Sep 29, 2016 at 10:31 | Source: CNBC-TV18
It won't be appropriate to say that this market rally is just a liquidity driven one, says Tushar Prashan of HSBC Global AMC.
Sep 28, 2016 at 09:48 | Source: CNBC-TV18
Speaking to CNBC-TV18 Prabhat Awasthi of Nomura Financial Advisory said that public sector banks have their own asset problems. He says that the capital issues still exist, but incrementally the news on non-performing assets has been better.
Sep 27, 2016 at 14:00 | Source: Moneycontrol.com
UBS has also cut FY17/FY18/FY19 earnings per share (EPS) estimates by 15/17/15 percent as incorporating its disappointing Q1 results. It expects a structural shift in Just Dials EBITDA margins as it grows further in the Tier 2-3 cities.
Sep 27, 2016 at 12:25 | Source: CNBC-TV18
Although one cannot totally rule out rate cut by the RBI in the upcoming meet on Ocotber 4, the odds are in favour of rate cut in later, said Swati Kulkarni, Exec VP & Fund Manager, UTI MF.
Sep 27, 2016 at 10:16 | Source: PTI
TCS earned the top position on the 2016 IDC Financial Insights FinTech Rankings for the second consecutive year after maintaining a top-ten ranking for the past ten years.
Sep 27, 2016 at 09:44 | Source: CNBC-TV18
Speaking to CNBC-TV18 Mahesh Patil of Birla Sun Life AMC said that in NBFCs valuations are on the higher side. We dont dont just look at near-term PE multiples. We take a longer view. This is a good sector to be in.
Sep 26, 2016 at 14:38 | Source: Moneycontrol.com
With maintaining neutral rating on Glaxosmithkline Pharmaceutical, Credit Suisse slashed target price to Rs 2,850 as it continues to struggle with price control & supply constraints in some products. It also reduced FY17 earnings per share by 41 percent.
Sep 26, 2016 at 11:55 | Source: Moneycontrol.com
Credit Suisse has maintained its outperform rating on Larsen & Toubro on likely execution pick up, strong cash flows on peaking inventory, subsidiaries support and working capital with reasonable valuations. It has raised target price to Rs 1,925 (from Rs 1,825) per share and changed FY17-19 earnings per share by -1 percent to +2 percent.
Sep 26, 2016 at 10:33 | Source: CNBC-TV18
Abhay Laijawala of Deutsche Bank says with record Kharif output likely to give significant boost to rural consumption sentiment and other factors such as 7th Central Pay Commission also supporting aggregate demand in the economy, it will likely result in consensus upgrades to earnings of consumer and rural interfacing sectors and stocks.
Sep 26, 2016 at 08:38 | Source: Moneycontrol.com
Morgan Stanley prefers Axis Bank structurally over ICICI Bank. It expects Axis Bank to earn 400-500 basis points higher ROE than ICICI Bank. It says ICICI Bank should book capital gain of Rs 5700 crore in Q2.