Aug 18, 2014 at 08:51 | Source: PTI
According to the global financial services major, though the IMD has recently downgraded its monsoon forecast, but the uncertainties around rainfall still remains.
Aug 13, 2014 at 12:04 | Source: Moneycontrol.com
With Governor Raghuram Rajan making his 'no rate cut until inflation at 6%' views clear in the last RBI monetary policy, the onus is on the new Narendra Modi government to encourage investments needed to put the economy back on track.
Aug 11, 2014 at 15:05 | Source: Moneycontrol.com
IRB Infrastructure shares had nearly tripled this year as of the close of trade on Aug. 5, tracking gains in the sector, which is expected to be a winner under the Modi government.
Aug 11, 2014 at 12:24 | Source: Moneycontrol.com
Credit Suisse has also cut earnings by 12 percent. It is concerned that there may be a big disappointment again if Sun TV is forced to cut inventory, after the hearing on TRAI's ad cap slated for September. Despite the company increasing the number of minutes back to 15-16, Suns quarterly ad revenues were flat on yearly basis.
Aug 08, 2014 at 14:42 | Source: CNBC-TV18
On standalone basis, the Mahindra group beat street expectations on every parameter with the profit after tax in Q1 at Rs 881.8 crore (down 6 percent year-on-year) on revenue of Rs 10,261 crore (down 5.2 percent on yearly basis) as against analysts' forecast of Rs 788.6 crore on revenue of Rs 9,882 crore, respectively.
Aug 05, 2014 at 13:09 | Source: Moneycontrol.com
According to JP Morgan, positives from the structural growth in LNG demand is fairly reflected in the stock price and upside would need further catalysts (clarity on Kochi volume outlook, more stable trading margins, sustained higher utilizations at Dahej).
Aug 01, 2014 at 19:32 | Source: PTI
It can be noted that at least two rating agencies, Fitch and S&P, had earlier warned of a downgrade of the sovereign rating to the junk status citing a variety of factors, including the high fiscal deficit, dip in growth, high inflation and a sense of policy paralysis.
Jul 30, 2014 at 12:28 | Source: CNBC-TV18
"As far as the EPS and price target is concerned, we havent changed any of the numbers because our numbers are still quite conservative compared to what street has been putting up," Abhineet Anand, Capital Goods Analyst, Quant Capital said.
Jul 30, 2014 at 12:00 | Source: Moneycontrol.com
Larsen and Toubro topped the selling list, falling more than 5 percent followed by Sesa Sterlite with 3.5 percent after reporting weak set of results in the quarter ended June 2014. Citi downgraded L&T to a neutral and lowered target price by 4 percent to Rs 1722, saying Q1 raised multiple red flags and it removed the stock from Asia focus list.
Jul 26, 2014 at 13:02 | Source: Reuters
In its note, Goldman said the global acceleration in economic growth is "largely behind us and geopolitical risks are elevated." Despite these thoughts, they still said equities are the most attractive class on a 12-month horizon "by a wide margin."