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Disney exploring sale or partners for India business, source says Walt Disney is exploring options to sell or find a joint venture partner for its India digital and TV business, a source with direct knowledge said on Wednesday. The talks are in a "very, very nascent" stage and no potential buyer or partner has been approached so far, and it remains unclear how the process will pan out, the person added. "Talks have begun internally (on) what makes sense to do," said the source, adding discussions were being driven by executives at ...
Disney exploring sale or partners for India business, source says
Disney exploring sale or partners for India business, source says
Source: Reuters
12/07/2023 12:11:48 PM
Only 14% of the time Nifty has been more expensive than current level  The Nifty rallied 10.5 per cent during the April-June quarter and was the 4th best performing index after Brazil (+15.9 per cent), Japan (14.2 per cent) and Russia (14.1 per cent), foreign brokerage, CLSA said in a report. Nifty outperformed the EM benchmark by 10.6ppts. China (-7.8 per cent) and Hong Kong (-7.3 per cent) were the worst performing markets followed by Thailand (-6.6 per cent). The premium of the Nifty 12-month forward PE is getting close to the extended zone as onl...
Only 14% of the time Nifty has been more expensive than current level
Only 14% of the time Nifty has been more expensive than current level
Source: IANS
6/07/2023 2:31:32 PM
Paytm share surpasses Yes Securities, Morgan Stanley target; rallies for 4 straight days  After receiving buy ratings from all the top global and domestic brokerage and research firms, Paytm stock price has surpassed the target prices pegged by Morgan Stanley and YES Securities, while is just inches away from the targets set by Bank of America, CLSA, and JM Financial Services. In a span of four trading days, Paytm share price has rallied more than 36 per cent, reclaiming the 700-mark. The analysts turned bullish and raised target price on Paytm stock after the company ...
Paytm share surpasses Yes Securities, Morgan Stanley target; rallies for 4 straight days
Paytm share surpasses Yes Securities, Morgan Stanley target; rallies for 4 straight days
Source: IANS
9/02/2023 3:51:01 PM
Paytm's sooner than promised profitability impresses analysts, Brokerages issue Buy calls Paytm, India's leading digital and mobile payments and the pioneer of QR code, has received positive commentary from the global brokerages' analysts after the fintech company achieved operating profitability with EBITDA before ESOP cost at Rs 31 crore, ahead of its guided timeline of September 2023. Global firms such as Goldman Sachs, Bank of America, CLSA and Citic have raised their price target on Paytm by up to 119 per cent. Citi, CLSA, and Goldman Sachs have recommended to b...
Paytm's sooner than promised profitability impresses analysts, Brokerages issue Buy calls
Paytm's sooner than promised profitability impresses analysts, Brokerages issue Buy calls
Source: IANS
6/02/2023 3:38:47 PM
Indian telecom players to follow China's 5G call route : CLSA Indian mobile phone service providers will follow China's 5G and industrial internet line, said CLSA Ltd in a research report. According to the report, Reliance Jio and Bharti Airtel will consolidate their market further and deliver 22-23 per cent EBITA CAGR by FY25CL. China and India have the world's two largest mobile bases, with a combined 2.78 billion (bn) subscribers. The worldwide march to 5G accelerated with China launching SA 5G (standalone standard) in 2020, said the...
Indian telecom players to follow China's 5G call route : CLSA
Indian telecom players to follow China's 5G call route : CLSA
Source: IANS
15/09/2022 2:39:25 PM
Buy UPL Ltd For Target Rs.1,100 - CLSA Journey to 25% Ebitda margins New launch successes are key to achieving this goal UPL is aiming for 25% Ebitda margins by FY26 vs 20.6% in 1HFY22. Success in differentiated and sustainable products (management expects a 50% contribution to sales from such products by FY26 from 29% currently) and unique farmeroriented solutions that create demand for such products should enable UPL to achieve this goal. A transition towards high-value products should drive a PE rerating. We reiterate a B...
Buy UPL Ltd For Target Rs.1,100 - CLSA
Buy UPL Ltd For Target Rs.1,100 - CLSA
Source: CLSA Ltd
6/01/2022 4:50:35 PM
CLSA calls time on the 20-month rally in Indian equities "We call time on the 20-month rally in Indian equities," foreign brokerage CLSA said. The CLSA said concerns range from elevated energy and broader in put price pressures applying downward pressure to margins, the current account balance and thus currency outlook, the withdrawal of RBI stimulus, and a lack of upside implied by Indian equities' typical macro drivers. Rich valuations, a high probability of earnings disappointment, and a potential lack of marginal buyers add ...
CLSA calls time on the 20-month rally in Indian equities
CLSA calls time on the 20-month rally in Indian equities
Source: IANS
14/11/2021 9:42:31 AM
Economic normalcy in India by August-September, predicts CLSA The second wave of the Covid-19 pandemic is expected to peak in India by June, and economic normalisation is likely by August-September, as per foreign brokerage CLSA. CLSA said the second wave will peak by June 2021 in India, though some states may take more time. India may see a peak in the 7DMA of new cases by June. This peak in Maharashtra may have already happened, while Haryana, Delhi and Andhra Pradesh are next in line, CLSA said. Using the mid-date of the predicted range, 11 ...
Economic normalcy in India by August-September, predicts CLSA
Economic normalcy in India by August-September, predicts CLSA
Source: IANS
14/05/2021 10:08:21 AM