Aug 04, 2021 07:05 PM IST
Adani Ports’ stock has fallen from the high of Rs 900 to current level of Rs 698 a share. It is currently trading at 19 times its FY23 estimated earnings, which we believe is attractive considering good earnings visibility, lucrative port assets, dominant position in the industry, asset backed business model and high operating cash.
- Mar 01, 2018 02:08 PM IST
Our analysis suggests a strong road ahead for SNL Bearings, Menon Bearings and NRB Bearings. We are relatively less bullish on SKF, Schaeffler and Timken on account of their premium valuation.
- Feb 21, 2018 12:37 PM IST
Decline in prices of raw material helps tyre companies improve performance.
- Feb 16, 2018 12:30 PM IST
Market leadership, a strong uptick in CVs, marquee clientele, operating leverage, and strong financial performance should support valuation for some of these companies, going forward
- Jan 21, 2017 05:32 PM IST
UltraTech Cement today reported a 4.7 per cent rise in consolidated net profit at Rs 593.9 crore for the quarter ended December 31, on lower expenses.
- Jul 10, 2015 04:53 PM IST
The company‘s digital business grew at a fast clip in the June quarter, and accounted for 12.5 percent of overall sales.
- Apr 03, 2013 04:58 PM IST
Debabrata Sarkar, CMD, Union Bank, says the NPA recovery in the fourth quarter has been encouraging and it will be lower than the December quarter both in absolute and percentage terms.
- Jan 17, 2013 11:10 AM IST
Harsha Upadhyaya, Head of Equities at Kotak Mutual Fund believes the demand scenario in the IT sector is yet to improve. As a result, he continues to remain underweight on IT.
- Jan 14, 2013 02:00 PM IST
George Alexander Muthoot, MD, Muthoot Finance, says that the company saw a marginal increase in the net profit. He is also of the view that the loan book of the company will improve going forward.
- Oct 22, 2012 12:16 PM IST
Bajaj Auto is is expecting a strong volume growth during the ongoing festive season. Rajiv Bajaj, MD of the company is seeing a growth of 30% in this period starting from Navratri.
- Oct 19, 2012 03:31 PM IST
Ambaresh Raghuvanshi, CFO, Info Edge expects the company‘s performance to improve from Q4 and added that the hiring environment has been weak in the second quarter. Besides, he does not see much pressure on pricing at the moment.
- Aug 14, 2012 10:54 AM IST
In an interview with CNBC-TV18, VM Mohan, Joint President - Corporate Finance, India Cements said cement realisations have been largely steady in Q1. However, the rise in excise and freight offset the realisation improvement.
- Aug 13, 2012 03:00 PM IST
In an interview with CNBC-TV18, Rajesh Agarwal, CMD of Insecticides India attributes its growth to the launch of new brands and collaborations with American and Japanese companies.
- Aug 13, 2012 01:00 PM IST
Everest Kanto have been reporting losses over the past few quarters and Prem Khurana, CMD of the company blames OEMs for its low growth in the Indian market.
- Aug 13, 2012 11:18 AM IST
Sam Ghosh, CEO of Reliance Capital tells CNBC-TV18, the company has registered about 17% growth in the first quarter of FY13.
- Aug 10, 2012 03:48 PM IST
While the jump in non-performing assets has been shocking, Hemindra Hazari, Head of Research at Nirmal Bang said that given the condition of the global economy it is but natural to have expected such a negative surprise.
- Aug 10, 2012 03:09 PM IST
Nirmal Jain, Chairman of IIFL said its brokerage income came down by 15% in the first quarter while its distribution income fell 48%. Seasonally, Q1 is weak and therefore, the company could not post good numbers, he added.
- Aug 10, 2012 11:00 AM IST
Anant Gawande, CFO of Talwalkars said the company's performance has been encouraging in the first quarter of FY13. Looking at the good responses to new initiatives, Talwalkars is hoping to maintain 35% sales growth in the current fiscal.
- Aug 08, 2012 01:01 PM IST
In an interview with CNBC-TV18, ABL Srivastava, Director-Finance of NHPC said generation in Q1 has been 6,148 million units, which is a drop of 3% YoY. According to him, this year generation is at par due to the addition of a plant.
- Aug 07, 2012 04:58 PM IST
In an interview with CNBC-TV18, JC Sharma, VC of Sobha Developers said the company is hopeful about sustaining the current margins and maintains its sales guidance of Rs 2,000 crore for FY13.
- Jul 31, 2012 10:44 AM IST
In an interview with CNBC-TV18, VK Sharma, Director & Chief Executive of LIC Housing Finance said the company is waiting for the right opportunity to launch QIP. He is also not expecting NIMs to decline further from the current levels.
- Jul 27, 2012 03:27 PM IST
In an interview with CNBC-TV18, Rakesh Sethi, ED of Punjab National Bank said they will review lending rates when deposit rates come down. According to him, asset quality will remain under pressure due to weak macros
- May 25, 2012 05:38 PM IST
S Varadarajan, director - finance, BPCL, says that the physical performance of the company has been outstanding. The company has declared a profit of Rs 1,300 crore for the whole year.
- May 11, 2012 06:02 PM IST
TM Bhasin, chairman & managing director, Indian Bank, says that there were slippages in textile, agriculture, SME, MSME sector and education loans which lead to a sharp fall in asset quality.
- May 10, 2012 05:35 PM IST
YK Hamied, chairman and managing director, Cipla says that the performance of the company for the quarter has been quite promising. The total income from Cipla operations has again crossed the landmark figure of Rs 7,000 crore. The exports has overtaken domestic for the whole year and we hope this to continue.