Is It Time To Buy Indian Cement Stocks? Morgan Stanley Answers
Staff Reporter | 15 October 2024Cement stocks have underperformed over past few months amid weak demand and cement price rollbacks, but some price hikes likely in next few months
Indian Conglomerates Poised For $800 Bln Investment Push, S&P Says
Staff Reporter | 14 October 2024The spending focus will be on new businesses like green hydrogen, clean energy, aviation, semiconductors, EVs and data centers
IIFL Finance Gets Upgrade From Jefferies After RBI Lifts Gold Loan Ban
Special Correspondent | 20 September 2024The brokerage says with RBI lifting ban on gold loans at IIFL, disbursement should resume and ramp...
Moody's Upgrades Vedanta Resources' Corporate Family Rating
Staff Reporter | 16 September 2024The upgrade driven by the conglomerate’s reduced refinancing risk after its successful issuance of $900 million in 10.875% notes due in September 20
Bharti Hexacom “Best Play” On Tariff Hikes, Jefferies Says; Upgrades To Buy, Lifts TP
Special Correspondent | 13 September 2024The brokerage says Jio's rising focus on growth and Vodafone Idea’s market share losses may need multiple tariff hikes over the next few years
Kalyan Jewellers Still Midway Into Value Creation Journey, HSBC Says
Special Correspondent | 12 September 2024HSBC says Kalyan’s stock price has risen 8x in the past two years as the business model successfully transformed through capital light franchise mod
Zomato Best India Consumer Tech Monetization Play, JP Morgan Says; Lifts Target Price
Special Correspondent | 5 September 2024The brokerage says Zomato is spearheading a rapid retail consumer transformation via its convenience and selection-focused quick commerce business
Time To Get Selective On Indian Banks, Morgan Stanley Says
Special Correspondent | 4 September 2024The brokerage says margins and asset quality are set to normalize going ahead and drive divergence in profitability based on the franchise strength
India Corporate Credit Quality Getting Stronger, S&P Says
Staff Reporter | 12 August 2024S&P says the improvement is driven by broad-based earnings growth and increased financial discipline
Moody's Upgrades Tata Motors To Ba1 On Sustained Revenue Growth, Improving Profit
Staff Reporter | 8 August 2024Moody's says Indian automaker will sustain the improvement in all three of its automotive operations
Citi Lifts Maruti Target Price After 1QFY25 Beats Estimates
Special Correspondent | 1 August 2024Citi says Indian automaker’s 1QFY25 results were above its estimates, driven by strong margin expansion despite escalated discounts
HSBC Keeps Buy On DMart Retail Store Operator, Lifts Target Price
Special Correspondent | 31 July 2024HSBC says value retailing remains the core positioning of DMart and will be central to all its offline and online retail endeavors
Morgan Stanley Affirms Overweight On InterGlobe Aviation, Lifts Target Price
Special Correspondent | 30 July 2024Morgan Stanley raises its target price on Indian aviation major IndiGo to 5,245 rupees from 5,142 rupees per share following its quarterly results
S&P Upgrades Vedanta Resources On Improving Capital Structure, Liquidity
Special Correspondent | 25 July 2024S&P says the resources conglomerate has sufficient internal resources to meet $1.4 billion of debt maturities until December 2025
Bajaj Auto’s CNG Bike Offers Attractive Value Proposition, Jefferies Says
Special Correspondent | 8 July 2024Bajaj Auto last week launched the world’s first CNG-powered motorcycle Freedom 125
Reliance Industries May Add $100 Bln In Value, Morgan Stanley Says
Staff Reporter | 1 July 2024Morgan Stanley says the growth will be driven by new business cycles, new cash flow streams emerge, and higher valuation multiples
Nykaa Owner “Beautifully Positioned” To Capitalize On Growth Opportunities – Equirus
Special Correspondent | 27 June 2024Equirus Securities initiates coverage on FSN E-Commerce with Long rating and a target price of 240 rupees per share
Jefferies Says ICICI Bank Well-Placed To Deliver On Growth, Profitability; Keeps Buy
Special Correspondent | 25 June 2024Jefferies says ICICI Bank stays among its top picks in the financial sector amid healthy deposit growth and slower cost growth