HSBC

Suzlon Energy rated ‘Buy’ by HSBC; here’s why

Suzlon management expects industry installations to grow 30% during FY17 to 4.3GW with Andhra Pradesh-Telangana, Gujarat and Karnataka being the prime drivers.

suzlon energy News

New RBI norms will be a booster for small units; here’s why

The RBI has now allowed banks to increase PCE for corporate bond issuance from 20% to 50% of the bond issue size, subject to a 20% limit for a single bank. This can enhance the bond market for lower rated paper.

RBI to issue new Rs 10 bank notes without inset letter News

HSBC maintains ‘Buy’ on Colgate-Palmolive, raises target price to Rs 1,100

Volume growth trajectory stepped up, which is in contrast to the demand picture on average for the rest of the staples and also alleviated concerns that Patanjali has been able to impair volume growth in Colgate’s case and

Colgate-palmolive, HUL. oral care market, Colgate-palmolive market share, hul low market share, HUL market share, Oral care brands News

HSBC raises Bharat Forge target price to Rs 875; slowdown in Europe key risk

BFL rode out a challenging quarter, with revenue declining 20% yoy, PAT falling 38% yoy and the EBITDA margin falling to 27% (after a consistent 30% margin in the last 6 quarters).

Bharat forge News

HSBC rates NTPC as ‘Buy’ as Q1 income grew 16%

Q1 saw adjusted net income grow 16% y-o-y, driven by 11% increase in generation

Markets News

HSBC maintains ‘Hold’ on Bosch; raises target price to Rs 22,300

Q1FY17 net profit of Rs 3.79 billion came in flat year-on-year (y-o-y) and marginally lower than our forecast due to surprisingly lower EBITDA margins at 17.9 per cent.

 News

HSBC maintains ‘Buy’ on Fortis Healthcare; target price Rs 224

Fortis Healthcare (Fortis) announced a composite scheme of arrangement which, via a multi-step process, will move SRL out of Fortis into Fortis Malar (a separately listed entity) and move Fortis Malar’s hospital business in

HSBC maintains ‘Buy’ on Fortis Healthcare; target price Rs 224

HSBC rates Nestle as ‘hold’, says Maggi noodles recovery on track

Net domestic sales increased by c17.5% year-on-year (y-o-y) (as Q2 calendar year 15 was impacted by Maggi ban) and now Nestlé’s operating performance appears to be on the path of full recovery for the Maggi portfolio.

HSBC, Nestle, Maggi, noodles, company news

Godrej Consumer Products rated ‘Buy’ by HSBC

Earnings growth momentum likely to remain strong; company’s focus on gaining scale and exploiting synergies key to its prospects

Godrej Consumer Products rated ‘Buy’ by HSBC

Dabur target price raised to Rs 280; here’s why

Q1FY17 results were overshadowed by pervasive weakness in revenue growth across categories barring oral care and juices as demand conditions remained quite subdued.

Dabur target price raised to Rs 280; here’s why

Asian Paints rated ‘Buy’; FY17 demand outlook better than FY 16

Demand outlook for FY17 seems better than FY16

Asian Paints among Forbes world's 25 most innovative companies list News

HZL share price gets ‘Buy’ rating, target price up at Rs 210

HZL reported Q1 EBITDA of `11.3 billion down c32% y-o-y on the back of 45% y-o-y drop in mined metal production and fall in zinc and lead prices partially offset by rupee depreciation, higher silver volumes and higher silver

hindustan zinc News

Cairn India gets ‘Hold’ rating; target implies downside of 13%

As per the latest press release from Cairn India, the Board of Vedanta Limited (VEDL IN, `157.1, Buy) and Cairn India Limited have approved revised and final terms for the proposed merger between the two companies.

Cairn India gets ‘Hold’ rating; target implies downside of 13%

Infosys share price gets HSBC booster shot; here’s why

Infosys reported Q1 revenue growth of 2.2% q-o-q vs consensus expectation of 4.1%. Consequently, the full year guidance was cut to 10.5-12% (from 11.5-13.5% in cc).

infosys, infosys jobs, infosys shares, infosys stocks, infy stocks, infy stock price, narayanmurthy, infosys rbs, rbs News

HSBC rates Hindustan Unilever as’ Buy’; here’s why

With an increasingly normal-looking monsoon and consumption catalysts in the second half, the focus will be on an imminent volume growth recovery that will be a key catalyst for stock performance.

Industry News

Reiterate bearish call on real estate

Absorption in the top 8 cities declined 11% y-o-y (year-on-year) year to date (YTD) May 2016 and 14% y-o-y for May, while launches declined 47% y-o-y (YTD) and 68% y-o-y for May.

Reiterate bearish call on real estate

Retain reduce on Container Corp of India

The latest data from the government highlights that India’s rail container volumes fell by 7.5% y/y in June 2016 after having recovered in April (+4.0% y/y) and May (+5.9% y/y).

Retain reduce on Container Corp of India

Commercial vehicle sales set to take off; here’s why

For Bosch and SKF, two-wheelers, commercial vehicles, and tractors are the main revenue drivers. Passenger vehicles have a smaller role to play.

Commercial vehicle sales set to take off; here’s why

Any Tata Steel deal that cuts losses is good for Tata: HSBC

Tata, on July 8, 2016 announced developments to further progress the strategy of its European business. After its announcement in March 2016 to explore strategic alternatives for its UK business, Tata shortlisted and engaged

Any Tata Steel deal that cuts losses is good for Tata: HSBC

Reliance Communications-Aircel combo; HSBC says leverage may be a drag

Reliance Communication's (RCOM’s) press release last week suggested it will announce the potential combination of the Indian wireless business of RCOM and Aircel very shortly.

Industry News

Motherson Sumi rated ‘Hold’; $18 bn vision achievable by 2020

A merger of SMIL with itself would unlock significant growth potential and help MSSL achieve its vision of $18 bn of revenue by 2020

Markets News

Voltas gets ‘Hold’ rating; HSBC sees strong Q1

However, margins in the EMP segment are likely to be only modestly positive in FY17

Voltas gets ‘Hold’ rating; HSBC sees strong Q1

Suzlon to benefit from govt focus on renewables

SUEL expects industry installations to grow by c17% during FY17 to c4GW after strong growth of 48% in FY16. The company also expects to improve its market share further from current 26% and aims to take it to c40% over next f

Suzlon Group, Suzlon Energy, Suzlon News

Strong Indian IT sector to shrug off Brexit impact

The Brexit will have a range of implications for Indian IT sector.

Markets News

Maruti Suzuki gets ‘Hold’ rating over GST, monsoon outlook

It expects 2H to be better than 1H as the impact of good monsoons, GST and overall demand recovery should benefit industry demand. In our view, 10-12% is conservative guidance.

Markets News

India Financials: Pvt banks’ market share gains reflective of PSU pain

There has been a sharp and steady expansion in the gap between the incremental and outstanding market share of private banks, especially since Q2FY14

India Financials: Pvt banks’ market share gains reflective of PSU pain

Maintain ‘hold’ on Bajaj Auto, target Rs 2,500

Bajaj’s outlook continues to oscillate between the domestic and export businesses. In the past few years, domestic business was struggling (led by the Discover) and export was doing well.

Maintain ‘hold’ on Bajaj Auto, target Rs 2,500
FinancialExpress_1x1_Imp_Desktop