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Stocks to Watch on March 17: IndusInd Bank, Infosys, Brigade Enterprises and more

IndusInd Bank remains financially stable, with strong capital adequacy (16.46%) and liquidity ratios (LCR of 113%), as confirmed by the RBI. Infosys’ subsidiary, Infosys McCamish, reached a settlement agreement in the US for $17.5 million to resolve six class action lawsuits related to a cyber incident. Brigade Enterprises launched its new residential project, Brigade Eternia, in Yelahanka, Bengaluru, with an estimated revenue potential of ₹2,700 crore, along with a premium project in Devanahalli. Zydus Lifesciences successfully completed a USFDA inspection at its Ankleshwar facility with zero observations, affirming its adherence to regulatory standards. Shilpa Medicare’s subsidiary also passed a USFDA inspection at its Raichur facility with no observations, marking its second consecutive clean inspection.

Stocks on Radar: Bharti Airtel, Godrej Agrovet, RVNL, Infosys In Focus | March 12

Catch up on today’s top stock market updates! Bharti Airtel teams up with SpaceX for Starlink services in India, Infosys faces a downgrade, Godrej Agrovet expands its dairy footprint, and more. Stay ahead of the market—watch now

Analyst Call Tracker: How JSW Steel became an expensive buy over the past year

A steep valuation and an industry slowdown were the biggest reasons for downgrades.

Credit Suisse downgrades India to ‘Underweight’ on higher oil prices, calls cut ‘tactical’

“Our downgrade of India is tactical and largely based on higher oil prices. Oil hurts the current account and adds indefinite pressure besides increasing sensitivity to US Fed rate hikes,” Credit Suisse said.

Moody's places ratings of 51 Russian companies on review for downgrade

The action comes after Moody's placed Russia and Ukraine's ratings on review for downgrade on February 25.

Moody’s downgrade a non-event for the markets but a wake-up call for the government

The complete disregard to the downgrade by the market is a reflection of how much behind the curve rating agencies are

Moody’s downgrade to negatively impact D-Street sentiment, may cap upside near 10,100: Experts

Experts are of the view that Moody’s downgrade is unlikely to take the Nifty to a new low because the market seems to be climbing a wall of worries on the back of strong liquidity

Jain Irrigation downgrade – an accident waiting to happen

The problem is partly its creation and the other half is the government’s

Morgan Stanley downgrades global equities to underweight, says upside limited

On the earnings front, Morgan Stanley thinks that the market is underpricing the risk that companies presented lower full-year guidance

DHFL crisis: A look at the story so far

DHFL has Rs 850 crore of outstanding commercial papers of which Rs 750 crore is due in June 2019. The first CP maturity is on June 7, 2019

10 MFs owned Rs 5,000 crore of ADAG debt papers as of March-end

Reliance Mutual Fund had the highest exposure worth Rs 1,749.76 crore, followed by Franklin Templeton, which held around Rs 960.47 crore in ADAG debt papers as on March-end

Fund managers shrug off exposure to IDBI Bank's downgraded bond

Top mutual funds like Reliance Mutual Fund, HDFC Mutual Fund, Birla Sun Life Mutual Fund have exposure to IDBI Bank’s perpetual bond (AT-1)

Here’s why CLSA has downgraded Bharti Airtel to underperform

Brokerage house cites counter offers to Reliance Jio’s plans could hurt ARPUs going forward. Lowers revenue estimates by 10 percent for FY18-19, while EBITDA could be hit by 17-19 percent.

S&P downgrade warning sends Toshiba shares falling

S&P Global Inc said in a report that it could cut its rating of Toshiba Corp credit by several notches should the Japanese firm receive financial support that includes debt restructuring, sending Toshiba stock down 9 percent.

A first in 16 months: More debt upgrades than downgrades

Rating agencies had gone into a downgrading overdrive in December, the month after the government decided to do away with 86 percent of the currency in circulation.

CLSA downgrades RCom to 'sell' post Q4; BofA Merrill too bearish

Brokerage house Bank of America Merrill Lynch too is bearish on the stock and has retained its â€˜underperform‘ rating on the stock, citing pressure on core revenues

Japan GDP growth downgrade won't hurt global mood much: Manulife

Geoff Lewis, Senior Strategist, Manulife Asset Management, tells CNBC-TV18, there could be a knee-jerk reaction in global markets to the GDP growth downgrade. However, the impact is likely to be limited because Japan has not contributed to the global economy for some time now.

Downgrades in Crisil-rated cos touch all time high in FY16

"The pain is still not over. Even in FY17, we will see pressure in credit quality especially due to the weakness in the infrastructure and metals sectors," the domestic credit rating agency's senior director Somasekhar Vemuri told reporters on a conference call.

Moody's places Gulf states on review for downgrade

Dubai, Mar 5 (AFP) Moody's has lowered the credit ratings of Oman and Bahrain and placed the remaining Gulf oil exporters on review for downgrade, saying low crude prices have weakened their economies.

Why the sharpest earnings downgrade since 2008 is a buy signal

Fiscal year 2017 earnings-per-share (EPS) expectations for the Nifty 50 index have witnessed 21 percent downgrade, if analyst forecasts on average are taken into consideration. This is the sharpest downgrade that EPS expectations have witnessed since the Lehman crisis.