as L2 and L1 bidders for the Mumbai Trans harbour (MTHL) contract.
FY18/19 EPS up 4/3% on higher volumes and lower write-offs; KG Basin execution will be critical
Returns from specialty assets likely to ensure 20% CAGR over FY19-22e; upgraded to ‘Outperform’ with TP going up to Rs…
We recently met with Shriram Transport Finance’s (SHTF) MD and CEO, Umesh Revankar, who remarked that business remains steady post…
EPS raised by 3-6% and TP upped to Rs 1,055 from Rs 920 given the growth outlook
This implies the impact of higher competition which has constrained Apollo’s ability to increase prices and offset increasing costs.
The key message in the conference call was a recovery at Apollo will take at least couple of quarters and…
BHAFIN reported strong improvement in collections, indicating a good recovery from the demonetisation crisis. Exit collections efficiency for July is…
Stock should re-rate after possible 1-2 quarters of further high provisioning.
Low RoE over long term, risk to earnings from project delays and renewables challenge behind rating.
HUL and ITC have the leanest distributor inventory and lower wholesale salience, and should be less impacted.
Indian pharma stocks have de-rated by 10% over the last one year, but with price erosion expected to increase, a…
While demonetisation has hit the microfinance (MFI) industry, recent industry data shows that BHAFIN’s portfolio management has been far superior.
Despite delivery of reform, ONGC trades at a 25% discount to global peers on P/CF, higher than historical average (16%).…
The sector is going through structural shifts, with shift of spends from traditional to digital and global protectionism.
ICICI Bank’s Q4 profits were largely in line with street estimates. Topline performance was better than expected on account of…
While guidance on drop in Ebitda margins is too conservative, valuations leave little room for upside
Management expects domestic defence to be a very large opportunity, driven by not just maintenance-related supplies/contracts but capital programmes (manufacturing…
