State Bank of India's stock broking arm, SBICap Securities, which has been growing at over 60 percent so far this year in customer addition, today said for the first time the company will turn in a small profit this fiscal, driven by the retail portfolio.
Mahantesh Sabarad of SBICap Securities believes various sectors will be impacted by the rate of Goods and Services Tax (GST), expected to be around 18 percent.
The entire business model of pharma companies in the US comprising of substantial filings, inspection of facilities & FDA compliance and marketing distributing strategy is threatened at present, says Mahantesh Sabarad, Deputy VP Research, SBICap Securities.
Mahantesh Sabarad of SBICAP Securities is of the view that Dish TV is looking attractive.
Mahantesh Sabarad of SBICAP Securities feels that YES Bank may move to Rs 1050-1060.
Mahantesh Sabarad of SBICAP Securities is of the view that one may look at Maruti Suzuki.
Mahantesh Sabarad of SBICAP Securities suggests buying United Breweries.
Mahantesh Sabarad of SBICAP Securities is of the view that one may buy Nestle India.
Stock specific Mahantesh Sabarad of SBICAP Securities is very bullish on Nestle India and Maruti and have target price of Rs 6800 and Rs 4900 respectively.
A marginal rise in provisioning and a slight deterioration in gross NPL of IndusInd Bank was expected given the economic environment and should be taken positively as the corporate portfolios of all the banks are under considerable pressure, says Hemindra Hazari, Independent Market Expert.
Watch the interview of Mahantesh Sabarad of SBICap Securities with Anuj Singhal & Ekta Batra on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Mahantesh Sabarad, Deputy VP-Research, SBICap Securities has a cautious view on the pharma space.
Mahantesh Sabarad, Deputy VP-Research, SBICap Securities likes JK Tyre and Industries from the tyre space.
Watch the interview of Mahantesh Sabarad, Deputy VP-Research, SBICap Securities with Ekta Batra and Anuj Singhal on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.
Rajesh Gupta, Assistant Vice President at SBICAP Securities recommends buying CCL Products, Can Fin Homes and Repco Home Finance.
Rajesh Gupta, Assistant Vice President at SBICAP Securities recommends buying CCL Products India,Can Fin Home and Repco Home Finance.
Amongst the cement companies, Mahantesh Sabarad of SBICap Securities prefers regional players that are exposed to central and eastern parts of the country than largecap names. He likes Heidelberg from that space
Sarabjit Kaur Nangra, VP-research from Angel Broking says while the revenue miss is disappointing, but the core matrix drivers in terms of volume has done fairly well. The miss has probably come from currency, she adds
Watch the interview of Mahantesh Sabarad, Dy VP-Research at SBICap Securities with Anuj Singhal & Ekta Batra on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Sabarad of SBICap Securities is bullish on the infrastructure and banking themes, and wary of auto-ancillary firms with sizeable exposure to European markets.
Mahantesh Sabarad of SBICAP Securities is bullish on financial NBFC space, select pharma companies and IT stocks. He likes PTC India, Dr Reddy's Lab, Biocon, Infosys and Firstsource, among others.
Mahantesh Sabarad, Deputy VP-Research, SBICap Securities gives his view on whether there is a possibility of earnings per share (EPS) downgrades post June quarter and also his take on Tata Consultancy Services (TCS).
Mahantesh Sabarad, deputy VP - Research, SBICap Securities likes the construction space and is bullish on Ashoka Buildcon and Sadbhav Engineering.
Watch the interview of Mahantesh Sabarad, Dy VP – Research at SBICap Securities with Anuj Singhal & Ekta Batra on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
The proposed introduction of a gold deposit scheme is a big positive and conservative estimates show that the monetary value of gold deposits mobilized may be at least Rs 1 lakh crore.