24 Nov, 2014
Articles By Religare
Monsoon in India: How the country is benefitting from rain relief
Monsoon in India - IMD forecasts widespread rain across Punjab, Uttar Pradesh, Rajasthan, Uttarakhand: India received above-normal rainfall during the week ended 13 July, even as spatial distribution was skewed towards the ce
Jul 15, 2016
Maintain ‘buy’ on Cummins India, target price Rs 1,000
Cummins India posted below-expected Q4FY16 results (PAT -14% y-o-y to `1.6 billion) on account of a 30% y-o-y decline in exports as demand remained sluggish amid global volatility.
May 31, 2016
Maintain ‘buy’ on Bajaj Auto, target Rs 2,750: Religare
Bajaj Auto’s Q4FY16 numbers were largely in line with estimates. Soft commodity prices aided EBITDA margin gains of 356bps y-o-y to 21.3% (RCMLe 21.1%).
May 28, 2016
Maintain ‘buy’ on Tata Communication, target Rs 615
Tata Communications (TCOM) has announced the sale of a 74% stake in its India and Singapore data center business to Singapore Technologies Telemedia (ST Telemedia) for an EV of $634 million.
May 21, 2016
Buy on Cadila Healthcare with target of Rs 370
We initiate coverage on Cadila Healthcare (CDH) with BUY and a Mar17 TP of `370.
May 19, 2016
Retain ‘hold’ on Sun Pharma, target Rs 940: Religare
On factoring this in as well as losses from cessation of Keveyis sales (halted recently), our March 2017 TP remains broadly unchanged at Rs 940. Retain hold.
May 06, 2016
Maintain ‘buy’ on Glenmark Pharma; target Rs 1,040
Glenmark Pharma’s Pithampur formulation plant has received three observations after a recent USFDA inspection.
Apr 22, 2016
Aiming to grow at 100-125% annually: Patanjali Ayurved
Company needs greater focus on back-end supply chain management and quality maintenance
Apr 18, 2016
Maintain ‘buy’ on Info Edge, target Rs 1,050: Religare
Info Edge (INFOE) is focused on investing in Naukri.com to raise product quality and maintain its dominance. Naukri is looking to enter new verticals...
Mar 12, 2016
Maintain ‘hold’ on ITC, target price Rs 350: Religare
The government has announced a 10% y-o-y hike in excise duty (RCMLe 15%) on cigarettes across segments in the Union Budget 2016-17.
Mar 02, 2016
Retain hold on M&M, target Rs 1,330: Religare
We attended M&M’s TUV300 launch at the company’s Chakan plant in Pune.
Sep 15, 2015
Mindtree Q1 revenue beats Street, margins slip on M&A: Religare
Mindtree’s (MTCL) Q1 revenues grew 4.8% q-o-q to $154 million while ebit margins slid 190 bps q-o-q to 14.3% on higher visa costs.
Jul 18, 2015
OnePlus TV: Televisions Set to Get the Never Settle Feeling!
How to check if you are eligible for a personal loan
OnePlus 7 Pro and OnePlus 7 in the Amazon Freedom Sale: the perfect Phone Investment
How to choose the best personal loan for you
Planning your new smartphone? Here are eight things to consider
Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
Budget 2019: Hike in import duty may dampen the gold rush
Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
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