Auto industry is one of the most highly taxed sectors. In addition, owing to the long, complex supply chain, there…
Our two-week marketing in US/Europe suggests abundant caution and underweight stance on the sector among investors. Risks of tech transition…
While both banks have good prospects, ICICI Bank seems a better choice
Natco reported a good set of results with revenues inline with expectation and margins 200bps ahead of expectation. Profit after…
We met GAIL’s management recently. The company indicated that tariff orders on three larger pipelines are unlikely anytime soon.
Quarter was weaker than our muted expectation – sharp NIM collapse from interest reversal owing to higher NPLs, continued weak…
NIM was near the bottom end of the last 20-quarter range even as asset quality worsened
Q1 profit grew 47% year-on-year (y-o-y) to `420 crore (10% beat) as stronger NII growth and operating leverage gains, offset…
Q1 results disappointed, but it mainly reflects rural stress prevailing before monsoon. Also Q1 accounted for only 14-19% of profit…
Reliance reported a large beat in Q1 earnings driven by gross refining margin (GRM) of $11.5/barrel. However, based on management…
ABB reported results in-line with expectations.
Slowing growth in banking/financials/insurance and decline in Japan dragged down performance
NTPC and PGCIL to gain from earnings stability and SEB reforms
We expect a mixed quarter for the Indian pharma sector. While US business should see strong growth led by exclusivity,…
In its analyst meet on Friday, Hindustan Petroleum (HPCL) management raised its standalone capex guidance significantly to `534 billion over…
In its analyst meet on Friday, HPCL management raised its standalone capex guidance significantly to R53,400 crore over FY17-21 vs…
While earnings prospects are good, some underlying revenue streams need to be closely watched
We remain positive on the outlook for CV credit demand. Potential normal monsoon could boost demand further.
