India’s net diesel exports in Mar-17 reached five month highs, as a result of the ramp-up at recently commissioned refinery…
We initiate coverage on Welspun with Outperform and target price of `115. The global home textile market size is $45…
Company managements’ comments on FY18 could be one near-term trigger for stocks; HCL remains the top pick
At an aggregate level, FMCG growth will see a strong recovery not only from Q3 which was impacted by demonetisation…
The government’s recent scheme on affordable housing is quite attractive (equivalent to 4-10% discount on property upfront) and should further…
India’s steel industry produces roughly equal longs (52%) and flats (48%) products.
As highlighted in our recent report, the use of SDR has increased over the past few quarters, as banks look…
BHEL’s Q3 numbers had slightly better-than-expected execution but order inflow and backlog continued to belie weakness.
Crompton has a strong franchise in consumer electricals with leading positions in fans and pumps, and a top-three position in…
Steady growth visibility and reasonable valuations make the stock a good pick; expect 15/14% revenue/earnings growth
While valuations are reasonable, growth is likely to take a pause
Post demonetisation, logistics and printing of new currency appear to be the key challenges for the RBI/government to restore business…
In a recent note, CS Euro Refining analysts highlight Russia’s drive to modernise its refining system by tweaking taxation structures…
Amidst demonetisation driving significant demand contraction in consumer discretionary sectors, public sector contracting can be a ‘safe haven’. Subsequent push…
NPL additions at private and PSU banks converged in 2Q to 1.5% of loans, as private corporate lenders witnessed a…
Results were marginally ahead of estimates on better margins due to tight control on costs.
Havells’ revenue growth slowed down to 9% in 2Q compared to 25% in 1Q.
After the FY12-15 stagnation, investment in infrastructure is up
