Reliance Communication (RCom, UW) has announced several newsworthy corporate actions in the recent past.
Sobha’s 3Q presales (+12% Y/Y) and 9M (Flat Y/Y) highlight challenging on-ground conditions and impact of launch delays in high-value…
We maintain ‘overweight’ rating on Reliance Infrastructure with a revised March 2017 target price of Rs 580 per share. We…
Prestige recently announced buyout of Red Fort’s 62.5% stake in Exora Business Park – which holds Exora Business Park and…
Maintain ‘overweight’ on HDIL with a March-2016 price target of R140 per share based on 8x cash ebitda and inline…
Valuation multiples will moderate as growth rates ease and competition increases
Its strength is determined not only by capacity to spend but a host of other key factors, with the outlook…
Market gets more fragmented in EPC category which has bagged most orders
The macro narrative in the current calendar year (CY2015) was one of softening inflation and weak growth.
Tata Motors outlook is improving in second half, India business is poised for recovery
But Tata Steel has scored key positives in its pension schemes in Europe, and its India operations remain relatively robust
Nestle India’s 3QCY15 operational performance was below expectations owing to a higher-than-estimated adverse impact from the Maggi recall.
We maintain ‘neutral’ on Nestle India and cut our FY16e and FY17e EPS by 4% and roll forward our price…
Flexibility in its crude and product slate and risk management make for higher-than-expected refining margins
We have an overweight rating on DLF with a March 2016 price target of R210. Our target is SOTP-based, valuing…
We maintain overweight on Housing Development and Infrastructure (HDIL) with a price target of Rs 140 a share. Our March…
RJio to be positioned as end-to-end solution provider; rollout likely by December
Company sought board approval to raise R7,500 cr which indicates potential for larger deals
