Consistent outperformance; pipeline remains strong
* Q3FY21 revenue/EBITDA/PAT beat our expectations by 8%/13%/10% on the back of robust 40% growth in exports (8%..
Gearing up for next level growth; maintain Buy
* VO has announced a scheme of amalgamation of Veeral Additives (VAPL) into VO, subject to NCLT approval. VAPL is in the..
Higher DD&A and taxes dent bottom-line; on consolidation mode in gas businesses
* Q3FY21 standalone revenue/EBITDA/PAT stood at Rs170.2bn/65.1bn/13.8bn. EBITDA wa..
Healthcare division sustains strong traction; maintain Buy
* ADVENZY’s reported Q3 EBITDA/PAT were above our estimates by 40%/46%, driven by a sales beat (on b..
Outlook improves for retail loans amid wholesale pain
* The run-down of EDEL’s book finally seems to have bottomed out, with AUM growing by 3.7% QoQ to Rs..
* We upgrade IGL from Hold to Buy and downgrade GGL from Buy to Hold based on current risk-reward. We retain IGL’s Rs610 TP but raise GGL’s TP to Rs520 from R..
Below are Quote on Rupee by Mr. Rahul Gupta, Head of Research-Currency Emkay Global Financial Services
We have seen Rupee to appreciate immediate..
Q3 review: Strong quarter; good times likely to continue
* Aggregate revenue growth of 18% yoy, excluding TTMT, was broadly in line with the estimate in Q3FY21. OEMs ..
Robust demand; all eyes on price hikes
* Our channel checks suggest that the industry likely recorded MoM growth (despite three days less) and high single-digit volum..
Reflation without inflation?
* The global reflation theme is making a resounding comeback amid mega policy pump-priming, commodity upsurge and a V-shaped demand recov..
Growth reverts to positive territory
* Q3FY21 GDP growth came in less robust than our expectations at 0.4% (Consensus: 0.6%, Emkay: 2.0%) even as real GV..
Buy Tata Motors Ltd For Target Rs.355
India biz: cyclical upturn, new products and cost savings to drive earnings performance
We attended TTMT’s India busine..
India’s RBI likely sold dollars, received forwards to stem rupee’s drop - traders
Euro testing support as Ukraine crisis looms over growth
India rupee sees worst week in seven on new variant
Indian rupee weakens against US dollar on Monday
Currency Squeeze: Rupee expected to weaken further
Kartik Aaryan says his `Freddy` character is twisted, like twist in the plot
Kajol says nobody could play Venky better than Vishal Jethwa in `Salaam Venky`
Google announces new updates for Workspace
Boxer Rohit Tokas defends his gold at All India inter railway championships
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