MORE MARKET STATS
INVEST IN US MARKET
Articles By Jefferies
Havells rating: Buy; Structural growth story by aided market share
Industry participants are alluding to an existing inventory stock, which could clear once demand resumes (strong summer in India).
Apr 25, 2020
Equity Strategy: Lockdown waivers, IMD offer relief
But states, companies may be slow to resume activity; forecast of normal rainfall augurs well for inflation
Apr 20, 2020
Computer Services & IT Consulting Q4 preview: Covid-19 effect on results to be limited
It will dominate discussions though; sharply lower and wider range guidance for FY21/Q1 is expected.
Apr 13, 2020
Analyst Corner: Pharmaceuticals sector – FDA delays remain a key uncertainty after logistics
While production is on, logistics is the key challenge both for raw material and finished goods. FDA delays remain a key uncertainty after logistics.
Mar 30, 2020
Coronavirus crisis to impact FY21e revenues by 5.5-7.5%
Infosys & TCS remain our preferred picks as we expect better earnings & multiple defence given high quality franchise.
Mar 28, 2020
Analyst Corner: IT services and consulting firms face COVID-19 impact
With Covid-19 situation escalating, Indian IT services cos could be impacted in multiple ways in the near-term, cuts in client spend, travel restrictions, closures of offices, INR depreciation.
Mar 14, 2020
Infosys, TechM led $500mn+ deals in FY20: Digital, ERS capabilities key driver of acquisition
There have been a greater number of smaller deals (<$25 mn) than in the past. We estimate inorganic contribution to FY21e revenue to be 2%/ 1.7%/0.7% for TechM/HCL Tech/Infosys.
Mar 10, 2020
Analysis: TechMahindra ahead of Infy, Wipro in growth, margin deviations
Two metrics in particular are key: (1) q-o-q growth (US dollar or constant currency) and (2) Ebit margin.
Mar 05, 2020
India’s GDP numbers: Power demand growth a silver lining
With most other indicators still weak, earnings outlook is challenging; cause for caution
Mar 03, 2020
India’s domestic natural gas prices set to nearly halve to 10-year lows of $2
SOE E&Ps will suffer while IGL, MGL and GAIL stand to gain; may see govt fixing APM price framework
Feb 25, 2020
Analyst Corner: ‘Hold’ on BPCL; keep faith in refining turnaround
Volume performance was mixed too, with share in LPG & ATF up and petrol steady but diesel down ~60bps q/q that management indicated has since reversed in Jan as discounts by competitors have ebbed.
Feb 22, 2020
Analyst Corner: ‘Hold’ on Apollo Hospitals Enterprise; PT at Rs 1,575
AHLL also reported strong growth. We expect growth to moderate and margin improvement to be limited from current levels.
Feb 18, 2020
Sun Pharma Rating ‘buy’: Q3 results were in line with expectations
India revenue growth of 13% key positive; adjusting for Q3 and lower Taro sales, FY20/21/22e EPS down 4/7/1%; ‘Buy’ maintained
Feb 11, 2020
Bharti Airtel rating: Hold — A strong quarter for the company
FY20/21/22e Ebitda up 5/9/9% to factor in results and higher-than-expected price rise; TP revised to Rs 468; ‘Hold’ maintained
Feb 10, 2020
State Bank of India Rating: Buy; Results were largely in line with estimates
FY20e EPS up 12% to factor in recovery from IBC account; valuations are attractive; ‘Buy’ retained
Feb 04, 2020
Analyst Corner: Retain ‘buy’ on JLR with target price of Rs 220
Standalone performance remained weak with CV margins additionally impacted by `2.4 billion one-off related to prior periods.
Feb 01, 2020
Havells India Rating | Buy — Weak showing by company in third quarter
Almost 70% of HAVL’s biz mix is B2C and the remainder B2B. Weak macros, liquidity challenges and slowdown in infra segment sharply impacted demand for industrial cables and switchgears as well as professional lighting.
Jan 27, 2020
Havells India Rating ‘buy’: Weak showing by company in third quarter
FY20-22e EPS cut by 3% due to macro scenario; TP revised to Rs 850; ‘Buy’ maintained
Jan 25, 2020
Tata Consultancy Services Rating ‘buy’: Revenue miss but margin was a surprise
TP up to Rs 2,500; Q4FY20 is expected to be soft; ‘Buy’ retained as company is likely to outperform peers in medium term
Jan 25, 2020
Analyst Corner: Liability profile for Axis Bank remains strong
NIM came at 3.57%, 6 bps higher sequentially. While improving spread led to 6 bps of positive delta qoq, impact of higher slippages (~7 bps) was offset by margin benefit from capital raise (~7 bps).
Jan 24, 2020
Divergent wholesale trends observed in auto sector during December
PV growth in December remained flattish, similar to Q3 when better festive demand, traction in new launches and relatively lower inventory levels have helped.
Jan 07, 2020
Building materials: RE growth to impact fly ash availability
Companies with higher share of PPC in sales mix and greater exposure to North region will be affected
Jan 06, 2020
Clinker pipeline lags grinding capacity plans
Over FY20-23e, industry is expected to add ~68mtpa grinding capacity and ~30mtpa clinker capacity.
Dec 30, 2019
Stock corner: ‘Buy’ on Sun Pharma, 1 Halol observation could have impact
Response to USFDA will be vital; specialty business, with positive outlook, key to earnings; risk reward is favourable; ‘Buy’ retained.
Dec 24, 2019
Stock corner: ‘Hold’ on Finolex Cables, revised price target Rs 400
FNXC's cables & wires applications range from domestic, industrial (Electrical) to transmission of content, voice & data (Communication).
Dec 19, 2019
Analyst corner | JK top pick in cement cos as upcycle may kick in regions
We estimate clinker utilisation there to improve from ~82% in FY19 to 84% and 91% respectively by FY22E against all-India clinker utilisation of 80%.
Dec 18, 2019
Q2FY20 review of Banks: Operating metrics improved further
Net stress reduction was a highlight; core profitability went up; Axis, ICICI, SBI and HDFC Bank are top picks
Dec 03, 2019
Rakesh Jhunjhunwala made Rs 967 crore from these five stocks in November
Mumbai to Goa, India's West Coast sparkles with stunning 'blue tide' but it's not THAT romantic!
COVID-19: Maharashtra extends lockdown restrictions till December 31
Lunar eclipse 2020: Check date, time and visibility of this year's fourth lunar eclipse
No Income Tax on life insurance policies of 10 or more years, ICAI recommends Modi govt
Meet Jonas Masetti, stock market pro and techie who teaches Vedanta & Geeta in Brazil!
More Chinese apps to be banned soon
Chandra Grahan 2020: Lunar eclipse on November 30, Check timing, where to watch and all you need to know
Having a problem with your EPF? Get it resolved through WhatsApp
'That's got Glenn Maxwell's approval': Fan's on-camera proposal at SCG applauded by Australian all-rounder
Terrorism biggest challenge faced by region, says India; Asks SCO to enforce int legal statutes to eradicate safe havens
Apple fined 10 million euros over "misleading" iPhone waterproofing claims
This is about politics, not farmer rights
Basin Trials of Indigenous Aircraft Carrier successfully conducted at CSL
Covaxin trial in Kolkata from December 2, TMC minister Firhad Hakim may get first shot
American Airlines conducts trials to transport COVID-19 vaccine
FAU-G pre-registrations are now live, still no word on PUBG Mobile India
Coronavirus: Health Ministry releases new Covid-19 guidelines for crowded marketplaces
Govt waives penalty for non-compliance with QR code provisions for B2C transactions till March'21
Protesting farmers say got MSP this kharif season; worry if they will get after 4-5 years
Switch to Hindi Edition
Banking & Finance
Travel & Tourism
From The Print
Edits & Columns
Companies, Stock Quotes