Strong earnings growth likely from FY19; recent correction has made valuations attractive; upgraded to ‘Buy’.

Given strong near-term momentum in deal intake, revenue growth and margin expansion, we upgrade Mphasis to Hold from Reduce.

V-Guard Industries (VGRD) reported strong Q3FY18 results, with revenue growing by 23% adjusted for the GST while earnings grew by…

L&T Technology Services (LTTS) reported significantly better-than-expected Q3FY18 with growth in USD revenues of 8.3% q-o-q and 25.6% y-o-y.

TTK Prestige (TTK) reported 15% y-o-y like-for-like (LfL) growth in domestic revenue on a weak base of Q3FY17 (2% de-growth…

We initiate coverage on Godrej Agrovet (GAVL) with a Buy rating and DCF based target price of Rs 723.

Shriram Transport Finance (STFC) is the pioneer and largest player in the used CV financing space and is a part…

Vale, the world’s largest producer of iron ore has delivered a stern message for anyone expecting the prices of the…

Management reiterated domestic volume growth trajectory from 4.5mnte in FY18E to 7.5/8mnte in FY20E. The current blast furnace is producing…

Vale SA, the world’s largest producer of Iron Ore, has delivered a stern message for anyone expecting the prices of…

As we introspect on the volume and margin benefits of Dedicated Freight Corridors (DFC) for freight carriers like Container Corporation,…

Salesforce (CRM) partnership for the healthcare vertical and Appian and Blue Prism for BFSI are expected to continue to be…

As we introspect on the volume and margin benefits of dedicated freight corridors (DFC) for freight carriers like Container Corporation,…

EBITDA of Rs 12 billion implied a beat of Rs 1billion, mainly due to higher sales volume at 8.4 mnte.…

Dr Lal Pathlabs reported Q2FY18 results largely in line with our estimates on PAT front but beat on margins. Though,…

BSE Limited (BSE) reported robust operating revenue growth of 22 % y-o-y to Rs 110 crore given growth of 30%…