Credit Suisse believes that there could be spectrum purchase opportunities for Bharti Airtel which may not come in cheap. It is of the view that Q3FY18 will see the impact from drop in termination rate.
The Reserve Bank of India's (RBI) monetary policy committee is set to announce its decision later today. A CNBC-TV18 poll shows that the RBI may hold the repo rate at 6 percent. In an interview to CNBC-TV18, Deepali Bhargava, Economist at Credit Suisse spoke at length about the same.
In an interview to CNBC-TV18, Deepali Bhargava, Economist at Credit Suisse and Vivek Rajpal, Rates Strategist at Nomura India shared their reading and outlook about the same.
Research firm Motilal Oswal has a buy on Bajaj Auto with 13 percent upside whereas Credit Suisse has a neutral rating on the stock after Bajaj Auto announced its partnership with UK's Triumph Motorcycles.
Global broking firm CLSA has a sell on Colgate with a target price of Rs 1000 and Credit Suisse is neutral on the stock while Nomura has a buy and has kept a target of Rs 1260.
Credit Suisse has maintained an outperform rating on on Jubilant Foodworks with a 14 percent upside. GST is a very large tailwind for the QSR industry which has opaque pricing which will help the company have a kitty of 550 bp which can be invested to further accelerate growth or retain it partially to drive margins.
With the theme being the best return on equity fundamentals in six years with Asia Pacific ex-Japan return on equity rising from a low of 10 percent to 10.6 percent, continue to suggest buying the dips, she feels.
Citi and Credit Suisse has maintained a neutral rating on Maruti Suzuki with target price of 6,500 and Rs 6,800 respectively while on the other hand, Morgan Stanley and JP Morgan has an overweight rating on the stock with target price of Rs 8,784 and Rs 8,100 respectively.
The research firm believes that competitive intensity in hybrid contracts has remained modest with a limited set of contractors and has an outperform rating on Dilip Buildcon and Sadbhav Engineering.
Neelkanth Mishra of Credit Suisse says low inflation supports overweight call on beneficiaries of lower interest rates like mortgage providers and metals.
A spokeswoman said on Tuesday the current contracts and salaries of the affected staff would be honoured for the next 12 months, and the positions would be kept in Zurich.
Research firm Credit Suisse has maintained an outperform rating on Arvind and has raised its target price to Rs 450, a 26 percent upside from the current level.
Snapdeal's largest investor, SoftBank has been proactively mediating the sale for the past few months.
A National Anti-profiteering Authority will be set up for two years and will have the power to order price changes or impose penalties.
Neelkanth Mishra of Credit Suisse said that the momentum was weak and broader economy was unlikely to pick up any steam. He suggests looking at stocks or sectors that offer supernormal growth.
State-owned banks are saddled with NPAs worth Rs 6 lakh crore. Adding other restructured assets, the total stressed assets in the banking system is pegged at Rs 8-9 lakh crore.
Credit Suisse feels that the firm remains the most cost-efficient MFI, and there could be further opex gains from the technology adoption, a clear upside risk to its earnings estimate.
The company had posted a net profit of Rs 164.23 crore in the January-March quarter a year ago, Voltas said in a BSE filing.
United Spirits, Power firms, oil and gas, among others are on analysts' radar today.
GST implementation, more government reforms, revival in earnings and consistent inflow of foreign money are key drivers going ahead.
DSP BlackRock MF sees Nifty50 climbing above 9,500 by December 2017.
AB Fashion, Voltas and Welspun India are among a few stocks that investors are focusing on Monday.
“Investors’ response to the event was pretty rational. The risks which emanated from US airstrike on Syria airbase is somewhat contained.
Credit Suisse conducted a sentiment survey at its Asian Investment Conference during March 27-30, that saw participation from thinkers, policy makers, political leaders and over 330 companies from 15 countries in the region.
Credit Suisse maintains an outperform rating on United Spirits with a 12-month target price of Rs 2,500.