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  1. Business News
  2. Authors
  3. icici securities

ICICI Securities

Mphasis, strong Q2FY18, revenue growth , FY19 valuation
‘Reduce’ on Mphasis as FY19 valuation excessive

Mphasis reported a strong Q2FY18 with the key highlights being revenue growth of 3.7% q-o-q in CC terms and new…

By ICICI Securities
October 31, 2017 05:38 IST
Crompton Greaves, V Guard, ICICI Securities
Crompton Greaves, V-Guard on a strong growth footing: ICICI Securities

While Crompton, with a renewed vigour post demerger, is set to actualise its complete brand potential, V-Guard is set to…

By ICICI Securities
October 18, 2017 03:40 IST
Cyient stock, ICICI Securities
Cyient stock rated Add by ICICI Securities as order intake to rise

Order intake was muted for the second consecutive quarter with book-to-bill ratio in services being just 0.8x in Q2FY18 and…

By ICICI Securities
October 17, 2017 03:42 IST
Cochin Shipyard, ICICI Securities
Cochin Shipyard hits sweet spot, says ICICI Securities; here’s why

Cochin Shipyard (CSL), a public sector enterprise, is one of the most stable companies in the Indian shipbuilding and ship…

By ICICI Securities
October 12, 2017 02:40 IST
Maruti Suzuki, Hyundai, Hero MotoCorp, Bajaj Auto, automobiles sales, automobile sales in festive season
Maruti Suzuki, Hyundai, Hero MotoCorp, Bajaj Auto, automobiles sales soar in festive season: ICICI Securities

While major players Hero Motocorp (Hero), Honda Motorcycle and Scooters India (HMSI) and TVS Motors are yet to report volumes…

By ICICI Securities
Updated: October 4, 2017 03:25 IST
UltraTech Cement, EBITDA, steel, iron ore prices, india, JPA assets, Jharkhand, Bihar, indian market
UltraTech Cement stock gets Buy tag from ICICI Securities; target price Rs 4,775

UltraTech Cement’s profitability in Q2FY18 is expected to be muted given likely lower ramp-up of the recently-acquired 17.2 mt of…

By ICICI Securities
September 28, 2017 03:35 IST
GST, Pan-India, FMCG
Best way to play FMCG is via organised food companies

We spoke to channel partners pan-India to understand on-ground situation post rollout of GST.

By ICICI Securities
September 21, 2017 03:43 IST
Tech Mahindra, Mahindra and Mahindra, ICICI Securities, ICICI, EBITDA
Tech Mahindra stock: ICICI Securities say it is on track to achieve 14% EBITDA, maintain buy

Revenue commentary reflected status quo with communications revenues expected to grow in the range of 2-5% and enterprise revenues in…

By ICICI Securities
September 20, 2017 03:49 IST
Alkem Laboratories, Alkem Laboratories growth, Alkem Laboratories growth path
Alkem on sustainable growth path, maintain buy

Alkem Laboratories (Alkem) remains on sustainable growth path due to higher dependence on domestic formulations business and less dependence on…

By ICICI Securities
September 16, 2017 03:31 IST
jet airways, jet airways annual report, jet airways financial report
Jet Airways suffers this blow, here is how ICICI Securities reacted

Jet Airways (Jet) reported consolidated Q1FY18 EBITDAR of Rs 770 crore; lower than I-Sec estimates of Rs 930 crore. Consolidated…

By ICICI Securities
September 15, 2017 03:11 IST
PI, PI annual report, PI capex, PI chemicals, pi cash flow
Shilpa Medicare successfully building strong franchise, says ICICI Securities, maintains Add rating on stock

Shilpa Medicare is successfully building strong franchise in formulations business after achieving decent scale in APIs.

By ICICI Securities
September 8, 2017 02:56 IST
Vedanta, ICICI Securities
Vedanta target price revised by ICICI Securities to Rs 339

Vedanta hosted Zinc day in Udaipur to update on the management plans to sweat Zinc international (ZI) assets.

By ICICI Securities
September 6, 2017 01:55 IST
Balkrishna Industries, ICICI Securities, EBITDA, US, Bhuj plant
Balkrishna Industries gets Buy rating from ICICI Securities; TP of Rs 2062

We initiate coverage on Balkrishna Industries (BKT) with Buy, valuing the stock at 20x Sep’19E EPS and target price of…

By ICICI Securities
August 29, 2017 05:18 IST
Balkrishna Industries, ICICI Securities, global Off-Highway Tyre, Conversion cost advantage, arbitrage versus competitors
Balkrishna Industries worth a Buy, says ICICI Securities, pegs TP at Rs 2062

We initiate coverage on Balkrishna Industries (BKT) with BUY, valuing the stock at 20x Sep’19E EPS and target price of…

By ICICI Securities
August 23, 2017 04:11 IST
IndiGo,  IGI Airport, Mumbai to Delhi flight,  Air Traffic Controller, Delhi Airport, Mumbai to Delhi flight, laser beam lights
Inter Global Aviation Stock: ICICI securities rates it Buy with TP at Rs 1446

FY17 was a high growth year for IndiGo when it increased its capacity as measured by available seat kilometre (ASK)…

By ICICI Securities
August 5, 2017 04:14 IST
Infosys, TCS, Wipro, others Q1 result likely to be soft, post just 1.2 pct growth

The top-five companies are expected to post CC growth of just 1.2% q-o-q, making it weakest Q1 since FY13.

By ICICI Securities
July 4, 2017 05:37 IST
hpcl shares
Downgrade HPCL to reduce; prefer upstream PSU companies: ICICI Securities

HPCL has been the primary gainer of recent macro trends such as: a) low oil prices, b) successful implementation…

By ICICI Securities
Updated: July 11, 2015 12:47 IST
Maintain buy on PFC as stock trades at cheap valuations: ICICI Securities

Power Finance Corporation (PFC) has corrected almost 17% from its 52-week high and now offers a FY15 dividend yield of…

By ICICI Securities
July 10, 2015 00:11 IST
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