Spendings from telecom vertical, complimented by banking, IT/ITeS, manufacturing and government drove these storage numbers in October-December 2015, IDC said in a statement.
Given the numbers and the valuations the brokerage house would refrain from hiking the target price for Cipla from the current Rs 1070, Bhavesh Gandhi.
According to Basant Maheshwari, founder, The Equity Desk one should look at sectors where there is degree of predictability. He recommends looking at pharma and intellectual property rights (IP) space.
The company has new orders to the tune of 1.3 billion euros by Samvardhana Motherson Peguform (SMP) and Samvardhana Motherson Reflectec (SMR), said Vivek Chand Sehgal of Motherson Sumi.
Compound Annual Growth Rate (CAGR) indicates the compound growth rate of the amount invested over a specific time interval. It is used to indicate revenue growth or decline of a company over a period of time.
"By 2020, shrinking battery and solar cost will make EVs (electric vehicles) in the mass segments the cheaper alternative over a car life cycle in most European markets," UBS analysts said in a note last week
In an interview to CNBC-TV18, Param Desai of Nirmal Bang Institutional Equities shared his reading and outlook on real estate space and particularly HDIL. At Nirmal Bang, their top picks from the realty space are Prestige Estates and DLF, he asserts