Impact to be greater for banks with unsecured loans and less for secured loans or joint liability group lending.
As the world’s third-largest and fastest-growing aviation market, India presents one of the globe’s biggest such growth opportunities, benefiting much…
The Q4FY17 PAT was Rs 150 crore (47% y-o-y), 9% below our estimate. PPOP was 2% below estimate driven by…
Earnings likely to be under pressure due to high level of bad loans, low coverage, and deteriorating PPoP.
Stock could come under pressure in near term but is expected to outperform over a one-year period
We cite gradual improvement in industry cement demand, UTCEM’s positioning with timely capacity additions, and its pan-India presence.
Data provided by housing finance companies along with results on rollout of revised Credit Linked Subsidy Scheme will be key
Valuation is implying only 70% of estimated growth in earnings; energy ROCE likely to be 15% by FY19e, making stock…
Karnataka, in the 2017-18 Budget, announced a revision in the additional excise duty (AED) on liquor.
Dec-17 Sensex target up 10% to 33,000 to reflect such possibility
Bajaj Finance & Bharat Financial Inclusion should deliver moderate returns over next year; Shriram City Union Finance likely to do…
The limits on Savings Bank accounts will continue, but more importantly for microfinance lenders, the limits for cash withdrawals from…
Earnings over last few years show that the company’s strategy of focusing on a dealer franchise and building a brand…
Sharp MCLR cuts by SBI and other banks (much bigger than deposit-rate cuts since April 2016) have surprised us negatively.…
Sun announced that its NCE drug Seciera has met phase 3 primary and secondary endpoints (in a study of 744…
In December, MSCI India’s performance ranking slipped to 19th in MSCI EM. In 2016, MSCI India’s performance ranking stood at…
As per industry data, e-auction realisations improved by 15-17% in October 2016 from lows in QE September 2016.
It has been three years since Diageo took operational control of USL and we acknowledge that we may have underestimated…
