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  1. Business News
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  3. kotak

Kotak

Retain ‘reduce’ on Mindtree, target Rs 713

Mindtree reported organic c/c revenue growth of 3.6% and reported growth of 6.1%, a material outperformance after the guiding down…

By Kotak
April 21, 2016 06:13 IST
Bajaj Corp’s Q4 FY16 results weak overall: Kotak

Bajaj Corp (BJCOR) reported a disappointing quarter on all fronts

By Kotak
April 14, 2016 05:36 IST
Acquisition will help UltraTech consolidate: Kotak

UltraTech signed a definitive agreement with Jaiprakash for the acquisition of 21.2 mtpa capacity for 164 billion while leaving out…

By Kotak
April 2, 2016 00:08 IST
GPL maintains asset light strategy: Kotak

Godrej Properties (GPL) announced a second investment platform for new business development, thus maintaining its asset light strategy.

By Kotak
March 23, 2016 00:19 IST
aurobindo pharma, bse sensex
Kotak downgrades Lupin to ‘Reduce’, citing USFDA action

Lupin Pharmaceuticals (LPC) had a double whammy as news of a form 483 at its key Goa facility led to…

By Kotak
Updated: March 18, 2016 09:32 IST
Maintain ‘reduce’ on Lupin Pharma: Kotak

Lupin Pharmaceuticals (LPC) announced the completion of GAVIS acquisition in the US.

By Kotak
March 11, 2016 00:10 IST
Maintain ‘buy’ on Kaveri Seed: Kotak

As per unauthenticated media articles, the Central Government panel on cottonseeds pricing has recommended lowering the MRP to 800/packet (versus…

By Kotak
March 5, 2016 00:12 IST
Retain ‘sell’ on Castrol India, target Rs 385: Kotak

Castrol’s reported results were well below our estimates led by 4% y-o-y decline in volumes and 1% q-o-q decline in…

By Kotak
February 26, 2016 00:12 IST
Lupin betting big on US launches: Kotak

Lupin’s US business reported sales in line with our estimates after four successive quarters of misses, helped by flu season…

By Kotak
February 25, 2016 00:14 IST
Maintain ‘add’ on Union Bank, target Rs 140: Kotak

Union Bank’s earnings declined 74% y-o-y on the back of 9% y-o-y decline in operating profits and 45% y-o-y increase…

By Kotak
February 13, 2016 00:00 IST
Maintain ‘sell’ on Motherson, target Rs 220: Kotak

Motherson Sumi reported consolidated net profit of Rs 310 crore, which was largely in line with our estimates but below…

By Kotak
February 11, 2016 00:17 IST
Cut rating on Sadbhav Engg to ‘add’, target price Rs 335: Kotak

More than the weakness on margin and interest cost (to normalize from FY2017), we focus on Sadbhav’s potential to secure…

By Kotak
February 10, 2016 00:13 IST
Maintain ‘reduce’ on Cummins India, target Rs 875: Kotak

The weaker-than-expected operational performance during the third quarter was largely led by weak exports; the growth may remain subdued in…

By Kotak
February 6, 2016 00:06 IST
Maintain ‘sell’ on United Breweries, target price Rs 750: Kotak

United Breweries (UBBL) reported an above-expectations 3QFY16 partly aided by a low base. Outperformance was driven by higher-than-expected volume growth…

By Kotak
February 4, 2016 00:11 IST
Retain ‘reduce’ on Havells, target revised to Rs 285: Kotak

Havells’ 3Q FY16 results and conference call were encouraging given strong domestic sales across segments, improvement in contribution margins, positive…

By Kotak
January 29, 2016 01:17 IST
Maintain ‘buy’ on Mahindra and Mahindra Fin, target Rs 265: Kotak

Mahindra Finance’s (MMFS) 3QFY16 performance was significantly weaker than expected, highlighting the extent of stress in parts of rural India.

By Kotak
January 26, 2016 00:14 IST
sensex, nifty, bse, nse, stocks in focus, sensex today, stock market today, happy new year
Cautious on TGBL, target price Rs 150: Kotak

We discuss Starbucks JV’s FY2015 financial performance in this note.

By Kotak
Updated: December 4, 2015 07:40 IST
siemens
Buy Siemens with target of Rs 750: Kotak

Siemens reaffirmed that pick-up in capex is led by T&D, railways, renewables and roads, while capex in other key sectors…

By Kotak
Updated: December 3, 2015 07:38 IST
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Latest News

Railway Minister Ashwini Vaishnaw says train placement, coach position, arrival and departure information is available through multiple channels, including the RailOne app.

Train, coach information available through multiple channels, including RailOne: Ashwini Vaishnaw 

Infosys Trims FY27 Revenue Guidance to 1.5%–3% Amid Macro Headwinds Despite Rising AI Demand

Infosys trims FY27 growth outlook as macro clouds persist

Vaibhav Sooryavanshi hits 18-ball fifty, becomes youngest half-centurion in T20I history

’18 balls! What a phenomenon’: Tharoor joins X frenzy over Vaibhav Sooryavanshi’s maiden 50 for India

IndiGo’s Rahul Bhatia Warns Allowing Airport Operators to Own Airlines Causes 'Massive Conflict of Interest'

IndiGo’s Rahul Bhatia warns letting airport operators own airlines will create ‘massive conflict of interest’

IndiGo Managing Director Rahul Bhatia says allowing airport operators to own airlines would create a conflict of interest.

‘No such global precedent’: IndiGo’s Rahul Bhatia on possibility of airport operators being allowed to own airlines

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