Macquarie Capital Securities

Upbeat on Jubilant Food, Titan, HUL, Godrej Cons; neutral on ITC: Macquarie Capital

The house is neutral on ITC stock but is very positive on long-term fundamentals of the company. The downside for the stock after the recent correction is very limited, said Amit Sinha of Macquarie Capital Securities.

Macquarie Cap Securities expects things to be much uglier for banking sector in FY18

In the next 12 months, things will look even uglier for banks considering that you will not have topline momentum & they are in the process of kitchen sinking or cleaning up balance sheets, said Suresh Ganapathy Banking, Analyst, Macquarie Capital Securities.

See weakness in credit growth for PSU banks in FY18; sell SBI: Macquarie Cap Sec

Credit growth for the PSU banks is expected to be weak for the next fiscal year not only because of their limited ability to lend money but also because the capex demand is completely absent, said Suresh Ganapathy, Banking Analyst, Macquarie Cap Sec.

Demonetisation has slowed down economy: Tanvee Gupta Jain

Watch the interview of Tanvee Gupta Jain of Macquarie Capital Securities with Manisha Gupta on CNBC-TV18. She speaks about demonetisation and its effects on various sectors in India.

Mkt stabilisation scheme, more than CRR, will bring relief:StanC

Speaking to CNBC-TV18 Ananth Narayan of Standard Chartered Bank said that the market will continue to remain in excess liquidity. Lack of credit offtake, economic slowdown in the quarter coupled with surplus deposits in banks will mean a soft corner for bonds, he said.

5-10% correction in housing fin cos make them attractive:Analyst

Investors, Ganapathy said, should look to buy into any correction in housing finance stocks. Large housing finance companies (HFCs) are more favourable in this market, he said, adding that a 5-10 percent estimated correction from the current levels can make it attractive.

See 30-50 bps cut to 7.4% GDP growth target for FY17: Macquarie

Speaking to CNBC-TV18 Tanvee Gupta Jain of Macquarie Capital Securities said that there could be short-term pain in the next couple of quarters owing to a dip in consumer discretionary spends.

Demonetisation to impact NBFCs for next 3-4 months: Macquarie

In an interview with CNBC-TV18, Suresh Ganapathy of Macquarie Capital Securities said that unsecured loans and consumer durables are likely to see higher non-performing assets (NPAs) in the NBFC sector.

SRL likely to be valued 25 times FY18 operating profit:Macquarie

Singhal sees significant opportunity for diagnositics players such as Dr Lal Path Labs, Thyrocare and SRL. Organised players are already gaining market share and companies which maintain quality standards will definitely do well, he says.

Lupin to see approvals after US FDA gives clean chit: Macquarie

Of the total 18 observations, 9 from July 2015 and another 9 from March 2016 inspection, the former ones relating to equipment and warehousing have been closed. Nine observations are still outstanding for the company.

Dec '16 Nifty target @9200; rally in metals justified: Macquarie

Talking about the consolidation in the cement sector, Rakesh Arora of Macquarie Capital Securities says UltraTech's capacity post merger with units of Jaiprakash would be almost 90 MT, which is one-third of India's total capacity and production. Hence, he does not see this deal getting Competition Commission's go-ahead

See ICICI Bank RoA @1.6% for FY17; stressed assets a worry: Pros

In the near-term, Suresh Ganapathy of Macquarie Capital Securities does not see any re-rating catalyst. He believes the fundamental value of ICICI Bank is at Rs 240-250 per share.

Indian mkt close to bottom; FII's may return soon: Macquarie Cap

â€œWe don‘t think there is too much downside for Indian markets from the current level. Nifty staying below 7500 level on a sustainable basis is unlikelyâ€, says Rakesh Arora, India Head of Research, Macquarie Capital Securities.

Macquarie slashes Adani Power target by 47%, sees FY16 loss

Inderjeet Singh Bhatia, Macquarie Capital Securities says the firm has reduced the target price by 47 percent to Rs 23 from Rs 43.

FIIs upbeat on India, say Nifty to touch 9000 in 2016

Ridham Desai, MD, Morgan Stanley India, says India continues to be the best house in a bad neighbourhood and that there is tremendous appetite to buy India.

Enter Indiabulls Housing on correction: Suresh Ganapathy

Suresh Ganapathy, Banking Analyst at Macquarie Capital Securities is of the view that one may enter Indiabulls Housing Finance on correction.

Buy Axis Bank, says Suresh Ganapathy

Suresh Ganapathy, Banking Analyst at Macquarie Capital Securities advises buying Axis Bank.

Prefer ICICI Bank, says Suresh Ganapathy

Suresh Ganapathy, Banking Analyst at Macquarie Capital Securities is of the view that one may prefer ICICI Bank.

YES Bank top pick, says Suresh Ganapathy

Suresh Ganapathy, banking analyst at Macquarie Capital Securities is of the view that YES Bank is the top pick.

Prefer LIC Housing Finance: Suresh Ganapathy

Suresh Ganapathy, banking analyst at Macquarie Capital Securities is of the view that one may prefer LIC Housing Finance.

Pick ICICI Bank for long term, says Suresh Ganapathy

Suresh Ganapathy, banking analyst at Macquarie Capital Securities is of the view that ICICI Bank is a good pick with a long term view.

Govt lax on PSU banks, avoid until capitalised: Macquarie

"Despite being aware of the attrition issue in PSU Banks, the government took so much time. Also, it is being naive in assuming that one person at the top can change the way forward for PSU banks," says says Suresh Ganapathy, banking analyst at Macquarie Capital Securities.