Ultratech Cement (UTCEM) entered into an MoU with JPA for 22.4mt (clinker 16.2mt) of cement assets at a valuation of…
Finance minister Arun Jaitley has stuck to his fiscal deficit guidance of 3.9% for FY16 and shown a roadmap of…
City Union Bank (CUB) stands out in comparison to other small private banks owing to its higher and well-managed MSME…
HPCL reported 3QFY16 EBITDA of R1,040 crore, led by GRM of $7.9/bbl (v/s est. of $5/bbl). Adventitious inventory losses stood…
GSK Pharma’s (GLXO) Q3FY16 sales increased 13% y-o-y to R7.3 bn (9% beat), Ebitda declined 6% to R1.0 bn (19%…
Cipla’s 3Q revenues came in at Rs 31 billion (up 12% y-o-y) and were 9% below our estimates primarily due…
Net sales grew 2% y-o-y (8.6% q-o-q) to Rs 6,100 crore (estimate of Rs 6,020 crore) on the back of…
Seimens’ (SIEM’s) 1Q FY16 operating performance was marginally below estimate, with revenue up 6% y-o-y (14% adjusted for sale of…
Bharti Infratel’s (BHIN’s) 3QFY16 consolidated EBITDA grew 5.5% y-o-y to Rs 13.43 billion (est: Rs 14.33 billion).
Colgate’s net sales grew 1.8% y-o-y to `10.1 billion (estimate of `10.5 billion), with modest 1% volume growth…
Indiabulls Housing Finance’s (IHFL) PAT grew 26% y-o-y and 9% q-o-q to Rs 6.04 billion (in line with estimate of…
We factor in the recent Zojila project win for IRB after the roads ministry clarified on due process being followed…
Infosys (INFO’s) 3QFY16 QoQ CC revenue growth was 1.1%, which was strong given muted expectations on the back of furloughs,…
Our recent discussions with various industry players, the ministry of new and renewable energy (MNRE) and wind IPPs reveal that…
MFI likely to register robust growth and profits over the next three years
Godrej Consumer (GCPL’s) domestic business demand trends remain mixed with urban demand (~78% of domestic business) showing early signs of…
We maintain ‘buy’ on PI Industries with a target price of Rs 800 per share, valuing the stock at 28x…
Initiate coverage on Vinati Organics (VOL) with a ‘buy’ rating and target price of R595 per share. We value the…
