The company remains a market leader and is well positioned to drive business growth, led by continued product innovation and…
The company remains a market leader and is well positioned to drive business growth, led by continued product innovation and…
As ad/subscription revenue outlook looks weak due to Trai’s latest order on capping of channel prices, we have lowered our…
Only three cement companies from our coverage universe outperformed the Nifty.
While corporate loan growth is strong and driving overall loan growth, retail loan growth remains skewed in favour of unsecured…
The recent sharp rally in the stock price and rich multiples (19x one year forward P/E) already factor in the…
CYL is creating a new RSU scheme for top-100 leaders in lieu of cash bonus.
Growth in Q3 is not likely to be sustained; current valuations duly capture underperformance; ‘Neutral’ maintained
In the ongoing consolidation, the management indicated LTI is on the positive side. It is optimistic on continued growth momentum.
IndiGo is expecting a lag in deliveries of new aircraft owing to various issues faced by Airbus with the family…
This could be a turning point for the industry, wherein incremental capital commitment would decline with players agreeing on better…
High capex and moderating revenue growth could crimp return ratios and compress the stretched valuation multiples. Retain Sell with unchanged…
Given the company’s strong order book position (OB/Rev: 3.1x) and superior execution capability, we expect revenue CAGR of 18% over…
In the interim, this could increase net debt to Rs 19.6 bn with net debt/Ebitda of 1.4x/1.3x in FY21/22E; RoCE…
The bank’s CASA ratio declined 120bp y-o-y but was up 20bp q-o-q to 39.5%, implying 21.5% y-o-y (+5.1% q-o-q) growth…
As organic growth speeds up and Mode-3 concerns recede, marginal re-rating is expected; upgraded to ‘Buy’ with TP at Rs…
We expect EBIDTA CAGR of ~14% over FY20-22, with FY22 EV/EBITDA of 5.4x.
In Oct’19, RJio launched its IUC plans, which supported active/MBB subscriber run-rate for both Bharti and VIL.
We estimate UV volumes to decline ~20% in FY20, implying 38% residual decline, due to expectation of disruption during BSVI…