BofA-ML has a buy call on the stock and a price target of Rs 1,015. Earlier, the brokerage had a price target of Rs 1,050 and reduction is mainly on account of higher R&D expenses.
02 Jun 2016, 5.11 pm | Source: Moneycontrol.com
Traders cheered Aurobindo's in-line performance by sending the stock nearly 4 percent higher. But they punished Sun Pharma for missing Street estimates across the board by sending the stock down over 6 percent. CNBC-TV18's Ekta Ba...
31 May 2016, 9.54 pm | Source: Moneycontrol.com
Sun Pharma is the biggest loser on the Nifty as it missed estimates. Also, the management gave a very conservative guidance of 8-10 percent growth in consolidated sales for FY17. A bullish SP Tulsian of sptulsian.com gave a suppor...
31 May 2016, 3.47 pm | Source: CNBC-TV18
With maintaining buy rating and target price of Rs 545 (implying 30 percent potential upside), CLSA says the stage is now set for a strong FY17 in both JLR/India and it believes more positive surprises on volumes and margins are p...
31 May 2016, 11.02 am | Source: Moneycontrol.com
Geojit BNP Paribas Financial Services is positive on Tata Motors and expects the stock to react positively, says its VP Gaurang Shah.
30 May 2016, 8.24 pm | Source: CNBC-TV18
Though the company's standalone revenues were strong, its margins disappoint the Street, says Ashwin patil of LKP Securities.
30 May 2016, 3.36 pm | Source: CNBC-TV18
A note by Macquarie Research forecasts another year of operating losses for BHEL on higher fixed costs and a muted gross margin
30 May 2016, 12.41 pm | Source: Moneycontrol.com
Calling Q4 "poor numbers sprinkled with optimsim" Axis Capital says the market chose to ignore State Bank of India's dismal Q4 results and instead focus on longer-term trends.
30 May 2016, 12.30 pm | Source: Moneycontrol.com
On the positive side, the company’s share of online orders as a percentage of total orders has risen to 41 percent in the March quarter compared to 29 percent in the September quarter
30 May 2016, 12.00 pm | Source: Moneycontrol.com
Gaurang Shah of Geojit BNP Paribas is positive on SBI, but hints at some more stress for the lender in the next two quarters.
27 May 2016, 3.15 pm | Source: CNBC-TV18
CLSA also has a buy rating on Power Grid with a target price of 185 implying a 23 percent upside. It expects a strong earnings per share (EPS) CAGR of 16 percent over FY16-18.
27 May 2016, 2.15 pm | Source: Moneycontrol.com
Entire oil marketing companies (OMCs) pack is buzzing on buyers' radar today with IOC and HPCL rising 7 and 8 percent respectively.
27 May 2016, 11.43 am | Source: Moneycontrol.com
The company reported a net profit growth of 19.1 percent to Rs 114.7 crore and a total income rise of 10.1 percent to Rs 545.8 crore in the fourth quarter of FY16.
27 May 2016, 9.26 am | Source: CNBC-TV18
In an interview with CNBC-TV18, market expert SP Tulsian gave his opinion on the fourth quarter result of Larsen & Toubro and the company's guidance for FY17.
26 May 2016, 2.01 pm | Source: CNBC-TV18
CNBC-TV18 Sachin Shah, Fund Manager, Emkay Investment Managers, said VRL Logistics' poor numbers were a result of the slowdown in railways freight volumes and road transport. He also said Ujjivan, which had stellar results, is bac...
26 May 2016, 12.10 pm | Source: CNBC-TV18
Digant Haria of Antique Stock Broking says company will see a strong growth of 45-50 percent in FY17, but growth will taper off in FY18-19, he said.
26 May 2016, 11.55 am | Source: CNBC-TV18
Morgan Stanley has an overweight rating on the stock with an increased target price of Rs 1596 per share factoring in a rise in market multiple. The brokerage firm is impressed by L&T's step-up in execution in India, with domestic...
26 May 2016, 10.43 am | Source: Moneycontrol.com
Morgan Stanley has upgraded the stock to equal weight from neutral. It has a target price of Rs 530 per share as outlook for telecom business is improving, and worst in earnings downgrade cycle appears to have passed.
25 May 2016, 5.39 pm | Source: Moneycontrol.com
The fourth quarter for the company was better for Bajaj in terms of realisations and operating performance, says Rohan Korde of Prabhudas Liladhar.
25 May 2016, 3.13 pm | Source: CNBC-TV18
The downgrades handed out by the RBI based on the asset quality review of the bank, together with the downturn in steel and infrastructure sectors led to a rise in the bank’s slippages, said the brokerage house, which has a sell...
25 May 2016, 10.56 am | Source: Moneycontrol.com
While Dish TV's earnings were largely above the general street expectations, EBITDA growth missed estimates of most of the brokerage firms. However, these research bodies are largely positive on Dish TV stock in the long-term, con...
24 May 2016, 4.49 pm | Source: Moneycontrol.com
Profit after tax for Mundra came in at Rs 9 crore against Nomura's estimate of a Rs 41 crore loss. Sales volume in its coal business came in at 21.4 million tonnes. It was 3 percent above Nomura forecast. The brokerage firm maint...
24 May 2016, 8.37 am | Source: Moneycontrol.com
Morgan Stanley, in its reports on Just Dial earnings, says while the company’s reported headline numbers were ahead, the adjusted EBITDA missed expectations "Adjusted EBITDA margins (excluding ESOP and one-time expense) declined...
23 May 2016, 1.41 pm | Source: Moneycontrol.com
With retaining outperform rating, Credit Suisse increased target price to Rs 385 from Rs 370, saying the company recorded strongest EBITDA growth in 7 quarters and cigarette business performance was the best in 11 quarters
23 May 2016, 11.33 am | Source: Moneycontrol.com
Despite expectations of muted first quarter of FY17 on back of halt in cigarette production, FY17 will be better for the company, says Abneesh Roy of Edelweiss Securities.
20 May 2016, 4.30 pm | Source: CNBC-TV18
Majority of brokerages retained their ratings on the stock but half of them slashed target price, citing caution over earnings due to likely higher R&D expenses and cut in FY18 sales guidance by the company.
20 May 2016, 1.39 pm | Source: Moneycontrol.com
Drugmaker's management highly unlikely to achieve guidance, says Surajit Pal, analyst at Prabhudas Lilladher.
20 May 2016, 10.41 am | Source: CNBC-TV18
In the fourth quarter of FY16, the company was benefitting from lower crude prices, but the scenario will change going forward as there could be a hike in crude, says Rupin Shah, Research Analyst with HDFC securities.
20 May 2016, 9.48 am | Source: CNBC-TV18
Going forward analysts expect Wabco India to report net profit of nearly Rs 350 crore and an earnings per share of around Rs 200 crore.
20 May 2016, 9.16 am | Source: CNBC-TV18
The fourth quarter margins for Universal Cables were up at 10.5 percent versus 6.6 percent reported for the same quarter last fiscal. The total income too was up 12 percent and EBITDA was up 78 percent for the quarter.
19 May 2016, 9.49 am | Source: CNBC-TV18