Margins were aided by approval of certain claims, this boosted Ebitda margins to 17.7%
Uptick in discretionary spend, cloud and analytics
L&T reported below estimate revenues following weak project execution.
South Indian Bank?s (SIB) Q1FY14 PAT at R115 crore was in line with our estimate, but below consensus
We maintain ?hold? on Gujarat Pipavav Port with a target price of R50 per share. At the current price, the…
We maintain ?buy? on Mahindra Holidays and Resorts (MHRL) due to its long-term growth story.
We upgrade Tata Consultancy Services (TCS) to ?buy? from ?hold? and retain our target price of R1,588 per share
We maintain ?buy? on Oriental Bank of Commerce (OBC) with a target price of R350.
We recently met with the management of Blue Star (BSL) for an update on business.
We continue to like Colgate?s focus on innovation, distribution expansion and building brand equity but expect margins to be under…
We reiterate our ?buy? call on Reliance Industries (RIL) with a new target price of R1,036 as the company has…
Bajaj Autos Q4FY13 profit after tax of R7.7 bn (up 1.9% year-on-year) surpassed our estimate on higher other income
We maintain ?buy? on Reliance Capital with a target price of R514 as we take cognizance of the inherent value…
The Department of Pharmaceuticals? (DOP) notification on the Drug Price Control Order is likely to have limited negative impact to…
We reiterate our ?buy? rating on Sobha Developers and assign a DCF-based target price of R504.
Despite elections in FY14, the management expects some moderation in merchant demand
Adani Power earnings to be under pressure even as management anticipates a favourable outcome.
We maintain ?buy? on Axis Bank, with the stock being our top pick in the sector.
