The Antique Broking note said the growth momentum is expected to continue for Quess Corp as the company is set to benefit from strong hiring trends across segments.
In addition to Bharat Financial's Non-executive Chairman, Digant Haria of Antique Broking also spoke and he said the size of the company will matter when an NBFC wants to become a bank.
Dhirendra Tiwari of Antique Broking is bullish on the company's outlook and expects the Avantha divestment to aid the liquidity situation of the company.
In an interview to CNBC-TV18, Pratish Krishnan, IT Analyst at Antique Broking spoke about the Infosys‘ results.
At a time when other fund managers have been struggling to perform in a wayward market, Thakur's Avendus Fund II has returned 12.4 percent annually even while the benchmark BSE Smallcap Index was down by 17 percent for the last two years.
Liberty Shoes | Kajaria Ceramics | Delta Corp | Clariant Chemicals | Sanofi India | Trent | EID Parry | Chennai Petroleum | GMDC | Shree Cement | IFCI | Petronet LNG | Jindal Steel | National Fertilisers | Neyveli Lignite | Hindalco | Fortune Financial | TVS Motor and Tata Teleservices are stocks, which are in the news today.
Abhijeet Kundu says going ahead, HUL's earnings growth would relatively be lower as compared to FY13. So the scenario overall remains challenging not only for HUL but for the sector as a whole, while ITC has always been able to pass on the excise duty increases
Vikram Suryavanshi, analyst, Antique Broking, says that Siemens result disappointed both in terms of revenue and profitability. The energy segment also reported almost 44 percent degrowth on y-o-y basis.
Infosys surprised the street with better-than-expected results for the third quarter. In an interview to CNBC-TV18, Pratish Krishnan, IT Analyst at Antique Broking said, Infosys have maintained the revenue guidance and that has been a big surprise for the quarter.
The next phase of growth for Bharat Petroleum (BPCL) will come from upstream activities in Brazil, states Antique Broking in its latest report. Taking a cue from the recent oil and gas discoveries that BPCL has made in Brazil, the brokerage believes that exploration activities will put BPCL on the higher pedestal than industry players.
Pratish Krishnan of Antique Broking prefers TCS over other frontline IT companies after the recent set of Q2 numbers. However, he expects Infosys to catch up on revenue momentum going ahead.
Reliance Industries (RIL) is all set to declare its September quarter earnings on Monday. Brokerages on an average expect net profit of the company to decline 6 percent Year-on-Year to Rs 5,365 crore, but the same is likely to grow by 20 percent quarter-on-quarter.
Heavy engineering and construction major Larsen & Toubro announced its June quarter numbers yesterday. Despite the company posting slightly better--then-- expected results, analysts remain cautious due to moderate domestic business environment and global uncertainties in near term.
Pratish Krishnan, IT analyst, Antique Broking expects Tata consultancy Services (TCS) to grow at a faster pace than its peer going ahead. However, he expects Infosys' growth to rebound in FY14.
Nirav Shah, manager research of Antique Broking says ACC, Ambuja and Ultratech are nearing his price targets. “ACC, we had a price target of Rs 1,122. So, we have a hold on that. Ambuja, we have a price target of Rs 146, again a hold on that. We have a buy on the Shree Cement with a target of Rs 2,275,” he adds.
Buy Shree Cements with a target of Rs 2275, says Nirav Shah, Manager Research, Antique Broking.
A strong inflow of orders will power Suzlon Energy’s earnings in FY12, say brokerages
Paper stocks are in the limelight post the deal between AP Paper Mills and the US paper and packaging company International Paper. Amol Rao analyst with Antique Broking shares his detailed view on this recent deal in an excusive interview with CNBC-TV18.