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.
Oct 20, 2014 at 11:07 | Source: Moneycontrol.com
Brokerages are positive on the oil & gas sector. Deutsche Bank estimates reforms to drive FY14-17e earnings growth of up to 75 percent and return on equity (RoE) improvement by 200-500bps for state-owned oil companies.
Oct 14, 2014 at 14:19 | Source: Moneycontrol.com
With maintaining buy, CLSA also said USD 14 billion downstream expansions should drive doubling of Reliances USD EBITDA over next three years after falling for three years. It believes that this may also drive a doubling in the stock price during this period.
Oct 14, 2014 at 10:34 | Source: Moneycontrol.com
Brokerages believe this SEBI order banning DLF is a big negative development and may impact fund raising plans and listing of REITs but they are hopeful of some resolution.
Oct 13, 2014 at 16:34 | Source: Moneycontrol.com
Infosys gained another 1.4 percent today, in addition to 6.7 percent upside in Fridays session as brokerages raised target price on the stock post strong Q2 earnings.
Oct 13, 2014 at 13:00 | Source: Moneycontrol.com
Infosys topped the buying list, up 2.2 percent to hit a record high of Rs 3,975.50 after brokerages raised target price on the stock on strong Q2 earnings.
Oct 13, 2014 at 12:09 | Source: Moneycontrol.com
Barclays maintains overweight rating on the stock with revised target price of Rs 4,650 (from Rs 3,800) as new CEO Vishal Sikka's plan to embrace newer technologies such as automation and AI to drive growth, is a step in the right direction.
Oct 13, 2014 at 11:00 | Source: Moneycontrol.com
Infosys gained another 1.4 percent as brokerages increased target price on the stock. Barclays raised its target from Rs 3,800 to Rs 4,650 as new CEO's plan to embrace newer technologies such as automation and AI to drive growth, is a step in the right direction.