Revolvers and transactors in banking: HDFC Bank leads, ICICI Bank improves, but IndusInd deteriorates
Sustainable and scalable cards business requires a judicious mix of “revolvers” and “transactors”.
IRB Infrastructure Developers gets ‘Hold’ rating from Jefferies
Investor interest in the trust will be key given that enterprise valuation of R80 bn is fairly aggressive.
Buy rating on Coal India Limited in Q1: Fall in realisations offset by lower costs: Jefferies
Continuation of overburden removal charges despite shift to Ind AS led to profit miss
Its BUY for Coal India as coal demand could improve in second half, easing off-take concerns
CIL volumes in August was hit by heavy rainfall in key mining areas.
Reiterate ‘buy’ on Shriram Transport, target Rs 1,425
Jefferies believe muted CV sales near term is temporary and should improve in 2H
Quick Heal: Risk reward evenly balanced, says Jefferies
Expect revenue/EPS CAGR of 16%/18.5 % in FY16-19e, driven by growth in enterprise and government and mobile segments, even as headwinds remain
Jefferies says Reliance Jio ‘interconnect charges to be less if user base expands’
R Jio launch is disruptive due to voice being made free and 29-54% cuts on data vs current blended pricing.
HPCL: A fine performance
Ebitda & net profit beat estimates by huge margin owing to product inventory gains
Jefferies maintains ‘Buy’ on Indraprastha Gas; target price Rs 822
IGL’s Q1 net profit was 13% above our and 25% above consensus estimates as both volume growth and margins surprised positively.
Generic pharma sectors earnings growth expectations still elevated
Generic pharma industry is seeing structural changes which along with the increased revenue base ($ 2 bn+) is driving Indian pharma's strategy to transition towards speciality products over the next 3yrs.
Post GST, auto industry may see 7-10 per cent price reduction: Jefferies
Auto industry is one of the most highly taxed sectors. In addition, owing to the long, complex supply chain, there is cascading of taxes and tax costs associated with inter-state transactions. Implementation of GST, even with
Infosys, TCS have clear lead over other Indian IT vendors: Jefferies
Our two-week marketing in US/Europe suggests abundant caution and underweight stance on the sector among investors. Risks of tech transition — cloud, automation and ability to adapt; pricing pressure and its impact on margi
ICICI Bank vs Axis Bank stocks? Which is better choice, check out here
While both banks have good prospects, ICICI Bank seems a better choice
Jefferies retains ‘Buy’ on Natco, target price Rs 730
Natco reported a good set of results with revenues inline with expectation and margins 200bps ahead of expectation. Profit after tax came 6% ahead of expectation.
Tariff orders on GAIL’s 3 major pipelines may not come soon
We met GAIL's management recently. The company indicated that tariff orders on three larger pipelines are unlikely anytime soon.
Jefferies retains ‘Buy’ rating on ICICI Bank; target price Rs 305
Quarter was weaker than our muted expectation - sharp NIM collapse from interest reversal owing to higher NPLs, continued weak fees. We expect Sept quarter to be even worse operationally and an even higher NPL recognition, bu
HDFC Ltd. rated ‘Hold’; AUM growth only positive
NIM was near the bottom end of the last 20-quarter range even as asset quality worsened
Jefferies cuts Bajaj Finance to ‘Hold’, ups target to Rs 10,600
Q1 profit grew 47% year-on-year (y-o-y) to `420 crore (10% beat) as stronger NII growth and operating leverage gains, offset higher credit costs. We raise our FY17-18E EPS by 5-6%.
Jefferies: Mahindra Finance target price raised to Rs 365
Q1 results disappointed, but it mainly reflects rural stress prevailing before monsoon. Also Q1 accounted for only 14-19% of profit in FY15-16. With monsoon progressing on track, visibility around a potential recovery in rura
Reliance Industries gets ‘Buy’ rating; 9 key takeaways
Reliance reported a large beat in Q1 earnings driven by gross refining margin (GRM) of $11.5/barrel. However, based on management commentary, we believe $2-2.4/barrel of this may not be replicable going forward. Management re
Improvement in ABB margin seen in second half
ABB reported results in-line with expectations.
Jefferies rates TCS as ‘Buy’ despite slip; here’s why
Slowing growth in banking/financials/insurance and decline in Japan dragged down performance
Household consumption makes NTPC, PGCIL shine brighter; here’s why
NTPC and PGCIL to gain from earnings stability and SEB reforms
Expect mixed quarter for Indian pharma companies: Jefferies
We expect a mixed quarter for the Indian pharma sector. While US business should see strong growth led by exclusivity, base business performance would be muted driven by pricing erosion and increased competition.
Hindustan Petroleum capex plans prioritise investment
In its analyst meet on Friday, Hindustan Petroleum (HPCL) management raised its standalone capex guidance significantly to `534 billion over FY17-21 vs. `310 billion over FY16-20 earlier.
HPCL raises core capex guidance for five years: Jefferies
In its analyst meet on Friday, HPCL management raised its standalone capex guidance significantly to R53,400 crore over FY17-21 vs R31,000 crore over FY16-20 earlier.
IndusInd Bank: prospects are good says Nomura; rates it as ‘hold’
While earnings prospects are good, some underlying revenue streams need to be closely watched
Advertisement
Most Read
- IRFC IPO opens; should you subscribe for the listing gains or long-term gains?
- Market HIGHLIGHTS: Sensex falls 470 pts, Nifty below 14,300 as weak global cues weigh on investor sentiments
- Tesla on Indian roads or Tesla on BSE, NSE: Here's how Indians want to be part of Elon Musk's EV family
- Budget 2021: Rs 3 lakh Public Provident Fund deposit limit suggested - How will it help? ICAI explains
- Modi government creates record! Completes construction of 534 kilometres National Highway in one week; details
- Ladakh Standoff: Chinese dilemma when the snow melts?
- Maharashtra Gram Panchayat Election Results 2021 LIVE: BJP ahead of Shiv Sena in Nagpur and Aurangabad
- Covid 19 India vaccination Day 3 Highlights: 1,48,266 beneficiaries get corona jab, govt says no serious side-effect reported
- Ditching WhatsApp: Only 18% Indian users may continue, 36% to reduce usage drastically, says survey
- Electronic pension payment order promises ease of living for senior citizens: Jitendra Singh
Advertisement
Top News
- Market LIVE: Sensex zooms to day's high, surges 900 pts, Nifty tests 14,550; RIL, HDFC twins lead the rally
- India sends strong message to WhatsApp, asks it to withdraw controversial privacy policy update
- IAMAI Summit: 2021 onwards, every payments business will focus on profitability, says Vijay Shekhar Sharma
- Enjoy scenic views on way to Statue of Unity! Know about Indian Railways vistadome coach in Janshatabdi Exp
- Petrol crosses Rs 85 mark for first time in Delhi, nears Rs 92 in Mumbai
- Union Budget 2021: High D-Street expectations; investors hope relief measures for these sectors
- Republic Day 2021: Know what makes the 72nd R-day celebrations unique
- Indian Railways first Rajdhani Express on pull-push technology to run daily from today; see timings & halts
- IRFC grey market premium still weak; hope of blockbuster listing dashed?
- Make Your Money Grow: How to get wealthy with smart investment
Advertisement
