We maintain our Accumulate rating on United Phosphorous Ltd by Ms. Sarabjit Kour Nangra - Angel

Below is the views on United Phosphorous Ltd 1QFY2017 Results By Ms. Sarabjit Kour Nangra (VP- Research Pharma, Angel Broking Pvt Ltd) 

“For 1QFY2017, the company posted sales of INR 3,452cr V/s INR 3,205cr in 1QFY2016, a YoY growth of 7.7%. All markets, except the Indian and USA, which posted growth of 1% and 5% respectively, posted d

We maintain our Neutral rating on Housing Development Finance Corp Ltd by Mr. Siddharth Purohit - Angel

Below is the views on Housing Development Finance Corp Ltd 1QFY2017 Results By  Mr. Siddharth Purohit (Sr. Equity Research Analyst- Banking, Angel Broking Pvt Ltd )

“HDFC Ltd reported marginal pick up in the business growth during the quarter with 14.9% growth in AUM. While this looks better than the growth witnessed in 4QFY16, it

Can Verizon deal revive Yahoo, expand jobs in India?

Most of us who thronged cyber cafes in the late 1990s and a little into 2000s for surfing the internet, checking emails, night-long chats and online dating (for some lucky souls, though) can never forget the initiation into the World Wide Web, thanks to Yahoo.

Yahoo Mail and Messenger were once the gospel for all -- be it teenagers, parents or teachers. Social media was yet to penetra

Chemistry between finance minister and RBI Governor crucial: Subbarao

 Considering the strained relationship between the government and the Reserve Bank of India chiefs, former RBI Governor D. Subbarao said there was no way out of it and a lot depends on the latter's chemistry with the finance minister.

“Both have the same objective of growth, but RBI looks at long term growth and government looks at short term growth that re

Innovation a driver of growth, prosperity

Carrying out innovations is the only function which is fundamental in history: J.A. Schumpeter

Innovation is a fascinating topic which can be looked from a variety of perspectives. These include, but are not limited to, the context of technological change, the viewpoint of economic growth, the aspects of corporate management and, most recently, the aspect of global potential of nation

We maintain our Neutral rating on ACC Ltd by Mr. Siddharth Purohit - Angel

Below is the views on ACC Ltd 2QCY2016 Results By  Mr. Siddharth Purohit (Sr. Equity Research Analyst- Banking, Angel Broking Pvt Ltd )

ACC Volumes disappoints, while margins improved

“ACC reported INR 238 cr of PAT for 2QCY16; bottom-line has been little lower than expectations. The company seems re

We maintain our Neutral rating on Rallis India Limited by Ms. Sarabjit Kour Nangra - Angel

Below is the views on Rallis India Limited 1QFY2017 Results By Ms. Sarabjit Kour Nangra (VP- Research Pharma, Angel Broking Pvt Ltd) 

“For 1QFY2017, the sales of the company came in at INR 445cr V/s INR 415cr in 1QFY2016, a YoY growth of 7.2%. The onset of monsoon was delayed and the progress in June was sluggish leaving 11% deficit by end of the month

The upcoming week will be eventful on the earning front by Mr. Jayant Manglik- Religare Sec

Below is the views on weekly technical recommendations by Mr. Jayant Manglik, President, Retail Distribution, Religare Securities Ltd.

Markets consolidated in the passing week on expected lines and ended unchanged, tracking mixed cues from both domestic and global front. Mixed earning announcements from several index majors and not so encouraging world markets kept the upside in check

We maintain our accumulate rating on Sanofi India Ltd 2QCY2016 Result By Ms. Sarabjit Kour Nangra - Angel Broking Pvt Ltd

Below the views on Sanofi India Ltd 2QCY2016 Result  By Ms. Sarabjit Kour Nangra (VP- Research Pharma, Angel Broking Pvt Ltd)

“For 2QCY2016 company posted robust results. On sales front, the company posted sales of INR 565cr, a YoY growth of 9.9%. On the profitability front, the company had gross margins of 50.5% V/s 48.3% in 2QCY2015, which enabled th

We have a Neutral rating on Axis Bank Ltd 1QFY2017 Results By  Mr. Siddharth Purohit - Angel Broking Pvt Ltd 

Below is the views on Axis Bank Ltd 1QFY2017 Results By  Mr. Siddharth Purohit (Sr. Equity Research Analyst- Banking, Angel Broking Pvt Ltd )

“Axis Bank’s results were expected to be under pressure during the quarter; however the reported PAT of INR 1556 cr is much below our expectations, largely due to sharp rise in provisioning. However, i

We maintain our Accumulate rating on HDFC Bank Ltd by Mr. Siddharth Purohit - Angel

Beloe is the views on HDFC Bank Limited 1QFY2017 Results by Mr. Siddharth Purohit (Sr. Equity Research Analyst- Banking, Angel Broking)  
 
“HDFC Bank’s business growth during the quarter remained strong with loan growth of ~23%; this led to 22% growth in net interest income. Other income saw some moderation growing by only 14%. Whi

We maintain our buy rating on Wipro Ltd by Ms. Sarabjit Kour Nangra - Angel

Below is the views on Wipro Limited 1QFY2017 Results by Ms.Sarabjit Kour Nangra (VP Research- IT, Angel Broking) 

Wipro (CMP: INR 549 / TP: Under Review /Upside:)

“For 1QFY2017 the company posted results below expectations on the net profit front. The company posted a 2.6% sequential growth in USD IT services revenues to end the period at US$

Japan manufacturers may cut profit targets on post-Brexit yen surge - Reuters poll

By Chris Gallagher

TOKYO - Nearly four in 10 Japanese manufacturers say they may cut their annual earnings targets in the wake of Britain's decision to leave the European Union, fretting about the impact of a surge in the safe-haven yen, a Reuters poll showed.

Worries were particularly acute at major exporting industries with 61 percent of electronics firms and 57 percen

Brexit dents global economic outlook, fiscal stimulus ahead - Reuters poll

By Rahul Karunakar

Confidence in prospects for the global economy has been dented following Britain's vote to leave the European Union, with a growing view that monetary policy is a fading force and many governments now need to borrow and spend, Reuters polls showed.

Broad worries about political risks are also on the rise everywhere and not restricted just to Brexit'

Religare s Note on ACC- Ambuja Merger by Mihir Jhaveri, Director- Institutional Researce - RCML

Below is the views on Religare’s  Note on ACC- Ambuja Merger by Mihir Jhaveri, Director- Institutional Research, Religare 

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday paved the way for Ambuja Cements to acquire a 24% stake in its holding company, Holcim (India), a move which would lead to an outflow of Rs 3,500 crore from India and be

India economic growth to remain solid, only one rate cut likely: Reuters poll

India's economy will hum along at a solid pace for the remainder of this fiscal year provided structural reforms are passed, while above-target inflation means the Reserve Bank of India will only cut rates once more this year, a Reuters poll found.

The poll of over 30 economists, taken in the past week, showed Asia's third largest economy will expand 7.8 percent in the fiscal

Internet links biggest fear for Indians on the move: Survey

Not high roaming bills but the lack of internet connectivity is the biggest fear of Indians while travelling, a survey revealed on Wednesday.

Nearly 34.5 per cent of people feared the lack of mobile network while travelling while just 6.9 per cent are afraid of high roaming bills, said the survey conducted by web brower Opera and lifespan accommodation company Wudstay.

POLL - British slide into recession to force BoE's hand next month

By Jonathan Cable

LONDON - Britain's economy will slide back into recession in the coming year, forcing the Bank of England next month to cut interest rates and start purchasing bonds again to support growth, according to a Reuters poll of economists.

Britain's June 23 vote to quit the European Union sent shockwaves through global financial markets and economists par

We maintain Neutral rating on UltraTech Cement Ltd By Mr. Siddharth Purohit - Angel

Below is the views on UltraTech Cement Ltd 1QFY2017 Results By Mr. Siddharth Purohit (Sr. Equity Research Analyst- Banking, Angel Broking Pvt Ltd) 


 “Ultratech cement reported good set of results for the quarter. Though volumes grew by 6% YoY, realisations remained under pressure, which was on expected lines. Higher operating leverage and