We continue to be cautious about medium-term challenges to India’s mutual fund industry, which will likely pressure CAMS’ revenues, driving (moderate) 14% EPS CAGR during FY2021-24E. Key pick among MF…
analyst
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In a prudent decision, GSKP impaired the asset to the tune of Rs6.4bn in its Dec’20 quarterly results and was exploring all options for the plant including sale. GlaxoSmithK Pharmaceuticals’s…
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Tesla Inc.’s quarterly sales zoomed past expectations, leading one analyst to call them a “drop the mic” number despite earlier Wall Street worries about chip and parts shortages that have…
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Intel (INTC) is on the comeback trail. The chip giant has lost its luster in recent years, as both Nvidia and AMD have ivered superior products and eaten away at…
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ViacomCBS Inc. s are on track to snap a five-day losing streak and an analyst sees reason for optimism ahead. It has been a volatile stretch for Viacom s VIAC,…
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Nomura had a ‘stellar financial year’ before it warned of potential $2 billion losses, analyst says
The warning by Japanese investment bank Nomura that it could incur billions of dollars in losses at a U.S. subsidiary was “pretty unfortunate,” an analyst said on Tuesday. Nomura on…
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Text size Two oil pumpjacks Johannes Eisele/AFP via Getty Images Oil prices have soared this year, and were back on the upswing Friday — their 10th gain in the past…
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Key medium-term industry monitorables economic activity and growth trends in infrastructure-led demand; used vehicle demand/pricing trends; and c) contours of scrappage policy. Ash Leyland’s (AL) operating performance in Q3FY21 was…
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Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with…
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Fox News contributor Andrew McCarthy said Thursday there is no doubt the presidency of Donald Trump was “inibly stained” by his conduct during his final weeks in office. “I can’t…
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Trading at 12x FY22F EV/EBITDA; raise TP to Rs 630; downgrade to Neutral We increase our FY22F 23F EPS by 12%/13% to factor in volume growth higher than we had…
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Longtime Wall Street analyst Richard Greenfield and principals at boutique research firm LightShed Partners have launched an early stage venture fund in the tech, media, telecom and consumer space. LightShed…
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Telangana’s Manasa Varanasi was crowned as Miss India 2020 on Wednesday night in Mumbai. Manasa will now represent India in the Miss World pageant later this year. Haryana’s Manika Sheand…
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What does it take to move a stock price from $0.29 to $15.81 — an increase of 5,350% — in just 18 days? Coronavirus, of course. Or precisely, a…
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Bloomberg How One Woman Turned a $40 Million Kuaishou Bet Into $12 Billion (Bloomberg) — In 2014, as their video app Kuaishou began to take off, Su Hua and his…
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The recent broad rally in the s of Canadian cannabis companies on excitement about the possibility of a lifting of the U.S. federal ban los ‘misplaced,’ given only Canopy Growth…
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Bloomberg EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months (Bloomberg) — There is nothing about the finances of Blink Charging Co. that would suggest it’s one…
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Jack Ma, founder of Alibaba Group, during the opening ceremony of the 3rd All-China Young Entrepreneurs Summit on Sept. 25, 2020 in Fuzhou, Fujian Province of China. Lyu Ming |…
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The effect clinical trial results can have on a pharma company’s stock are tremendous and can work both ways. Disappoint investors and a sharp descent for the s is likely.…
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SBI is a preferred recovery play in India and we maintain our Buy rating with a revised price target of Rs 480 (Rs 340 earlier) based on 1.2x Dec-22 adjusted…
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HDFC has 1.2% of loans held in provisions and these can insulate earnings (company utilised part of such provision in 3Q as well). HDFC’s 3QFY21 profit of Rs 29…
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TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk –…
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TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are…
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TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now,…
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TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now,…
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Novavax, Inc. (NASDAQ: NVAX) s were roaring higher Friday after the company reported top results from the late-stage trial of its coronavirus vaccine candidate in the U.K. The Novavax Analyst:…