Buy Havells India Ltd For Target Rs.1,486
Solid growth despite inflationary pressures a key positive, margin headwinds remain
Havells has once again man..
Icra Rating has said that the economy finally looks nearly out of the pandemic woods, helping the Q2 GDP print at 7.7 per cent, with half of the 15 high-frequency indicat..
Premiumisation thesis intact…
About the stock: Minda Industries (MIL) is India’s largest maker of automotive switches, horns, seats & PV alloy wheels ..
Guidance for sequential rise in health segment loss ratio applies only to 2HFY22
* Net premiums: Net premiums rose 3.1% QoQ, driven by the crop se..
Hold Rallis India Ltd For Target Rs.271
Erratic rains dampen party
Rallis India posted Q2FY22 results below our and consensus estimates with EBITDA/PAT declining 24..
In-line performance; no surprises
ICICI Prudential’s H1FY22 results were broadly on the expected lines. Since IPRU’s monthly new business numbers were alre..
Lack of near term triggers
Management commentary remains positive around demand environment particularly for clients based out of US & Europe though th..
India's economic recovery widened in Q2FY22 as the impact of Covid-19's second wave abated, ratings agency ICRA said.
In quarterly terms, half of the high freq..
Healthy demand environment to sustain
L&T Tech Services (LTTS) posted Q2FY22 revenue growth of 5.7% QoQ (USD217.4mn) beating our/Street’s estimate of USD215m..
Jubilant Ingrevia (‘Ingrevia’) came out with its Q2FY22 results, which showed significant QoQ de-growth in absolute EBITDA and margins on the back Acetyls (LS..
IDBI Bank on Thursday reported a rise of 75 per cent in its net profit for Q2FY22 on a year-on-year basis.
The bank's net profit rose to Rs 567 crore as against Rs..
Global PC shipments marked their sixth consecutive year-on-year (YoY) growth in Q3 2021 at 84.2 million units, a new report revealed on Thursday.
According to market r..
Rupee falls 10 paise to 73.94 against US dollar in early trade
Rupee strengthens against US dollar on Tuesday
Rate decision, US stimulus likely constraints to rupee's further appreciation
Rupee slips on RBI's dovish stance, 'loose' policy
Currency Squeeze: Rupee expected to weaken further
Evening Currency Updates 22 October 2021 by Anindya Banerjee, Kotak Securities
Daily Market Analysis 22 October 2021 By Ajit Mishra, Religare Broking
Weekly Market Outlook by Vinod Nair, Geojit Financial Services
Daily Market Commentary 22 October 2021 By Mr. Siddhartha Khemka, Motilal Oswal
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