Emkay Global

Autos best way to play GST reform, says Emkay Global; maintains Sep '26 Nifty target of 28,000

Emkay Global remains positive on the markets and upholds its Sep-26 Nifty target of 28,000. The broking firm is of the view that autos are the best way to play the GST reform.

Emkay Global Consolidated March 2025 Net Sales at Rs 71.04 crore, down 21.21% Y-o-Y

Emkay Global Consolidated March 2025 Net Sales at Rs 71.04 crore, down 21.21% Y-o-Y

Emkay Global initiates coverage on capital goods, issues "Buy" for GE Vernova, Hitachi, CG Power

Emkay Global also issued an "Add" rating on ABB India and shared a target price of Rs 6,100 per share

Emkay initiates coverage on Atul with 'buy' tag amid cheap valuations, sees 41% upside

According to Emkay, Atul is expected to deliver a robust CAGR of 15% in revenue, 30% in EBITDA, and 37% in PAT over FY24–27E.

Embarrassingly, IndusInd Bank is in our model portfolio; too late to sell: Emkay Global

Barring a near-term dead-cat bounce, IndusInd Bank's stock will mark time until the new CEO is announced, said Emkay Global.

Emkay Global Consolidated December 2024 Net Sales at Rs 76.48 crore, up 1.71% Y-o-Y

Emkay Global Standalone December 2024 Net Sales at Rs 71.76 crore, up 3.87% Y-o-Y

Emkay Global recommends 'BUY' on Power Finance Corp and Rural Electrification Corp stocks

Emkay cites three primary factors that could contribute to the rise in stock prices of PFC, REC

Emkay Global Consolidated September 2024 Net Sales at Rs 108.03 crore, up 53.14% Y-o-Y

Emkay Global Consolidated June 2024 Net Sales at Rs 81.66 crore, up 75.05% Y-o-Y

Emkay Global Standalone June 2024 Net Sales at Rs 75.69 crore, up 87.95% Y-o-Y

Nifty's overvaluation signals imminent market correction; HDFC Bank, LTTS stocks among 'key avoids': Emkay

'Only meaningful upgrades in forward estimates could support such elevated multiples, and we do not see that in the next 1-2 quarters,' said Emkay.

Emkay Global Consolidated March 2024 Net Sales at Rs 90.17 crore, up 113.97% Y-o-Y

Discretionary spending pressures to persist in IT; demand scenario to improve in 2025-26, says Emkay

Gen AI is progressing gradually and is expected to drive transformational changes in companies' operating models

Emkay bullish on FMCG; rural recovery fuels optimism for HUL, Dabur, Bikaji Foods

From the near-term perspective, the full Union Budget could likely boost consumption prospects, said Emkay Global.

Emkay Global Consolidated March 2024 Net Sales at Rs 90.17 crore, up 113.97% Y-o-Y

Emkay Global Standalone March 2024 Net Sales at Rs 80.02 crore, up 101.61% Y-o-Y

Paytm stock gets 'Reduce' rating from Emkay; analysts see up to 12% downside

Paytm shares have been under pressure since RBI imposed major business restrictions on its associate firm Paytm Payments Bank Limited on January 31

ICICI Prudential shares slump over 6% on weak March quarter earnings

ICICI Prudential's net profit for the March quarter also took a hit, dropping by 26 percent year-on-year to Rs 173.76 crore due to increased expenses

Does March meltdown unleash an opportunity to enter the market?

Broking house Emkay Global is of the view that the market will rebound in 3-6 months, when smallcaps and midcaps would start to outperform again and the 'hide in large-caps' trade would unwind

Volatility, repricing trade to make a comeback as US inflation data surprises markets: Emkay Global

US consumer inflation slowed less than anticipated last month, according to government data. The closely watched Consumer Price Index rose 3.1 percent from a year ago in January, down from 3.4 percent in December.

Emkay Global Standalone December 2023 Net Sales at Rs 69.08 crore, up 38.94% Y-o-Y

Emkay Global Consolidated December 2023 Net Sales at Rs 75.20 crore, up 38.42% Y-o-Y

Emkay Global Consolidated September 2023 Net Sales at Rs 70.54 crore, up 24.6% Y-o-Y