News

Quote on IT Sector Demand Outlook for ERD companies by Sumit Pokharna, VP-Fundamental Research, Kotak Securities Below the Quote on IT Sector Demand Outlook for ERD companies by Sumit Pokharna, VP-Fundamental Research, Kotak Securities   1. How did IT engineering companies perform in Q2?   Pure-play Indian ERD (Engineering Research and Development) service providers reported a reasonable revenue growth, broadly in line with our estimates except TTL (TTL (services) (0.3%)). TTL reported another weak quarter and KPIT leading in revenue growth.   2. What does the demand ...
Quote on IT Sector Demand Outlook for ERD companies by Sumit Pokharna, VP-Fundamental Research, Kotak Securities
Quote on IT Sector Demand Outlook for ERD companies by Sumit Pokharna, VP-Fundamental Research, Kotak Securities
Source: Kotak Securities Ltd
2024-11-05 12:55:49 pm
Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities Below the Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities   WTI Crude oil prices continued their downward trend on Monday, following a 4% decline last week, owing to concerns about a potential US recession intensified after a disappointing jobs report, which further weakened demand prospects amid sluggish demand from China. However, production losses at Libya's largest oilfield, which was forced to begin winding down production due to prote...
Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities
Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities
Source: Kotak Securities Ltd
2024-08-06 02:00:10 pm
Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities Below the Quote on Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities   Oil prices remained near eight-month lows on Monday, as recession fears in the United States, the world's largest oil consumer, outweighed concerns that rising tensions in the Middle East might disrupt supplies from the key production region. Recent US economic data presented a mixed outlook. Average hourly earnings increased by 0.2%, slightly below the expected 0.3%. Non-farm pa...
Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities
Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities
Source: Kotak Securities Ltd
2024-08-05 04:49:55 pm
Quote on Gold and Crude by Kaynat Chainwala, Senior Manager-Commodity Research, Kotak Securities Below the Quote on Gold and Crude by Kaynat Chainwala, Senior Manager-Commodity Research, Kotak Securities   COMEX Gold prices recouped early losses after the much awaited FOMC policy meeting, during which the Federal Reserve kept the target range for the fed funds unchanged at 5.25%-5.50% for the sixth consecutive time, as ongoing inflationary pressures and a tight labor market indicate a stall in progress toward bringing inflation back down to its 2% target this year. Disapp...
Quote on Gold and Crude by Kaynat Chainwala, Senior Manager-Commodity Research, Kotak Securities
Quote on Gold and Crude by Kaynat Chainwala, Senior Manager-Commodity Research, Kotak Securities
Source: Kotak Securities
2024-05-02 11:28:29 am
Kotak Securities and NISM reach 68000 young Indians through their flagship Financial Literacy Program `Kona Kona Shiksha `during FY24 Mumbai, 2 April, 2024: Kotak Securities Limited (KSL) announced that it has imparted financial literacy to more than 68000 young Indians through its “Kona Kona Shiksha” initiative in collaboration with the National Institute of Securities Markets (NISM) during FY24. “Kona Kona Shiksha” is a CSR initiative launched in July 2021 to promote financial literacy to young citizens of the country.  Since its inception, NISM has conducted 2626 programs at over 1700...
Kotak Securities and NISM reach 68000 young Indians through their flagship Financial Literacy Program `Kona Kona Shiksha `during FY24
Kotak Securities and NISM reach 68000 young Indians through their flagship Financial Literacy Program `Kona Kona Shiksha `during FY24
Source: PR Agency
2024-04-02 06:03:34 pm
PE firm Olympus to sell up to $235 million stake in India`s Aster DM, term sheet shows Private equity firm Olympus Capital Asia plans to sell a 9.8% stake in India's Aster DM Healthcare for up to 19.53 billion rupees (nearly $235 million), according to a term sheet seen by Reuters on Tuesday. Olympus Capital, which owns about 19% stake in the hospital chain, is planning the sale at 400-437.20 rupees per share. The low end of the range represents an 8.5% discount to the Aster DM stock's last close and no discount at the upper range. Aster DM and Olympus did not imm...
PE firm Olympus to sell up to $235 million stake in India`s Aster DM, term sheet shows
PE firm Olympus to sell up to $235 million stake in India`s Aster DM, term sheet shows
Source: Reuters
2024-03-27 09:37:40 am