India needs some macro improvements for a ratings upgrade: Kim Eng Tan, S&P"India needs to push reforms ahead to allow GDP growth to remain relatively strong for a sustained period of time."
- Brokers’ picks: Hexa Tech, Sesa Sterlite
With Baring Asia as promoters, Kim Eng expects co to become more aggressive towards acquisitions and largedeals.
- Brokers’ Call on Infosys, CMC and Sintex Industries
Ambit has maintained its ‘Sell’ rating on Infosys with a target price of Rs 2,138. Infosys’s share price declined by 22% on Friday.
Brokerage views on Grasim Industries, Hexaware and TCSCredit Sussie has initiated coverage on Grasim with an ‘outperform’ rating while Kim Eng maintained ‘buy’ on TCS and Morgan Stanley retaine...
- DLF falls 3% after Q3 results; Kim Eng maintains ‘buy’
DLF Ltd slipped over 3% in early trade on Friday, a day after the real estate major reported a 10.1 per cent growth in net profit.
TCS signals slower growth in near-term; Brokerages maintain ‘buy’Analysts at two major brokerage firms are of the view that at current prices TCS offers a good entry point for investors.
- Multibagger: Kim Eng expects Sobha Developers to hit Rs 426/share
Kim Eng Securities has maintained a ‘Buy’ call on Sobha Developers and expects the stock to rally on strong presales for Nov-Dec launches.
- Global investor sentiment turns bullish for Indian markets: Kim Eng
The recent big-bang reforms announced by the UPA govt have indeed pepped up the mood of the global investor community for the Indian market...
- Brokers’ call: Kim Eng downgrades United Spirits
The USL stock rallied on confirmation that the company is in discussions with Diageo for a stake sale.
- Brokerages turn cautious on Sesa Goa; cut target price, EPS targets
Sesa Goa is constantly reeling under pressure since the month of February 2012, weighed down by mining bans and slowdown in iron ore demand.
- Kim Eng maintains 'buy' rating for Tata Motors
Kim Eng has maintained its 'Buy' rating on Tata Motors with a target price of Rs 335.
- Brokerages initiate overweight on Sesa Goa, downgrade Sterlite Industries
JPMorgan has initiated the coverage of Sesa Goa with an ‘overweight’ rating. Singapore-based investment banking firm KimEng has downgraded ...
- Brokers' call on Aurobindo Pharma, Hindalco, India
In its report, BNP analysts said they will remain bearish on Indian policy options before the next elections in 2014, and a drop in growth ...
- Brokers’ call: DB Corp, Crompton, Pipavav Defence
Citigroup has resumed coverage on DB Corp by maintaining a ‘Buy’ and marginally raising the target price to Rs 230.
- Bharti Airtel gets a ‘buy’ from Kim Eng
According to its analysts, Bharti’s high investment phase is almost over. Over the past three years, Bharti invested Rs 1 trillion to estab...
- Recommend sell on Bharti, Idea: KIM ENG Securities India
KIM ENG Securities India is of the view that rising license/spectrum costs and declining earnings are cause of concern for Indian telecom s...
- KIM ENG maintains ‘Buy’ on Reliance Industries
KIM ENG India has maintained ‘Buy’ call on Reliance Industries even as the company has announced plans to acquire LyondellBasell.