"We are coming to India as we know that it is becoming stronger and stronger among emerging market economies," Jose Maria Ricciardi said.

Silver Bullet ‘Buys’ are Coromandel International, Sundaram Finance, Tech Mahindra, Titan and Wipro.

The brokerage believes that the company will benefit from wholesale rates easing and overall interest rates likely going down.

Espirito Santo Securities has downgraded transport and logistics company Gujarat Pipavav Port from ‘Buy’ to ‘Neutral’.

The real bear market in India this year has been in mid and small caps compared to a 0.7% gain in the S&P BSE Sensex for the same period.

After hitting record highs in January, markets lost the momentum and have plunged over 5 per cent so far in the year 2013.

Espirito Santo Securities has given a ‘Buy’ rating on Cipla with a fair value of Rs 440.

The numbers were ahead of consensus estimates of Rs 60 crore, with positive surprise coming from general insurance business.

ITC’s cigarette business has delivered consistent high teens profit growth over the past six years, despite rising taxes.

Espirito Santo has upgraded the ratings of Manappuram Finance to ‘Buy’ and increased the target price from Rs 39 to Rs 45.

Espirito Santo maintained ‘Sell’ on SAIL and reduced fair value for the company to Rs 63 per share from Rs 94 earlier. The broking firm sai...

Espirito Santo retained 'Buy' rating on GSFC but reduced fair value to Rs 86 from Rs 96 earlier on continued slowdown in caprolactam and re...

Accordingly to Espirito Santo the management of Jain Irrigation expects another couple more quarters of pain.

Barclays has given a ‘Neutral’ rating on Infosys and set a target price of Rs 2,300, and Espirito Santo has reiterated its ‘Buy’ rating on ...

Shares of broking companies have been in action after an Espirito Santo report said substantial re-rating of these stocks is possible.

ITC may post up to 5% decline in sales this fiscal because the company has already raised prices by more than 12% to negate recent increase...

Brazilian national oil company Petrobras is understood to have shown interest in picking up stakes in ONGC Videsh’s (OVL) two oil and gas a...