Jan 16, 2017 at 11:32 | Source: Moneycontrol.com
Benefits of significant pound depreciation will flow through into JLR's margin that may improve to 16 percent by FY19 from 10.3 percent in Q2FY17, CLSA feels.
Jan 16, 2017 at 08:40 | Source: CNBC-TV18
Ridham Desai of Morgan Stanley says there is a high level of uncertainty caused by the currency exchange, the upcoming Union Budget, general anti-avoidance rule (GAAR) and GST implementation, impending state elections, and flux in US policy.
Jan 13, 2017 at 10:12 | Source: CNBC-TV18
The optimism around US economy's growth and a strengthening dollar are signs that IT companies are going to give out a stellar performance in the long-term, says Mahesh Nandurkar, India Strategist at CLSA.
Jan 11, 2017 at 13:54 | Source: Moneycontrol.com
Bank of America Merrill Lynch ratains buy call with a target of Rs 1373 per share. It estimates FY17/18 net profit growth of over 27 percent.
Jan 06, 2017 at 07:04 | Source: CNBC-TV18
Mahesh Nandurkar of CLSA says a change in the definition of 'long term' for capital gains tax could impact sentiment for equities.
Jan 02, 2017 at 10:27 | Source: Moneycontrol.com
impact on non-banks financiers is likely to be negative as financiers that were dependent on wholesale/bond market financing, could likely face a squeeze in spreads on incremental volume. Jefferies believes banks are likely to outperform non-banks.
Jan 02, 2017 at 08:44 | Source: Moneycontrol.com
CLSA says SBI's lending rate cut can lift growth at lower margins. It adds that lower rates could regain growth & help regain some share from bond markets. It feels the move is negative for margins but applies to incremental loans.
Dec 20, 2016 at 12:12 | Source: CNBC-TV18
Brokerages and analysts are pinning their hopes on Union Budget to deliver income tax sops to help reduce pain induced by the governments demonetisation drive.
Dec 19, 2016 at 13:13 | Source: Moneycontrol.com
CLSA has upgraded Jammu & Kashmir Bank rating from sell to buy with a revised target of Rs 77 (against Rs 65 earlier) as it believes valuation is reasonable and bank's focus on sanitising its book (asset quality) is also encouraging. However, the brokerage house cut its earnings estimates for FY17-19 after September quarter earnings.
Dec 16, 2016 at 08:39 | Source: Moneycontrol.com
CLSA Global Markets PTE Ltd bought 525,553 shares of Inditrade Capital at Rs 38.25 per share on the BSE.