Afcons A Niche Diversified EPC Play, Jefferies Says; Starts at Buy

Staff Reporter | 6 February 2025

Jefferies says the company's diversified segmental and geographic exposure de-risks its business model and widens its opportunity pipeline


S&P Upgrades Vedanta Resources To B+ On Easing Refinancing Risk

Staff Reporter | 4 February 2025

S&P says Vedanta’s recent $1.1 billion bond issuance to address its 2026 and 2028 bond maturities has eased its liquidity and refinancing risks


RR Kabel Looks Set For Strong Profit Growth, HSBC Says; Upgrades Stock

Staff Reporter | 31 January 2025

HSBC says strong profit growth outlook and attractive valuations makes it constructive on the Indian consumer electrical company at current prices


BroadPath Acquisition Boosts Sagility's Growth Outlook, Jefferies Says; Keeps Buy

Staff Reporter | 30 January 2025

Jefferies sees limited integration risks as both companies specialize in US healthcare and have complementary services


Exide 3Q Results Slightly Above Estimates, Citi Says; Affirms Buy Call

Staff Reporter | 29 January 2025

Citi Research says the Indian battery maker's margin trends have been encouraging despite lower non-autos demand (industrial/infrastructure)


Fitch Upgrades Vedanta Resources To B+; Outlook Stable

Staff Reporter | 20 January 2025

The upgrade follows a major reduction in Vedanta’s refinancing risks after $1.1 billion fundraising in new bonds and bank commitments for loans


Banner

Jefferies Bullish On Indian EMS Sector; Amber Enterprises Top Pick

Staff Reporter | 2 January 2025

The government’s push on value-addition, China 1+ strategy, cheaper labor and structural growth opportunity will drive the sector growth


Bajaj Finance Earnings Likely Near End Of Weak Phase, HSBC Says

Staff Reporter | 24 October 2024

The brokerage expects recovery in consumer loan growth and credit costs, aided by stable net interest margin and controlled expenses to support profit


Is It Time To Buy Indian Cement Stocks? Morgan Stanley Answers

Staff Reporter | 15 October 2024

Cement stocks have underperformed over past few months amid weak demand and cement price rollbacks, but some price hikes likely in next few months


IIFL Finance Gets Upgrade From Jefferies After RBI Lifts Gold Loan Ban

Special Correspondent | 20 September 2024

The brokerage says with RBI lifting ban on gold loans at IIFL, disbursement should resume and ramp...


Bharti Hexacom “Best Play” On Tariff Hikes, Jefferies Says; Upgrades To Buy, Lifts TP

Special Correspondent | 13 September 2024

The 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 2024

HSBC says Kalyan’s stock price has risen 8x in the past two years as the business model successfully transformed through capital light franchise mod


Banner

Zomato Best India Consumer Tech Monetization Play, JP Morgan Says; Lifts Target Price

Special Correspondent | 5 September 2024

The 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 2024

The 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 2024

S&P says the improvement is driven by broad-based earnings growth and increased financial discipline


Citi Lifts Maruti Target Price After 1QFY25 Beats Estimates

Special Correspondent | 1 August 2024

Citi 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 2024

HSBC 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 2024

Morgan Stanley raises its target price on Indian aviation major IndiGo to 5,245 rupees from 5,142 rupees per share following its quarterly results