According to Prayesh Jain of IIFL, Tata Motors is a good buy at current level.
Mahangar Gas could see a volume growth of 5-6 percent in a couple of years, says Prayesh Jain of IIFL.
TVS Motor has been unable to garner the benefits of operation leverage yet and increasing competition will also impact its margins going forward, says Prayesh Jain of IIFL.
IIFL's Prayesh Jain tells CNBC-TV18 the earnings growth can be sustained on the back of three new projects
Prayesh Jain, AVP - Research at IIFL recommends buying Reliance Industries, ONGC and BPCL from the oil & gas space.
Prayesh Jain, AVP - Research at IIFL is of the view that one may see upside in Reliance Industries and expects a target of Rs 1150 in next one year.
Mayuresh Joshi of Angel Broking reacted by saying it is a clear beat — exceptional set of numbers on the refining as well as on the petchem side
Prayesh Jain of IIFL says the chairman's vision is like magnum opus but one will have to wait and see how it pans outs. "We will have to wait for the numbers to start trickling in. It will take atleast another year for the numbers to come in, only then will more clarity emerge on the valuation front," he adds.
Utility vehicle maker Mahindra and Mahindra (M&M) matched street expectations on Friday. Consolidated profit plunged 39.4 percent year-on-year to Rs 586 crore crore, impacted by lower revenue. Consolidated numbers included Mahindra & Mahindra and Mahindra Vehicle Manufacturers (MVML).
In an interview to CNBC-TV18, Prayesh Jain of IIFL shares his views on the auto sector and auto ancillaries space.
In an interview to CNBC-TV18, Bharat Gianani of Angel Broking, and Prayesh Jain of IIFL analyse the numbers and discuss their view on the stock.
In an interview to CNBC-TV18, Prayesh Jain of IIFL shares his reaction on Ashok Leyland's Q3 earnings and his outlook on the performance of the company.
Prayesh Jain Oil & Gas Analyst, IIFL is convinced by RIL management's assurance that the company's key projects belonging to petchem and refining side will help double EBITDA in next two years.
Prayesh Jain Oil & Gas Analyst at IIFL recommends buying Reliance Industries.
IIFL's auto research analyst Prayesh Jain has downgraded M&M's growth forecast post its poor Q2 numbers.
Prayesh Jain, AVP - Research of IIFL prefers Hero Motocorp over Bajaj Auto.
According to Prayesh Jain, AVP - Research at IIFL, one may accumulate Bajaj Auto.
Prayesh Jain, however, recommends accumulating Bajaj Auto at current market price.
Mayuresh Joshi of Angel Broking, market expert Ambareesh Baliga, Prayesh Jain, Associate VP - Research, IIFL along with Piyush Jain, Equity Research Analyst, Morningstar India share their outlook on RIL‘s earnings for Q2 and the way ahead for the company.
Among other oil and gas companies, Prayesh Jain is bullish on BPCL and calls it the best oil marketing company in terms of financial management as well as operational performance.
Prayesh Jain, analyst at IIFL is of the view that one may pick Bharat Petroleum Corporation within the OMC space.
Prayesh Jain, analyst at IIFL recommends buying Reliance Industries with a target of Rs 1027.
Prayesh Jain, AVP - Research at IIFL suggests buying Tata Motors with a target of Rs 425.
IIFL has upgraded the stock to buy with a target price of Rs 425 and has revised the earnings estimates by around 6-8 percent for JLR operations said Prayesh Jain.
IIFL has suspended rating on IGL given the concerns related to Supreme Court decision which is still pending.