Macquarie

The portfolio consists of road projects spanning 648 km across Andhra Pradesh and Gujarat. Macquarie is open to selling the portfolio as a whole or in three smaller packages, depending on buyer appetite

Macquarie prepares to sell its TOT road bundle for $1.5 billion

If the entire portfolio of nine roads is sold, it will be the biggest such deal in India, exceeding KKR’s acquisition of 13 roads from PNC Infratech for Rs 9,000 crore

Macquarie picks HDFC Bank, LIC as top financial bets; slashes IndusInd Bank target

Macquarie shared its top financial stock picks including HDFC Bank, Axis Bank, and LIC. While it sees promise in select NBFCs and large private banks, it also downgraded several names like IndusInd Bank and HDFC Life due to weaker growth expectations

Growth concerns, a major pain point for investors in financials  

The broader consensus among investors seems to be that income growth among the population needs to improve for real credit demand to pick up.

Divides in Republican party fuel Trump's policy contradictions: Macquarie's Viktor Shvets

Macquarie’s Viktor Shvets says Trump’s conflicting tariff messages stem from deep ideological divides within the Republican Party.

Macquarie's India playbook: 6 stars, 6 hitters, and 6 rising stocks

Macquarie’s “6 Stars” list includes industry leaders such as TCS, HDFC Bank, Sun Pharma, M&M, Trent, and PFC.

Macquarie reaffirms 'outperform' rating on NTPC, says shares can rally 35% further

Macquarie's target price of Rs 475 for NTPC shares indicates a 35 percent upside from the previous session's closing price.

REC, PFC shares rally up to 3% after Macquarie rates 'Outperform', says structural story intact

The Macquarie note said that the recent fall in stock prices were driven by weak sentiment in PSU shares, but concerns over decline in growth, rising competitive intensity and softer demand for power are overblown.

Macquarie sees strong growth for India's power sector; bullish on Power Grid, NTPC, REC, PFC

Power Grid, REC, PFC and NTPC all bagged bullish ratings from the brokerage.

Actis emerges as lead contender in $500 mn race for Macquarie's India clean energy platform Stride Climate

In India, Actis already has a renewable energy firm in its portfolio , namely Gurugram based BluPine Energy which has solar, wind and commercial and industrial segments

EM fund managers upping China weight in portfolio, trimming India positions, says Macquarie

For the long-term, the view on India is far more constructive than that of China, said global EM fund managers.

China effect: CLSA cuts India weightage; Macquarie, Citi continue to be bullish on India

Many in the market have been talking about the ‘buy China, sell India’ factor ever since China rolled out measures to boost economic growth and restore confidence in its financial markets, especially following stagnation in the property sector.

China rally may continue till December before fading away next year, says Sandeep Bhatia of Macquarie Capital

The nature of selling in India has been such that it is seeing both hedge funds as well as long-only fund pull out right now, which Sandeep Bhatia said was partly due to profit booking, as well as to fund upcoming IPOs.

Syngene eyes recovery in H2FY25, plans to triple bio-manufacturing capacity by FY26

Syngeme has major infrastructure projects slated for completion by FY26. The company aims to triple its bio-manufacturing capacity within the same timeline as well.

Nifty Metal rises 1.5% as Macquarie, Morgan Stanley boost target prices for key players in sector

JSW Steel emerged as the top gainer in both the metal index and the Nifty 50 pack, rising over 4 percent to reach an all-time high of Rs 988, following Macquarie's upgrade to 'Outperform.'

What’s attractive, what’s not: Macquarie’s composite valuation has the answer

Nifty PE surges above the 10-year average as liquidity drives markets higher. Macquarie favours banks, autos, and materials while cautioning against staples and utilities.

Canadian pension fund CPPIB, Macquarie, Cube in advanced talks to acquire NIIF’s $1.2 billion road portfolio

At an enterprise value of up to $1.2 billion, this will be the biggest roads deal in the country

Zomato stock drops 5% as Macquarie sees nearly 50% downside due to fierce competition

Macquarie cautioned that rising competitive intensity in the quick commerce segment, especially with the entry of Jio Mart's 30-min grocery delivery, may hurt Blinkit, Zomato's quick commerce arm.

Macquarie cuts target price on LTIMindtree as merger synergies hit rough patch

Macquarie cut its target price on LTIMindtree to Rs 6,250 from Rs 7,050 per share as the merger synergies hit a rough patch.

Birla Opus not hurting Asian Paints much, says Macquarie; cuts target price for Kansai, Berger stocks

Macquarie has maintained its 'Outperform' rating on Asian Paints with a target price of Rs 4,000, underplaying competition concerns from the launch of Birla Opus.

Marico shares tank 3%, reports lower consolidated revenue; MS, Macquarie bullish

Despite reporting lower consolidated revenue on a year-on-year basis, Macquarie and Morgan Stanley are bullish on Marico

Moneycontrol Selects: Top stories this afternoon

Our specially curated package of the big stories to help you stay at the top of your game

Managed by Macquarie: the Australian group with a grip on global infrastructure

The investment management company was a pioneer in turning public utilities into lucrative assets, but does that model make for good policy?

Indian banks' exposure to AT1 bonds is low, investments in PSU banks safe: Macquarie

Private sector banks have an exposure of around 0-1% to AT1 bonds, while PSU banks have an exposure of 1-2%, as per Macquarie note shared on March 21.