Maintain ‘reduce’ on Ipca Lab, target Rs 440: Edelweiss Ipca Laboratories (Ipca) has announced that following a review of the FDA warning letter issued to the company recently, the… By EdelweissApril 12, 2016 05:40 IST
Aditya Birla Fashion and Retail not rated: Edelweiss The 500bps y-o-y dip in Madura’s margin to 6% in Q3FY16 came as a negative surprise, resulting in the stock… By EdelweissApril 2, 2016 00:07 IST
Maintain ‘buy’ on GVK with target of 2016 GVK Power (GVK) will divest 33% stake (retaining the balance 10%) in Bangalore International Airport (BIAL) to Fairfax India Holdings… By EdelweissApril 1, 2016 01:08 IST
Maintain ‘buy’ on Coal India with target of Rs 376: Edelweiss We met senior management of Coal India (CIL) to know more about the steps the company is taking to tackle… By EdelweissUpdated: March 30, 2016 01:28 IST
Maintain ‘hold’ on Jubilant Foodworks: Edelweiss We recently met the top management of Jubilant Foodworks (JFL). While the company attributed 80% of the slowdown in same… By EdelweissMarch 22, 2016 03:03 IST
Maintain ‘buy’ on PVR, target price Rs 947: Edelweiss We recently met Mr. Gautam Dutta, CEO, PVR Cinemas. The company is confident of adding 60 screens per year over… By EdelweissMarch 15, 2016 00:13 IST
IL&FS Transportation uses rights issue proceeds to cut leverage IL&FS Transportation’s (ITNL) Q3FY16 results were boosted by stake sale in subsidiary. Revenue, at R2,190 crore (up 12% y-o-y), was… By EdelweissMarch 11, 2016 00:08 IST
Maintain ‘buy’ on M&M, target Rs 1,337 Management indicated margin will be impacted due to expiration of excise duty benefits at Haridwar plant (in Q4FY16 100bps). By EdelweissMarch 4, 2016 00:22 IST
Maintain ‘buy’ on Max India, target Rs 414 Max India’s (Max) Q3FY16 was a mixed bag with varied performance across business verticals. While growth in life insurance business… By EdelweissFebruary 24, 2016 00:06 IST
Maintain ‘buy’ on Indian Oil, target Rs 442 We hosted B Ashok, chairman, Indian Oil (IOCL), at our Edelweiss India Conference 2016 to get his views on the… By EdelweissFebruary 20, 2016 00:20 IST
Hold rating on Power Finance Corporation: Loans grow but profit below par Power Finance Corporation’s (PFC’s) Q3FY16 PAT (profit after tax) of R15.8 bn (up 2.5% y-o-y) came in lower than our… By EdelweissUpdated: February 15, 2016 02:08 IST
Maintain ‘hold/SP’ on Glenmark, target Rs 920 Glenmark Pharmaceuticals’ (GNP) Q3FY16 sales grew 4%, while EBITDA remained flat (we have not adjusted for forex loss of Rs… By EdelweissFebruary 3, 2016 00:58 IST
Maintain ‘buy’ on Power Grid, target Rs 191 Power Grid Corporation of India’s (PGCIL) Q3FY16 adjusted PAT of R15.7 billion was ahead of our/consensus R15.3/15 billion estimates. By EdelweissFebruary 2, 2016 00:33 IST
Maintain ‘hold’ on Reliance Infra, target Rs 575: Edelweiss Reliance Infrastructure’s (RELI) Q3FY16 PAT of Rs 5.4 billion was higher than our Rs 3.2 billion estimate, primarily aided by… By EdelweissJanuary 23, 2016 00:08 IST
Maintain ‘buy’ on Asian Paints, target Rs 990 Asian Paints’ (APL) Q3FY16 numbers were strong with a line by line beat versus our estimates. By EdelweissJanuary 21, 2016 00:24 IST
Hold rating on TCS: Another lacklustre quarter Tata Consultancy Services’ (TCS’) Q3FY16 revenue at $4,145m (down 0.3% q-o-q) was below Street’s modest 0.9% growth estimate. By EdelweissUpdated: January 18, 2016 02:27 IST
‘Reduce’ on DCB Bank, target Rs 86 Maintain ‘reduce’ on DCB Bank with a target price of Rs 86 per share. DCB has posted remarkable turnaround, but… By EdelweissJanuary 15, 2016 00:04 IST
Maintain ‘buy’ on IndusInd Bank, target Rs 1,050: Edelweiss IndusInd Bank’s (IIB) Q3FY16 PAT of R560 crore (up 4% QoQ) was marginally ahead of our estimate on better revenue… By EdelweissJanuary 14, 2016 00:10 IST
‘Diwali gifting koi inse seekhe’: Indian tech firm gifts lavish Diwali presents to employees, social media reacts
