Broker Research

In probably the best demand environment that the IT services industry has witnessed since the Global Financial Crisis, Infosys delivered 1QFY19, in line with its unambitious guidance. Unlike TCS the other day (TCS).
July 14, 2018, 10:46 a.m.

We had an interaction recently with Mr. Ajit Jhunjhunwala, promoter and Joint managing director of La Opala RG.
July 13, 2018, 11:43 a.m.

Cyient delivered a weak set of performance for 1QFY19 with a tepid margin performance.
July 13, 2018, 10:47 a.m.

Yield on advances fell to 9.29% from 10.22% last year.
July 13, 2018, 10:45 a.m.

Cyient has reported a disappointing performance in 1QFY19, with its USD revenue declining by 2.3% QoQ (-1.4% in CC terms) to US$160.8mn (3.1% below our estimate).
July 13, 2018, 10:41 a.m.

At its CMP of Rs 272.4/-, the stock trades at ~1.7x its FY18 BV of Rs 163/-. We believe the NPA cycle is bottoming out and hence reiterate our POSITIVE view on the stock.
July 12, 2018, 12:36 p.m.
Author : Way2wealth | Publisher:

Net Sales and PAT of the company are expected to grow at a CAGR of 12% and 24% over 2017 to 202GB respectively.
July 12, 2018, 12:23 p.m.
Author : Firstcall India Equity | Publisher:

Net Sales and PAT of the company are expected to grow at a CAGR of 54% and 18% over 2017 to 202GB respectively.Hence, we say that, we are Overweight in this particular scrip for Medium to Long term investment.
July 12, 2018, 12:04 p.m.
Author : Firstcall India Equity | Publisher:

HCLT’s board approved the buyback of 2.61% of paid-up equity (~36m shares) at INR1,100, implying total return of INR40b (following a special resolution through a postal ballot).
July 12, 2018, 11:34 a.m.

Sanofi India clocks Rs25,000 mn annually in revenues and is ranked 15th in the domestic market in terms of annual sales, as per AIOCD AWACS. The company is strongly positioned in the domestic market, having 4 brands among top 100. Lantus remains its flagship brand which is growing in mid-teens in volume terms annually.
July 12, 2018, 11:21 a.m.