Focused CAPA required to resolve regulatory issues
Financial impact minimal over the medium term
* The USFDA conducted an inspection at Cipla’s (CIPLA) Goa fo..
Outperformance calls for multiple convergence
Marginal beat on operational performance
* Infosys (INFO) reported constant currency (CC) revenue growth of 11...
Opportunity to capitalize on corporate tax cut in weak environment
* In our view, the Indian government’s recent announcement to cut the corporate tax rate..
Stressed asset dissolution progressing well; growth moderates
* IIB reported PAT of INR14b (+52% YoY; our estimate: INR13.2b) for 2QFY20, despite higher provisi..
JLR’s Sep’19 wholesales flat YoY at 53K
China retails grow in double digit for third consecutive month
* JLR’s wholesale volumes were flat Y..
Operational blip, outlook muted
* Weak performance in a seasonally strong quarter:
TCS disappointed on revenue (+8.4% YoY CC in 2QFY20 v/s 10.6% in 1QFY20) an..
Tackling the real estate problem
INR200b special window for stuck real estate projects
* Post the announcements made last month to increase lending to the NBFC sect..
Growth tone down on MoM basis
* Indian pharmaceutical market’s (IPM) secondary sales growth slowed slightly on a sequentially basis to 9.4% YoY in Aug&rsqu..
Isagro Asia a good buy
Synergies in CSM and domestic formulations
PI Industries (PI) has acquired Isagro Asia for INR3.5b at a valuation of ~15x P/E FY19. PI shoul..
Below is the Views On Daily market commentary By Mr. Siddharth Khemka, Head - Retail Research, Motilal Oswal Financial Services Private Ltd.
“Market resumed its ..
Emami scouting buyers for its cement assets
Valuations could be a stumbling block
* According to media reports (The Economic Times), Dalmia Bharat (DBL) has submit..
Financial Services’ domination increases
* The liquidity crisis, lag impact of demonetization, RERA implementation and stress in the Real E..
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
BSNL to offer more data, validity under select prepaid plans
Infosys signs agreement with U.S. IRS; sees lower tax rate
Monetization of NHAI`s fourth TOT bundle faces legacy issues
Wall Street Weekahead: Tech haves and have-nots face third-quarter tests
India markets closed on Monday for holiday
Gold holds steady above $1,490 on Brexit uncertainties
© Copyright 2017 - investmentguruindia | All Rights Reserved. | Crafted By - Digi Interface