The Rs 3,600 crore worth of collective contingency and related reserves will help the bank pull down its credit cost in FY17, says Nitin Kumar, Analyst from Prabhudas Liladher. But Bajrang Bafna of Sunidhi Securities says he isn't...
29 Apr 2016, 1.45 pm | Source: CNBC-TV18
Prakash Diwan, prakashdiwan.in is keen on buying into the cement pack with ACC and UltraTech as his top picks. According to him, the next beat from cement could be from Shree Cements.
28 Apr 2016, 5.03 pm | Source: CNBC-TV18
JP Morgan has an overweight rating on the stock with a target of Rs 925 per share stating that valuations are still reasonable despite the stock being up 25 percent year-to-date.
28 Apr 2016, 12.08 pm | Source: Moneycontrol.com
HCL Tech on Thursday posted below-estimate third quarter numbers with a 0.3 increase in net profit to Rs 1,926 crore. The company’s revenue rose 3.4 percent to Rs 10,698 in rupee terms on a sequential basis.
28 Apr 2016, 9.35 am | Source: CNBC-TV18
Every bank in the industry should see some rise in provisioning, and a deterioration in asset quality, says Banking Analyst Hemindra Hazari.
27 Apr 2016, 12.32 pm | Source: CNBC-TV18
The bank announced its fourth quarter earnings on Tuesday when Deputy MD of the bank V Srinivasan said that elevated levels of stress on asset quality will remain a key concern for the company and expects the bank's credit cost to...
27 Apr 2016, 9.29 am | Source: CNBC-TV18
Margins could take some cooling off next year on back of yen, says Prayesh Jain of IIFL.
26 Apr 2016, 1.45 pm | Source: CNBC-TV18
The 15 percent year-on-year volume growth for the fourth quarter of FY16 came as a surprise but maintaining it in the coming quarters will be a challenge, says Murtuza Arsiwalla, Analyst at Kotak Institutional Equities.
26 Apr 2016, 12.51 pm | Source: CNBC-TV18
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 spoke about the fundamentals of stocks and sectors like cement, sugar, Reliance Industries and quarterly earnings of IndiaBulls Real Estate, M&M Financials.
25 Apr 2016, 6.53 pm | Source: CNBC-TV18
A volume growth of 10 percent has been factored into our estimates for FY17, says Siddharth Purohit, senior analyst for cement at Angel Broking, adding, this looks easily achievable.
25 Apr 2016, 4.01 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, Abhishek Agarwal of Macquarie Securities said that he does not expect the stock of Reliance to see a sustained up move.
25 Apr 2016, 11.23 am | Source: CNBC-TV18
Below are the highlights of Reliance Industries 4th quarter earnings
22 Apr 2016, 7.41 pm | Source: Moneycontrol.com
Tulsian said his estimates for the refinery margin had been after taking into consideration an inventory loss of about Rs 260 crore. However, the earnings before interest and tax (EBIT) for this business hints that the inventory m...
22 Apr 2016, 6.17 pm | Source: CNBC-TV18
RIL's earnings were boosted mainly by petrochemical margins, reduction in tax liabilities and interest expenses, analysts on CNBC-TV18 say.
22 Apr 2016, 6.07 pm | Source: CNBC-TV18
Siddharth Purohit of Angel Broking, says there has been marginal improvement in gross non-performing loans (NPL) level and significant growth in net interest margins (NIMs).
22 Apr 2016, 1.50 pm | Source: CNBC-TV18
A marginal rise in provisioning and a slight deterioration in gross NPL of IndusInd Bank was expected given the economic environment and should be taken positively as the corporate portfolios of all the banks are under considerabl...
21 Apr 2016, 3.51 pm | Source: CNBC-TV18
Morgan Stanley has downgraded the stock to underweight from equal-weight with a trimmed target of Rs 516 per share. It believes that Q1F17 guidance does not suggest any meaningful acceleration in core organic business and EBIT mar...
21 Apr 2016, 12.55 pm | Source: Moneycontrol.com
Moshe Katri, MD of CRT Sterne Agee, believes Infosys has so far done an incredible job in reclaiming the lost market share and it must articulate on ways of transition of its legacy business into digital.
21 Apr 2016, 9.01 am | Source: CNBC-TV18
All three IT companies posted robust numbers, some were ahead of others when it comes to revenue, EBIT and profit growth.
20 Apr 2016, 5.25 pm | Source: Moneycontrol.com
Sarabjit Kour Nangra of Angel Broking said that she was disappointed with the guidance number as Wipro has made a few acquisitions and sees a sharp down trend in its stock on Thursday.
20 Apr 2016, 5.19 pm | Source: CNBC-TV18
CLSA says that stronger revenue, receding headwinds and improved commentary drive revenue and earnings upgrades of 1 percent.
20 Apr 2016, 12.13 pm | Source: Moneycontrol.com
In the largecap tech stocks, Urmil Shah, Research Analyst, Institutional Equities, IDBI Capital, prefers Infosys and HCL Tech and believes the former can reach valuations of 20 times by next year. Shah has a target price of Rs 1,3...
20 Apr 2016, 9.19 am | Source: CNBC-TV18
According to Nomura, LIC Housing Finance may face earnings cut by the street due to slowdown in core mortgage portfolio. It adds that slowdown in mortgage book is driven both by slower disbursement growth and higher prepayment rat...
19 Apr 2016, 12.48 pm | Source: Moneycontrol.com
Rahul Jain of Systematix Shares and Stocks pointed out that contribution from the digital segment has seen good improvement, adding, he expects this segment to provide reasonable incremental revenue going forward.
18 Apr 2016, 6.55 pm | Source: CNBC-TV18
The sterling results posted by IT major Infosys makes it a preferred pick over rival TCS, which is slated to post its own results later today, says Prabhudas Lilladher IT Analyst Govind Agarwal.
18 Apr 2016, 9.24 am | Source: CNBC-TV18
The company's employee strength has increased 10 percent in the year ended March 31,2016. Total number of employees at Infosys was 194044 in FY16. Number of trainees in Q4 was 6098.
15 Apr 2016, 12.52 pm | Source: Moneycontrol.com
Experts on CNBC-TV18 say that rupee depreciation helped margin growth for the IT bellwether. But watch out for recession in IT sector in another two-three quarters which might hit the company.
15 Apr 2016, 10.53 am | Source: CNBC-TV18
Strengthening NPL recovery teams/processes, rebalancing its loan mix by increasing share of better rated corporate loans as well as retail loans, and scaling-up its digital platform are few initiatives it is taking to spearhead it...
15 Feb 2016, 12.28 pm | Source: Moneycontrol.com
Jefferies says India state-owned OMCs remain top picks in the oil & gas sector as it believes consensus and market is under-estimating earnings potential of these companies in a low crude price environment. Recently International ...
15 Feb 2016, 12.06 pm | Source: Moneycontrol.com
Asset quality weakened in December quarter but it was better compared to peers. Gross non-performing assets (NPA) increased 95 basis points QoQ and 20 bps YoY to 5.1 percent and net NPA rose 75 bps QoQ and 9 bps YoY to 2.89 percen...
11 Feb 2016, 4.08 pm | Source: CNBC-TV18