May 29, 2016 at 17:14 | Source: PTI
A normal monsoon this year is expected to provide 20 per cent boost to the income of farmers, whose debt leverage has touched 22 per cent following two years of droughts, domestic brokerage JM Financial has projected.
May 26, 2016 at 14:24 | Source: PTI
While putting in place a stringent framework to choke the funding sources for wilful defaulters, Sebi has also restrained such entities from setting up market intermediaries like mutual funds and brokerage firms.
May 26, 2016 at 12:00 | Source: Moneycontrol.com
Goldman Sachs has upgraded Infosys to buy with a target price of Rs 1,420, implying a 20 percent upside. The brokerage feels the company is in the middle of a multi-year transformation and accelerating growth & expanding margins will drive outperformance against peers.
May 26, 2016 at 10:43 | Source: Moneycontrol.com
Morgan Stanley has an overweight rating on the stock with an increased target price of Rs 1596 per share factoring in a rise in market multiple. The brokerage firm is impressed by L&T's step-up in execution in India, with domestic revenues (excluding services business) moving up 15 percent year-on-year.
May 25, 2016 at 10:56 | Source: Moneycontrol.com
The downgrades handed out by the RBI based on the asset quality review of the bank, together with the downturn in steel and infrastructure sectors led to a rise in the banks slippages, said the brokerage house, which has a sell call on the bank.
May 24, 2016 at 16:49 | Source: Moneycontrol.com
While Dish TV's earnings were largely above the general street expectations, EBITDA growth missed estimates of most of the brokerage firms. However, these research bodies are largely positive on Dish TV stock in the long-term, considering the key management takeaways.
May 24, 2016 at 08:37 | Source: Moneycontrol.com
Profit after tax for Mundra came in at Rs 9 crore against Nomura's estimate of a Rs 41 crore loss. Sales volume in its coal business came in at 21.4 million tonnes. It was 3 percent above Nomura forecast. The brokerage firm maintains its buy call on the stock.
May 23, 2016 at 20:46 | Source: Moneycontrol.com
Below is an analysis of the key financial indicators of the company and also where brokerages stand on the stock.
May 23, 2016 at 09:15 | Source: Moneycontrol.com
ITC topped buying list on Sensex, up more than 6 percent after brokerages turned upbeat on the stock post quarterly earnings. Citi has upgraded the stock to buy from neutral and raised target price to Rs 390 from Rs 335.
May 20, 2016 at 13:39 | Source: Moneycontrol.com
Majority of brokerages retained their ratings on the stock but half of them slashed target price, citing caution over earnings due to likely higher R&D expenses and cut in FY18 sales guidance by the company.