INSUBCONTINENT EXCLUSIVE:
Good morning!
The domestic stock market on Wednesday showed early signs of a possible breakout from its consolidation range
Power with a target price of Rs 210
Management remains focused on deleveraging through free cash flow and monetisation of overseas assets, said Motilal Oswal
FCF generation is likely to be strong with the focus on sweating existing assets and current limited growth capex
The stock trades attractively at FY21 estimated cash P/E of 5 times, said Motilal Oswal
Growth challenge in the largest vertical A-D, weakness in top five accounts, investments impacting margins were key draggers for Q3, said
These consistent issues have led to a washout FY20 with estimated 4.1 per cent YoY fall in overall revenues
Disappointing outlook on post restructuring of margins and higher attrition remain near-term concern, said ICCIdirect
GAIL is trading near its 10-year low PE and at a sub-6 times core PE, stripping off the value of investments, said CLSA
Any plans of unbundling gas transmission may be positive in the short term as the demerged valuation may be much higher than implied by its
current stock price, said CLSA
production guidance, said Phillip Capital
Incremental volumes from expansion projects across the world would gradually push zinc market into surplus, said Phillip Capital
growing at a modest 4.0 per cent year-onyear, said Jefferies
New NPL formation, at 2.2 per cent, was in line with two chunky slippages (Dewan - Reliance Home Finance) from an already earmarked stressed
Shares of Federal Bank ended up 0.85 per cent at Rs 94.60 on Tuesday.