News

Company Update : Sansera Engineering Ltd By Strong foundation in place for 20% sales CAGR, 20% RoCE By Emkay Global Financial Services We interacted with the management of Sansera Engineering and visited the company?s Forgings as well as Aerospace & Defence plants in Bengaluru. By leveraging the advantages (of cost, time-to-market and agility) afforded by its end-to-end integrated engineering capabilities, Sansera expects to benefit from increased outsourcing across its traditional as well as newer product lines to clock ~20% revenue CAGR in coming years (2x the underlying industry); this would help execute its str...
Company Update : Sansera Engineering Ltd By Strong foundation in place for 20% sales CAGR, 20% RoCE By Emkay Global Financial Services
Company Update : Sansera Engineering Ltd By Strong foundation in place for 20% sales CAGR, 20% RoCE By Emkay Global Financial Services
Source: Emkay Global Financial Services
2023-09-14 03:38:47pm
Emkay Investment Managers Ltd. appoints Manish Sonthalia as Chief Investment Officer Emkay Investment Managers Ltd. (EIML), the asset management arm of Emkay Global Financial Services Ltd., a leading financial services group, today announced the appointment of Mr. Manish Sonthalia as the Chief Investment Officer at the firm. Mr. Sonthalia comes with over three decades of rich experience in the financial services industry and joins the Emkay group from Motilal Oswal Asset Management Company Ltd. where he served as an Executive Director and CIO for PMS, Alternates, an...
Emkay Investment Managers Ltd. appoints Manish Sonthalia as Chief Investment Officer
Emkay Investment Managers Ltd. appoints Manish Sonthalia as Chief Investment Officer
Source: PR Agency
2023-09-13 03:18:34pm
India`s revised bank investment norms seen boosting debt appetite, earnings The Indian central bank's move to remove the cap on how much a bank can invest in bonds they intend to hold to maturity will boost lenders' appetite for government securities and benefit their bottom lines, bankers and analysts said on Wednesday.The Reserve Bank of India (RBI) did away with the ceiling on the held-to-maturity (HTM) category of investments on Tuesday, as part of a broader rejig of classification and valuation norms. The new norms come to effect from April 1, 2024.Typically, go...
India`s revised bank investment norms seen boosting debt appetite, earnings
India`s revised bank investment norms seen boosting debt appetite, earnings
Source: Reuters
2023-09-13 02:45:31pm
Sell Jubilant FoodWorks Ltd For Target Rs.420 - Emkay Global Financial Services JUBI has run-up ~20% in the last 6M in anticipation of growth pick-up. We believe the recent run-up is beyond fundamentals, as our checks suggest that the demand environment has only worsened post Q1 and recovery hopes may further get delayed. From a sporting events perspective, we believe the expected pick-up in the upcoming Q3 needs to be adjusted with 2 big events in the base (T20 and FIFA world cup). Specific to JUBI, the arrest of MoM dip in bill-size is a positive, but muted order...
Sell Jubilant FoodWorks Ltd For Target Rs.420 - Emkay Global Financial Services
Sell Jubilant FoodWorks Ltd For Target Rs.420 - Emkay Global Financial Services
Source: Emkay Global Financial Services
2023-09-13 02:36:43pm
Hold Route Mobile Ltd For Target Rs. 1,720 - Emkay Global Financial Route Mobile has steadily gained market share, particularly in India, over the last few quarters and growth momentum will be further aided by benefits accruing from: i) exclusive partnership with Vodafone Idea for International A2P SMS Services, ii) capturing higher share of message termination in India and other emerging markets from Telesign, and iii) ILD and NLD enterprise message price hikes wef 22-Apr and 1-Aug, respectively. We believe there could be some upside to the company?s cu...
Hold Route Mobile Ltd For Target Rs. 1,720 - Emkay Global Financial
Hold Route Mobile Ltd For Target Rs. 1,720 - Emkay Global Financial
Source: Emkay Global Financial Services
2023-09-13 02:29:38pm
Perspective on markets crossing 20,000 mark By Mr. Jaykrishna Gandhi, Emkay Global Financial Services Below perspective on markets crossing 20,000 mark. by Mr. Jaykrishna Gandhi, Head - Business Development, Institutional Equities, Emkay Global Financial ServicesThe markets yesterday touched new highs crossing 20,000. This was driven  by continued liquidity in the markets with improved commentary on Capex which can drive earnings visibility beyond FY24. Frontline stocks still remain attractive, we can see some correction in Mid and Small caps which have materially outperfo...
Perspective on markets crossing 20,000 mark By Mr. Jaykrishna Gandhi, Emkay Global Financial Services
Perspective on markets crossing 20,000 mark By Mr. Jaykrishna Gandhi, Emkay Global Financial Services
Source: Emkay Global Financial Services
2023-09-12 03:03:14pm