Hospital expansion cycle to keep margins rangebound, but 18 per cent revenue growth trend likely to sustain: Kotak SecuritiesIndian hospitals are set for strong revenue growth. Brokerage firm Kotak Securities predicts double-digit gains. EBITDA margins are expecte...
Jefferies raises target price of auto ancillary stock that's venturing into aerospaceJefferies has increased its target price for Belrise Industries to Rs 250, maintaining a positive outlook. The auto component maker is expe...
Retail health premium growth rises to 31% YoY in April 2026, anchoring non-life insurance sector: Kotak Institutional SecuritiesIndian non-life insurance saw robust growth in April 2026. Retail health premiums surged 31 percent year-on-year. Motor insurance also perf...
Wipro shares crack 4% after Q4, Rs 15,000-crore buyback. What Goldman Sachs, other brokerages are saying?Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyb...
Private banks outpace PSBs in Q4 deposit growth amid deposit mobilisation pressuresPrivate banks outpaced public sector lenders in deposit growth during the January-March quarter. This occurred as the banking system faced ...
Tata Steel's crude steel production up 55% yoy to 4.62 MT in Q1 of FY 22“Tata Steel India Crude steel production grew 55%YoY in 1QFY22 as 1QFY21 was impacted due to the COVID-19 pandemic and the stringent nation...
BFSI, commodities expected to drive FY22 earnings: MOFSL"Corporate earnings in 4QFY21 were led by cyclicals and a combination of low base and strong demand revival as economic activity improved. ...
Ind-Ra revises FY22 credit rating outlook of textile sector to stable from negativeExport-focused garments and home textiles are likely to remain resilient compared to the spinning and fabric segment. The export order book...
Realty sector outlook set to improve in FY22, grade I developers to gain: India RatingsNon-Grade I players are also likely to see their sales rising by 26% in FY22 after a 39% decline in FY21. Demand-side risks combined with t...
States see sharp rise in fiscal and revenue deficits in Q1 of FY 2020-21: Ind-RaWhile their aggregate fiscal deficit reached 40.7% of the budgeted amount for FY21 against 13.4% for the same period last year, the total r...
Buy GIC, target price Rs 165: HDFC SecuritiesPromoters held 85.8 per cent stake in the company as of June 30, 2020, while FIIs held 0.3 per cent, DIIs 11.9 per cent and public and othe...
Buy State Bank of India, target price Rs 285: LKP SecuritiesState Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 177019.67 Crore).
Buy ICICI Securities, target price Rs 625: CLSAICICI Securities Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 17428.06 Crore) operating in Financia...
Brokerages raise target price on HDFC Bank after strong earningsThe bank on Saturday reported a 19.6% increase in its standalone net profit at Rs 6,658.62 crore.
What are BoP, CAD, current account data telling us about the state of the economy?Current account in 4QFY20 registered a surplus of $0.6 billion (0.1% of GDP) against $2.6 billion deficit in 3QFY20 (0.4% of GDP).
Buy Larsen & Toubro Infotech, target price Rs 2645: Motilal OswalLTI’s 1QFY21 revenue/margin performance was strong (in-line), despite the current challenging environment.
Add ITD Cementation India, target price Rs 54: HDFC SecuritiesAt best the brokerage expects ITD to record 50 per cent revenue in 1QFY21 (Rs 3.5 billion) with gradual ramp up to Rs 10 billion by 4QFY21E.