Earnings revision is still trending down; Nifty EPS cut 2.8/3.0%, with 9/27% growth likely in FY19/20e

Performance in Q3 was strong; while gas volumes will grow, FY19/20/21e EPS cut to reflect lower oil output; ‘Buy’ maintained

Indian Hotels remains confident about achieving its ‘Aspiration 2022’ goal of being an iconic and profitable hospitality company.

The USFDA has issued an establishment inspection report (EIR) with voluntary action indicated (VAI) status for Dr Reddy’s lab site…

Margins are expected to be range-bound; growth in communication will offer upside; TP raised to Rs 860.

Subscription base declined 8.3% to 387 m (2% beat), a fall of 35.1 m due to the Minimum Recharge Vouchers.…

Q3 was a mixed bag for the company with a miss on margins; ‘Buy’ maintained

FY19/20e consol. PAT up 1.4/2.3%; bank is expected to gain market share with improving profitability; TP revised to Rs 1,350.

NMDC is currently shipping about 23 mtpa iron ore from this complex. In the worst case, if outcome in the…

Consolidated revenue grew 18% YoY to Rs 2,170 crore (in-line), driven by robust ad/subscription growth. EBITDA grew 27% YoY to…

Sustained growth in casino biz; cost rationalisation supporting online gaming Casino gaming revenue grew 30% YoY (flat QoQ) to INR2,021m…

Overall demand environment was good in Q3FY19 with market share gains across key portfolios.

Domestic gas production has also been lagging projections.

CESC has become a pure power distribution and generation business. We have reworked our model to account for the demerger.

SBIN earnings have been suppressed over past several years owing to challenges on asset quality, merger issues and adverse rate…

Sun Pharma (SUNP) conducted conference call to address issues, which were raised by some media reports, related to corporate governance…

We met UPLL’s management to cognize the narrative around the company’s strategy to emerge as a better player with an…