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Articles By HSBC

142 Articles

Mahindra & Mahindra rating: Buy

Margins face multiple headwinds despite the success of new model

Mahindra & Mahindra rating: Buy

Downgrade Suzlon Energy on FCCB conversions

We downgrade Suzlon Energy to 'hold' (earlier overweight) and set a fair value target price of Rs 32.

Downgrade Suzlon Energy on FCCB conversions

Buy Bharat Forge with target price of Rs 1,350

Heavy commercial vehicles (HCV) which is the main market for Bharat Forge amounting for 40% of its standalone revenues...

Buy Bharat Forge with target price of Rs 1,350

BHEL: Not yet out of the woods

Low visibility on new order inflows creates headwinds for FY16 earnings

Bhel, Bhel stocks, Bhel shares, BHEL share price, HSBC News

Overweight Bharti Airtel, target price of Rs 481

Stay ‘overweight’ on Bharti Airtel as the company is better placed to monetise the spectrum auctions...

Overweight Bharti Airtel, target price of Rs 481

Analyst Corner: Downgrade Divi’s on reduced gDiovan margins

We downgrade Divi’s Laboratories to neutral from overweight but revise target price higher to R1,974 from R1,718 earlier. We believe while the ex-gDiovan business is steady, the stock which has had a very strong run (up

Analyst Corner: Downgrade Divi’s on reduced gDiovan margins

Little reprieve from stress

Q2FY15 earnings came in at R5.8 bn, up 14% year-on-year but 43% below our estimate on higher than expected provisions and decline in margins.

Little reprieve from stress