Maintain ‘hold’ on Lupin with a target price of R1,630 per share valuing the stock at 22x FY17e EPS of…
The change in guard proves a blessing as Ajay Singh, the new promoter, is piloting the airline’s course in the…
Downgrade DCB Bank to reduce (earlier ‘buy’) with a revised target price of Rs 90 per share (earlier Rs 155)…
Maintain ‘hold’ on Bajaj Corp with a target price of R515 per share. We like Bajaj Corp’s dominance in the…
Sound management, robust brand franchise, reasonable pricing and attractive rides place Wonderla in a sweet spot to gain from urban…
Trading at 1.1 times FY17E P/ABV, with RoA touching 1.4% plus and RoEs rising to 16%, the stock of Federal…
We met the CEO of the recently merged Gujarat Gas (GGL is an amalgamation of erstwhile Gujarat Gas (GGAS) and…
JSW Energy (JSW) will dole out Rs 9,300 crore (earlier deal value Rs 9,700 crore) to acquire JPVL’s Baspa 300MW…
We met BEML’s CMD and top management to get an update on its key businesses. We see the company a…
Praj Industries’ (Praj) senior management, during our recent interaction, was reasonably confident about Praj’s medium to long term growth prospects.
Reliance Jio entry to hit incumbents valuation; capex set to rise for all
Maintain ‘buy’ on Max India with target price of R591 per share. The simplified structure, superior operating performance…
We maintain ‘buy’ on Gateway Distriparks (GDPL), but revise our target price to Rs 405 a share (earlier Rs 419).
Motherson Sumi’s (MSS) Q1FY16 Ebitda came ~7% lower than estimate due to disappointment in standalone and below estimate margin at…
Nestle India’s Q2CY15 sales and PAT came in much below our estimates, impacted by the ban imposed on Maggi noodles…
Nagarjuna Construction’s (NCC) Q1FY16 earnings beat our estimates as strong margin improvement and lower tax rate trumpe…
Havells India’s (HAVL) Q1FY16 performance was subdued and below our and consensus estimates, given slowdown in both consumption and industrial…
Above-industry earnings growth to sustain superior return ratios
