Makemytrip reported over 300% growth in domestic hotel transactions in 3Q, vs our expectation and management guidance of 175-200% growth.
HDFC Bank (HDFCB) continues to grow well in excess of the system (headline and retail) taking in market share while…
Axis Bank surprised us with a mere `10 billion of new NPAs under RBI’s scrutiny – resets two views: RBI…
Consumption trends remain weak across categories, with revenue growth for discretionary companies at 20-year lows in real terms.
Power transmission projects are mainly awarded through, nomination basis to Power Grid (PGCIL) and competitive bidding (TBCB). Sector was opened…
Gujarat Pipavav Port (Pipavav) has put behind a difficult 2Q of lost shipping liners, bad weather and disrupted rail operations.
MNC Engineering received strong interest and Railways came as a positive surprise to investors with PMO directly looking into the…
Retain ‘hold’ on Tata Steel with a target price of R205 per share. We believe the potential divestment of its…
Tcs issued a profit warning for the December quarter, due to operational disruptions from Chennai floods in the first week…
While domestic demand has shown positive signs, the steel pricing pressure is likely to persist
We maintain ‘buy’ on Nestle India but cut our revenue and earnings forecast by c.5-10% to factor in year-to-date performance…
Retain ‘buy’ on Sun Pharmaceuticals with a target price of R1,050 per share. Taro announced that it plans to invest…
While Q2 Ebitda was in line with estimates, net profit was 13 % higher due to lower exploration related write-offs
We retain our ‘hold’ rating on the D. Reddy’s Laboratories (DRRD) stock. Earnings for the next 6-9 months will remain…
Crompton Greaves (CRG) reported disappointing 2QFY15 EBITDA – 13.5% below estimates.
Likely fall in iron costs and ramp-up in production bode well for company
The company posted resilient growth amidst a tough environment
Revenue growth convergence between TCS and Infosys to become apparent
