INSUBCONTINENT EXCLUSIVE:
Good morning!
The domestic stock market on Thursday showed early signs of a possible breakout from its consolidation range
palm oil for the production of biodiesel, said Motilal Oswal
The brokerage said this event would be a positive for Godrej Agrovet's palm oil division in FY21
The brokerage expects Gujarat Gas to witness a 40 per cent compounded growth in earnings through FY19-FY22 backed by PNG industrial volume
growth on strict implementation of the NGT order, ban on fuel oil use in Gujarat, Delhi Mumbai Industrial Corridor and switching of Tarapur
Further, CNG Sahbhagi Yojana is expected to drive CNG volume in the long-term, the brokerage said
The brokerage has opened a 90-days positive catalyst watch on th stock as it expects the ocmpany to report healthy revenues in the third
quarter given that some of the client-specific issues are now behind and large deals signed over the past few quarters are ramping up
The momentum of deal wins has continued to be decent and should provide growth visibility in FY21, it said
Hindustan Zinc remains on track for achieving 1.2 million tonnes per annum mined metal capacity in financial year 2019-20 (April-March) with
plans to further expand capacity to 1.35 mtpa, said Antique
Higher silver prices, lower coal costs and recovery in metal volumes would support earnings, the brokerage said
The brokerage has cut earnings estimate on Lupin by 2-4 per cent, factoring in lower US revenues due to slow ramp-up of Solosec and weak
launch pipeline for generics
About 75-80 per cent of incremental growth in the US is likely to come from three products, said CLSA
Product pipeline outside the three big ones is either addressing a small market or fairly competitive, and products coming from the sites
impacted by warning letter will need US FDA clearance before launch, it said
The stock ended up 0.8 per cent at Rs 792.25 on Wednesday.