Well-placed For Sustainable Growth!
We initiate coverage on ICICI Securities (ISEC) with a BUY recommendation and a Target Price of Rs 870/share, implying an upside of..
Second wave, rising base oil prices affect profitability
About the stock: Castrol India, a subsidiary of BP, operates in the lubricants business and caters to automoti..
Under provisioning takes toll on earnings; transition underway
Not carrying any contingency buffer with low specific loan loss coverage at 52% was expected to keep RBL..
Step change in growth and business mix
* We attended the analyst meet of GSK Pharma to gain an insight on the growth outlook over the next 2–3 years.
* GSK Ph..
Buy Nagarjuna Construction Company Ltd For Target Rs.105
Execution to pick up ahead…
About the stock: NCC is one of the leading construction companies in Ind..
Market leader in North East market
Star Cement (STAR) is a market leader in the North East region, with a market share of ~23%. The company has a strong presence due t..
Neutral DCB Bank Ltd For Target Rs.100
Weak operating performance; asset quality remains under pressure
Restructured book increases to ~5.4% of loans
* DCB Bank..
All eyes on upcoming launches
Along expected lines, Godrej Properties’ (GPL) Q1FY22 gross sales bookings worth Rs5.0bn declined 68% YoY and 81% QoQ owing to seco..
Strong performance; better outlook
* BSE reported strong operational revenue growth of 48% YoY in 1QFY22. Growth was led by a 180% YoY increase in equity transaction c..
Reduce Castrol India Ltd For Target Rs.131
Margin recovery key to outlook
Castrol India’s (Castrol) Q2CY21 EPS was up 114% YoY on a low base driven by surge i..
Eleven states have achieved the capex target set by the finance ministry in the 1st Quarter of 2021-22 thereby getting permission to borrow an additional amount of Rs 15,..
Stepping up digital innovation to stay ahead of competition
HUL’s annual investor meet highlighted emerging trends, the company’s growth initiatives across..
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
Mounting fears over prospects of debt default by Chinese property developer Evergrande Group By Mr. Yash Sawant,Angel Broking Ltd.
Crude oil prices started Monday`s trade on a weak note opening slightly lower - ICICI Direct
Pharma Sector Update - IPM growth momentum picks up By Emkay Global
Sell Cocudakl Below 2400 SL Above 2430 TGT 2370/2340 - Axis Securities Ltd
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