The production is based on orders received from the customers and hence management is confident that sales despatches would pick…
GDP growth estimate for H2FY17 cut from 7.8% to 6.4%, with maximum impact likely in the third quarter
Given the lack of triggers and muted visibility on new launches, there are limited prospects of a material turnaround in…
Total mined/ refined volumes came below est. at 188/ 191kt, -30/ -25% y-o-y. While silver volumes positively surprised us at…
Adani Enterprises (ADE) reported Q2FY16 PAT of R300 crore, sharply below our estimate of R540 crore, due to lower trading…
Tata Communications’ (TCOM) marked turnaround has been led by focus on operational efficiency, a transient pricing uptick in voice business…
Downgrade Bank of Baroda (BoB) to neutral (earlier outperformer) following the recent negative events – that is alleged forex scam…
Maintain ‘outperform’ on Dr Reddy’s Laboratories (DRL) with a target price of Rs 4,477 a share. The gNexium approval…
Maintain ‘outperform’ on Bharat Electronics (BEL) on signs of revival in order inflow.
Strides Arcolab’s second innings, post the divestment of Agila steriles business to Mylan in 2013, has been catalyzed by its…
Maintain ‘outperform’ on HCC with a revised price target of R40 a share. Our price revision reflects impact of earnings…
Reiterate ‘outperform’ on HPCL with a revised 12-month price target of R1,083 a share. We revise our FY16/17e EPS estimates…
Reiterate ‘outperform’ on Gujarat State Petronet (GSPL) with a target price of Rs 135 a share.
Jaiprakash Power Ventures (JPVL) reported 431 MU at Baspa HEP (+15% y-o-y), 1696 MU at Karcham HEP…
IGL reported in line earnings of R100 crore for Q1FY16,down 11% y-o-y but up 6% q-o-q, on the back of…
Glenmark’s consolidated revenues grew by 11% yoy to Rs 1,660 crore (in line), led by LatAm (+86%) and India (+19%).
Print ad revenue grew by just 1.3% y-o-y as DB Corp sacrificed low yield volumes to improve overall yields (else…
The ministry of finance has cut export duty on iron ore (for 58% fe grade and below) from 30% to…
