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 18, 2014 at 14:02 | Source: Reuters
One factor that could have accelerated the decline was that many US companies were out of the corporate repurchase market as they headed into earnings season.
Oct 15, 2014 at 12:59 | Source: CNBC
"We are sympathetic to the worries surrounding the loosening of lending standards in the leveraged loan market. But we don`t think this will drive corporate defaults higher in the near-to-medium term," Goldman Sachs said in a note last week.
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 13, 2014 at 12:57 | Source: Moneycontrol.com
Over FY14-FY18E, it expects OBCs ROA to rise 42 bps on the back of decline in credit costs from 1.33 percent in FY14 to 0.9 perent in FY18E; fall in operating ratio from 1.67 percent in FY14 to 1.45 percent in FY18E; and better net interest margins (partly on better asset quality as impaired loans likely to decline from FY16 onwards).
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 10, 2014 at 08:23 | Source: Moneycontrol.com
On October 09, 2014 Reliance Small Cap Fund bought 3,25,000 shares of Hinduja Global Solutions at Rs 650.
Oct 08, 2014 at 08:46 | Source: Moneycontrol.com
On October 07, 2014 Credit Suisse (Singapore) Limited A/C Credit Suisse (Singapore) sold 3,34,071 shares at Rs 650.31 Goldman Sachs Investments Mauritius I Limited sold 2,90,929 shares of Hinduja Global Solutions at Rs 650.01.
Oct 06, 2014 at 10:34 | Source: Reuters
The initiative, called "Neptune," will not be for executing trades, rather it will link up banks and investors in the market and potentially some of the existing trading platforms they use, the newspaper reported.
Oct 01, 2014 at 13:46 | Source: Moneycontrol.com
IT stocks are also riding on the euphoria that the second quarter earnings will be better. Goldman Sachs says that Q2 is a seasonally strong quarter for Indian IT and current market expectations from some large-cap peers appear subdued.