Feb 21, 2017 at 10:27 | Source: Moneycontrol.com
Analysts feel price and quantum of buyback better, but challenges in business environment on the back of H1-B visa issue, clarity on client budgets to impact the stock.
Feb 21, 2017 at 09:54 | Source: Moneycontrol.com
With maintaining hold rating on Havells with a target price of Rs 374, Deutsche Bank says Lloyd division acquisition can complement AC and consumer durables portfolio.
Feb 20, 2017 at 09:48 | Source: Moneycontrol.com
Goldman Sachs says Kotak Mahindra Bank may outperform on improving growth prospects & top quartile EPS growth. Lending book is likely to grow at 25 percent hereon, it feels.
Feb 20, 2017 at 08:28 | Source: Moneycontrol.com
Nevertheless, as long as price action remains above the rising 50-DMA, currently at 8,396 the benefit of doubt should be given to the newly formed uptrend and the ultimate break above 8,989-9,191 resistance, Laurence Balanco of CLSA says, adding above the all-time highs the next upside target is at 10,350-10,370.
Feb 17, 2017 at 15:24 | Source: CNBC-TV18
Despite denials from both Kotak Mahindra and Axis Bank, the rumours of a merger have seen shares of the private lenders rise 3.38 percent and 8.31 percent, respectively, over the past month.
Feb 17, 2017 at 10:30 | Source: Moneycontrol.com
Brokerage firms and analysts tracking the stock welcomed the development and most have raised the target price. To be sure a lot of them were expecting resolution of the warning letter on Moraiya facility in the fourth quarter of FY17.
Feb 17, 2017 at 10:05 | Source: CNBC-TV18
CLSA says if Kotak Mahindra Bank and Axis Bank merged then the merged entity would be among the largest private banks and the merger would allow banks to capitalise on individual strengths.
Feb 17, 2017 at 09:32 | Source: CNBC-TV18
Mahesh Nandurkar of CLSA expects FY18 Nifty earnings growth of 17 percent with small downside risk due to margin concern.
Feb 17, 2017 at 09:16 | Source: Moneycontrol.com
Concerns over US government policy remains a key risk for the IT sector, but the risks are priced into valuations to a large extent, says broking firm CLSA.
Feb 16, 2017 at 10:05 | Source: Moneycontrol.com
CLSA has retained its buy call on Phoenix Mills, with reduced target price at Rs 460 from Rs 479. It says company's lease income growth at malls is at 6-7-quarter high despite demonetisation. Capex strategy may enable low strain capex, it feels.