India's top contract maker of room ACs Amber Enterprises targets Rs 500 crore QIP in September

The promoters own 44 percent, Asian private equity fund ADV Partners nearly 21 percent and Goldman Sach entities 4.86 percent of the Gurugram-based company.

Coronavirus woes hit metal stocks, but Tata Steel & JSW Steel may ride the storm

Ambit has initiated a buy call on Tata Steel with a target of Rs 550 which translates into an upside of over 40 percent from March 3 closing level of Rs 387 on the BSE.

PMS manager of Coffee Can with AUM of over Rs 300 cr reveals his 3 success mantras

The strategy has always been the same – to remain true to the Coffee Can investment philosophy, irrespective of the marcoeconomic situation and business cycle, says Manish Jain.

Double-digit earnings growth likely in FY19, not FY18: Ambit Capital’s Mukherjea

Will see uptick in macroeconomic indicators in FY19: Pramod Gubbi

In an interview to CNBC-TV18, Pramod Gubbi, Head of Equity at Ambit Capital, spoke about his reading of the market and his outlook.

Negative on BFSI space; sell Equitas, Ujjivan; see up to 25% downside: Ambit Capital

Ambit Capital has a negative view on BFSI segment with sell recommendations on Equitas Holdings wherein the firm expects a downside of 25 percent with a target price of Rs 126.

Nifty@10K probably not the right time to enter markets, shift allocation to cash: Ambit Capital

We do believe the Indian markets are currently overvalued especially in light of elusive earnings growth.

As 2019 polls draw closer, there is an opportunity to make money in 'connected companies': Saurabh Mukherjea

India is the only significant democracy in the world with First Past the Post (FPTP) elections in which a multitude of parties feature. In the rest of the world, democracies:

New funds showing interest in Indian mid & smallcaps: Ambit’s Mukherjea

Along with well-established FIIs, the conference has also seen participation from new funds which are showing interest in Indian midcap and smallcap companies, says Saurabh Mukherjea of Ambit Capital

Exuberant bond market could be the trigger for correction in stocks: Ambit’s Mukherjea

There are other storm clouds as well building up as well, which Mukherjea feels the markets could be underestimating.

Don't expect major changes in P-Notes participation from investors: Ambit Capital

In an interview to CNBC-TV18, Pramod Gubbi, Head-Equities at Ambit Capital shared his readings and outlook on P-Notes and the market.

Ambit sees Sensex at 31,000 by March 2018; prefers pharma over IT

Pramod Gubbi of Ambit Capital sees a revival in Indian and global markets, but says that he will take money off the table in some cases.

Here's why Ambit's Saurabh Mukherjea is uncomfortable chasing market right now

Saurabh Mukherjea, CEO, Ambit Capital believes the economic weakness and the rally against is making it uncomfortable to chase the rally. He believes IT and pharma have a few stocks with attractive valuations even if both the sectors are seeing some pressure.

Without reskilling, IT's 1 mn workforce will struggle to stay

The shift the industry is currently undergoing is evident from growth numbers, which have plummeted to mid-single digits in the last few years. And for the first time, industry body Nasscom has deferred its annual growth guidance.

India faces 1.5 mn white-collar job crisis in telecom, IT, BFSI

India is staring at an imminent jobs crisis as three leading service sectors — which have been engines of job creation for two decades now — get ready to shed jobs by the tens of thousands, each driven by its own dynamic.

Nifty support at 8260; initiate fresh shorts on Titan: Ambit

Prashant Mittal of Ambit Capital says any downmove is likely to find support near the levels of 8,260 - denoting intermediate tops made between the double bottom formation.

Don't see conditions for a big market rally in short term: Ambit

Prevailing conditions aren‘t conducive for a big rally in the markets in the short term, Saurabh Mukherjea told CNBC-TV18. The brokerage house had in November scrapped its FY17 Sensex target of 29,500 in view of the government‘s demonetisation drive. Ambit Capital‘s FY18 Sensex target stands at 29,000.

Market may correct 10-15% in 3-6 months if DIIs sell: Ambit

Saurabh Mukherjea of Ambit Capital shook the world when he said it is a contracting gross domestic product (GDP) for the current year and now he says the evidence that emerged in the last few days validates the point that the economy is under pressure.

Long-term IT earnings growth seen in high single-digits: Gubbi

Speaking to CNBC-TV18 Pramod Gubbi, Head Of Equities at Ambit Capital, said that Donald Trump‘s recent rhetoric on H1B visas are less of an issue for the IT sector. IT sector will continue to wrestle with challenges regardless of the US president elect's negative bias towards immigrant workers, he said.

Earnings to grow at 2-3% in FY17; mkt migration to happen: Ambit

Speaking to CNBC-TV18 Saurabh Mukherjea of Ambit Capital said that we have been accused of saying a lot of things that are thought of as sensational but facts and subsequent events have borne them out.

Demonetisation: Brokerage firms cut GDP growth estimates for FY17, FY18

As per a Business Standard article, Ambit sees a significant decline in GDP growth in the second half of the current fiscal and sees it decelerating from 6.4 percent in the first half 0.5 percent year-on-year (YoY) in H2FY17.

Demonetisation: Banks may trim base rate by 360 bps in 3-4 years, says Ambit

Ambit, in a report, has pegged the GDP growth rate for the second half of this year at a mere 0.5 percent. It has also cut its FY18 GDP growth guidance to 5.8 percent from 7.3 percent.

Demonetisation to drag down FY18 GDP growth at 5.8%: Report

According to Ambit Capital, GDP growth is likely to decelerate from 6.4 percent in first half of this fiscal to 0.5 percent in the second half with a distinct possibility of GDP growth contracting in third quarter of this fiscal.

Real estate sector to hurt from ban on Rs 500,1000 notes

The government's decision to withdraw existing currency notes of Rs 500 and Rs 1,000 from circulation has rattled most property developers given the huge cash dealings in the sector.

Need to see pullback in markets for FII inflows: Ambit Capital

Speaking to CNBC-TV18 on the sidelines of Ambit India Access Conference, Mukherjea said that there‘s a consistent pushback from investors that Indian stocks are aggressively priced. “We need to see some pullback from Indian market to see FII money aggressively into India,” he said.