FY19-20e EPS for NBFCs cut 2-13%; despite correction, there’s need to be selective; MMFS, BAF are top picks.
CERC order removes pricing overhang; stock is a good long-term holding; ‘Buy’ retained with TP of Rs 2,050.
Key negative for company was 4% dip in post-paid subscribers; this would be a primary challenge for Voda/Idea going forward.
With valuations very high, multiple re-rating unlikely; earnings growth to drive stocks; discretionary space to be preferred over staples
Severity of observations with Form 483 unknown; issue resolution is vital for the stock to sustain valuations which are full
ARBP received approval for gRenvela suspension, $140 million. Auro was a late filer for the product but is the first…
A good quarter and details of $2 bn cash return plan could be positive triggers for stock; top sector pick.
Narayana is, in our view, well-positioned to succeed in the changing healthcare landscape. Its affordable focus allows for better organic…
In its Budget, the Centre announced intentions to merge oil and gas PSUs to create larger vertically-integrated entities.
More than the fundamentals, under-ownership of RIL in FII and DII portfolios seems to be behind the upward movement of…
A visible R110-130 bn annual pipeline makes stock a good portfolio holding.
Company on track to achieve full-year estimate; despite strong performance over past 12 months, valuations remain reasonable
Vodafone India and Idea as combined entity would gain from synergies
Sun reported results better than expected led by margins 350 bps ahead of expectation.
The transitional phase continues to throw surprises at the Street which is currently unidimensionally focused on asset quality, where we…
Indraprastha Gas’ Q4 results were largely in line with our estimates on all key parameters such as volume growth, EBITDA…
The Maggi issue aside, investors have been concerned about excessive price hikes and lack of innovation, and the resultant impact…
