This would represent sharp improvement, but our confidence in these estimates is not very strong. There is a credit crunch…
Valuations are not factoring in changing scenario; initiated with ‘UW’ and TP of Rs 1,120
After a bad 2018, EMs are in for a stable New Year, with core inflation at low levels, even as…
We believe the market is underestimating the upfront costs of building US specialty and overestimating the pace of pick-up in…
A good portfolio strategy would be to bet on GARP (growth at a reasonable price) stocks among banks, discretionary consumption…
Ashok Leyland has outperformed the Nifty Auto Index by 23% over the last 12 months as truck volumes have been…
On various valuation models we use, the long-term growth that seems priced into Indian equities is tolerable.
A host of upcoming catalysts behind the good outlook; recent fall makes short-term valuations compelling; ‘OW’ retained.
Hathway plans to launch 300 Mbps, 2TB monthly data plans in Chennai from October 10 and pan-India from December 2018.
HDFC Bank is extremely well placed to keep gaining share in all parts of loans – retail, MSME, corporate. Digital…
We have a structurally bullish view on Indian mutual funds and HDFC AMC offers all the ingredients to be the…
While valuation is lofty, earnings compounding should drive returns; initiated at ‘Overweight’ with TP of Rs 2,050
Aiming at a GDP of $1 trn, the state is likely to be India’s growth engine for the next half…
The last two years were all about regulatory submissions and manufacturing facility clearance for Biocon’s four key biosimilar assets. The…
RIL stock has been range-bound year-to-date, but we see the stars aligning for it to break toward our price target…
Underlying trends in asset quality were good, with lower impaired loans and higher coverage – bank guided to watch list…
Consolidated Ebitda was above estimates; quarter results and positive outlook bode well for near-term earnings.
The market is unlikely to become “cheaper” without the level of confidence in future growth or the future growth estimate…
