On the contrary, market expert SP Tulsian was not too disappointed with the results on a sequential basis and has kept a positive stance on the company’s stock on its current price.
09 Feb 2016, 12.32 pm | Source: CNBC-TV18
Pharma major Lupin's third quarter earnings beat analysts' expectations on Friday. Revenue increased 13 percent to Rs 3,556 crore in quarter ended December 2015 compared to Rs 3,144.9 crore in year-ago period.
05 Feb 2016, 3.45 pm | Source: CNBC-TV18
Credit Suisse maintains an underperform rating with a target price of Rs 180 per share. It expects continued weakness at the European operations as it mothballs existing downstream facilities and realigns production while incurrin...
05 Feb 2016, 2.17 pm | Source: Moneycontrol.com
Dish TV's net subscription additions of 0.32 million were the lowest in six quarters whereas DTH/cable competitors saw acceleration in subscriber additions in third quarter. However, the management continues to guide 1.5 million n...
04 Feb 2016, 1.28 pm | Source: Moneycontrol.com
The Avantha Group company posted a consolidated loss of Rs 107 crore in Q3 due to lower revenue and weak operational performance. Profit stood at Rs 274.3 crore in year-ago period and Rs 52.14 crore in preceding quarter.
03 Feb 2016, 4.48 pm | Source: Moneycontrol.com
The street is very worried about order inflows and Middle East exposure. On both counts, L&T has delivered decent numbers in Q3. Further, it has broadly maintained guidance on revenues and margins.
01 Feb 2016, 1.03 pm | Source: Moneycontrol.com
In an interview with CNBC-TV18, Ravikant Bhat, Research Analyst, IDBI Capital, discussed his view on a Yes Bank and ICICI Bank, both of which recently reported quarterly earnings. Yes and ICICI posted a contrasting set of earnings...
29 Jan 2016, 4.41 pm | Source: CNBC-TV18
CLSA maintains buy rating with a target of Rs 320 per share stating that credit costs drove earnings cut but valuations are attractive. The brokerage has reduced earnings forecasts for FY17-18 by 7-10 percent considering higher cr...
29 Jan 2016, 1.12 pm | Source: Moneycontrol.com
Rohan Korde of Prabhudas Lilladher has toned down his EPS estimate for FY16 by 8.5 percent and for FY17 by 7 percent to factor in slightly lower margins, slightly higher discounts and lower non-operating income.
29 Jan 2016, 9.41 am | Source: CNBC-TV18
In the near-term, Suresh Ganapathy of Macquarie Capital Securities does not see any re-rating catalyst. He believes the fundamental value of ICICI Bank is at Rs 240-250 per share.
29 Jan 2016, 9.25 am | Source: CNBC-TV18
The October-December quarter has not been kind to FMCG companies. And this shows in the disappointing earnings reports turned by companies in the sector.
28 Jan 2016, 10.14 pm | Source: Moneycontrol.com
According to market expert Prakash Diwan, the fact that ICICI Bank is virtually into every spectrum of lending, it gets impacted in the downturn much more severely than some of the other private sector banks which have niches whic...
28 Jan 2016, 6.26 pm | Source: CNBC-TV18
Budget airline SpiceJet reported a net profit of Rs 238.40 crore for the three-month period ended December 2015, staying profitable for the fourth straight quarter mainly aided by lower fuel costs. Here's a video on its earnings.
25 Jan 2016, 6.12 pm | Source: Moneycontrol.com
Jefferies has maintained buy rating on ITC but lowered FY16-18 earnings per share (EPS) estimates by 3 percent and target price to Rs 381 per share mainly to account for higher tax rates. It says near-term earnings are likely to b...
25 Jan 2016, 1.57 pm | Source: Moneycontrol.com
Though Q3 results may be sound which is seasonally a good period for the industry, IndiGo did not see a strong growth in September quarter. Its Q2 profit fell steeply to Rs 112.6 crore from Rs 640 crore in Q1FY16 Q2 while revenue ...
22 Jan 2016, 1.05 pm | Source: Moneycontrol.com
Kaul says the quarterly performance was hit by a couple of one-off factors, but there is no threat to Indigo's profitability as long as crude prices stay low.
22 Jan 2016, 10.50 am | Source: CNBC-TV18
Axis Bank reported a mixed set of earnings with profit and net interest income (NII) coming in in line with estimates but gross and net non-performing assets (NPA), rising 28 percent and 63 percent respectively.
20 Jan 2016, 5.42 pm | Source: CNBC-TV18
The brokerage has increased RIL's target price to Rs 1,270 per share post the third quarter earnings.
20 Jan 2016, 1.00 pm | Source: CNBC-TV18
IIFL's Prayesh Jain tells CNBC-TV18 the earnings growth can be sustained on the back of three new projects
20 Jan 2016, 9.47 am | Source: CNBC-TV18
Reliance Industries put up a strong set of quarterly results, with both gross refining margins and petchem business coming ahead of many analysts' expectations.
19 Jan 2016, 5.22 pm | Source: CNBC-TV18
Mayuresh Joshi of Angel Broking said the RIL's gross refining margins (GRMs) were in line with expectations while numbers of the refining business were ahead of expectations.
19 Jan 2016, 5.13 pm | Source: CNBC-TV18
The company's Q3 net profit jumped 25.8 percent to Rs 463 crore from Rs 368 crore in corresponding quarter last fiscal. However, exceptional hit partially mitigated profit growth.
18 Jan 2016, 7.32 pm | Source: CNBC-TV18
According to Harendra Kumar of Elara Capital, the stock is aptly priced currently and there is no reason for either re-rating or de-rating the stock.
18 Jan 2016, 9.01 am | Source: CNBC-TV18
Here's a quick comparison between India's top IT giants.
15 Jan 2016, 11.04 am | Source: Moneycontrol.com
Based on continuing solid execution, Credit Suisse has upgraded the stock to outperform and increased target price to Rs 1,400 apiece (from Rs 1,175). According to the brokerage, medium-term impact on margins due to aggressive con...
15 Jan 2016, 9.13 am | Source: Moneycontrol.com
Nilesh Shah, MD and CEO of Envision Capital, dubbed the performance as "industry leading, peer beating", something that has happened after a long time.
14 Jan 2016, 11.32 am | Source: CNBC-TV18
Goldman Sachs has reduced target price to Rs 2600 from Rs 2670 per share as it believes TCS's sector-leading cash returns justify its 15 percent premium versus sector on FY17. It has also changed its FY16-FY18 earnings per share (...
13 Jan 2016, 11.40 am | Source: Moneycontrol.com
Kawaljeet Saluja, ED and Head of Research in Kotak Equities said that FY17 is likely to be a muted year for the IT services growth and expects TCS to grow at 11-12 percent for the next few years.
13 Jan 2016, 11.07 am | Source: CNBC-TV18
Deepak Shenoy of capitalmind.in believes that the Tata Consultancy Services (TCS) numbers are not particularly impressive and might weigh on the stock on Wednesday.
12 Jan 2016, 5.36 pm | Source: CNBC-TV18
Poor rural demand, low volume growth and lack of pricing power weighed on companies earnings last quarter. However, declining global commodity prices continued to be saving grace. Gross margins of few companies have expanded due t...
21 Nov 2015, 3.11 pm | Source: Moneycontrol.com