UBS has expressed concerns about rising non-performing loans (NPLs) and a decline in portfolio quality across several Indian banks and NBFCs. Here’s a detailed summary […]
Category: Brokerage Reports
Nomura Maintains Positive Outlook on India’s Stock Market Amid Slower Growth, Focuses on Domestic Growth Stocks
Nomura Research analysts have pointed out that India’s stock market faces near-term risks due to slower economic growth and weaker earnings. However, they still hold […]
Brokerage Reports: Jefferies on Newgen, HSBC on Swiggy, JPM on Indus Towers, Macquarie on Healthcare, CLSA & Morgan Stanley India Strategy
Nuvama on Zen Technologies Recommendation: Buy | Target Price (TP): ₹2,200 – Zen Technologies (ZTL) sees strategic positives despite a muted H1 in terms of […]
BofA Predicts Modest Gains for Nifty 50 in 2025 Amid Valuation Concerns and Global Risks
Mixed Signals for Indian Markets in 2025 Bank of America (BofA) expects the Nifty 50 to reach 26,500 in 2025, reflecting a limited upside of […]
Bernstein: Adani Group Reduces Operational Risks with Improved Leverage, Debt Management, and Valuations
Adani Group: Strengthened Operations and Reduced Risks The Adani Group, a prominent conglomerate spanning sectors like ports, energy, and infrastructure, has made significant strides in […]
Macquarie on ITC (TP Rs. 560), Jefferies on Medanta (TP Rs. 1170), Citi on M&M (TP Rs. 3520), BOFA on JSW Steel (TP Rs 1090), MS on Gujarat Gas (TP Rs 614) and More 👇
Macquarie on ITC Recommendation: Outperform (O-P) Target Price (TP): ₹560 Key Insights: Media reports suggest a potential introduction of a 35% special tax rate for […]
Super Micro Computer’s Special Committee Clears Management, Finds No Evidence of Fraud or Misconduct
Super Micro Computer, Inc. Update: Special Committee Review Findings 1. Background: Super Micro Computer formed an independent Special Committee to review concerns raised by Ernst […]
India Inc. Poised for Improved Profit Margins and Credit Metrics in H2 FY2025, Driven by Rural Demand and Government Spending
India Inc.’s operating profit margin (OPM) is expected to improve in the second half of the current financial year, driven by stronger rural demand, increased […]
Jefferies Report: India’s Central Government Set for 25% Surge in Capital Expenditure, Focused on Infrastructure and Long-Term Growth
According to a report by Jefferies, the Central government’s capital expenditure (capex) is expected to rise significantly by 25% in the second half of FY […]
Brokerages on India GDP: UBS 6.3%, Nomura 6%, MS 6.3%. RBI Cuts Likely Dec/Feb. Nuvama on Adani Ports, Nomura on Dixon Tech, MS on RBL, IndusInd Bank, Polycab, KEI, Titagarh Rail.
Brokerages on India’s Q2 GDP Growth Projections UBS Revised FY25 GDP growth projection to 6.3%. Believes achieving 6.5% growth will need strong monetary and fiscal […]
India’s 3Q GDP Slows to 5.4%, Below JP Morgan’s 6.4% Estimate; Growth Outlook Revised to 6.4%
India’s GDP growth for the July-September quarter slowed to 5.4% year-on-year, the lowest in seven quarters. This was below expectations, with J.P. Morgan predicting 6.4% […]
Brokerage Reports: CLSA on Bharti Airtel (TP Rs 1,860), HSBC on DLF, GPL, SOBHA (Buy); UBS on Paytm (TP Rs 1,000), GS on Amber Ent (Neutral, TP Rs 6,300); Citi on Colgate (Sell).
CLSA on Bharti Airtel Maintains an Outperform rating with a target price of ₹1,860. The company continues to add post-paid subscribers, driven by 5G adoption […]