Oct 31, 2014 at 14:25 | Source: Moneycontrol.com
Brokerage house KRChoksey has recommended a hold rating on Hindustan Unilever (HUL) with a target price of Rs 753 per share in its October 28, 2014 research report.
Oct 31, 2014 at 13:01 | Source: Moneycontrol.com
Brokerages are also bearish on the stock and recommend selling. CLSA has reiterated sell rate given the earnings uncertainty on jewellery earnings in the context of falling gold prices and less attractive Golden Harvest scheme.
Oct 29, 2014 at 11:47 | Source: Moneycontrol.com
Barclays remains underweight on it with a revised price target of Rs 4739, implying potential downside of 20 percent as it expects fundamentals to remain weak. According to the brokerage, Nestle needs a strong pick-up in urban consumption spend to revive growth in its largely urban-focused product portfolio
Oct 28, 2014 at 12:22 | Source: CNBC-TV18
Indranil Sengupta said the RBI will not engage in a rate cut exercise at the first instance of a cooling off in inflation. It wants to make sure the inflation is truly coming off so that once the rate cut cycle begins, it can be maintained. The US brokerage expects a cut of 75 basis points over the full fiscal year.
Oct 27, 2014 at 21:02 | Source: Moneycontrol.com
Networth Stock Broking at its meeting held on October 27, 2014, have issued and allotted 19,080,000 Equity shares of Rs. 10/- each to the shareholders of erstwhile Monarch Research and Brokerage Private Limited (
Oct 27, 2014 at 13:28 | Source: Moneycontrol.com
The brokerage house believes the bank is back on growth path as second quarter (July-December) earnings beat by 16 percent on higher topline and fees. Moreover, loan growth is strong and CASA also showing stronger growth on expanded distribution, it added.
Oct 27, 2014 at 09:33 | Source: Moneycontrol.com
Citi downgraded the stock to neutral and reduced target price to Rs 625 from Rs 705, stating that deal wins have been strong for several quarters but are yet to translate into revenue growth.
Oct 21, 2014 at 11:58 | Source: Moneycontrol.com
CLSA has maintained its underperform rating on the stock stating re-farming remains a risk to the stock. The brokerage has raising its FY15-17 revenue and EBITDA estimates by 2-3 percent.
Oct 21, 2014 at 11:56 | Source: Moneycontrol.com
The brokerage also cut its target price on the stock to Rs 164 from Rs 183, led by 7 percent and 12 percent cut in FY15e and FY16e earnings per share (EPS).
Oct 20, 2014 at 13:36 | Source: Moneycontrol.com
While maintaining outperform rating on the stock, Credit Suisse raised earnings per share estimates by around 2 percent on higher-than-expected net interest margin.