The property sector witnessed two capital raising announcements by Mumbai developers over the weekend.
Reliance Communications reported an in-line quarter with modest improvement in India revenue growth, healthy Ebitda margins, continued reluctance to invest…
Cigarette volume growth flags, FMCG, hotel grow in double digits
Ashok Leyland Ltd (ALL) reported Q4 profit after tax of R2.3 bn, which was above our estimate as the Ebitda…
Reiterate ‘overweight’ on HDIL with a target price of R140 a share. HDIL is one of the cheapest stocks (P/B)…
Guidance, moderation in attrition and good employee addition point to recovery efforts.
No visibility on demand recovery, volume outlook remains weak
