maintain

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. GlaxoSmithKline Pharmaceuticals’s …

Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with investors betting the producers will largely agree to extend their …

After various instances of fans displaying their impatience on social media and raising their demands at unconnected events, regarding the updates on upcoming Ajith film Valimai, the actor and producer …

A strong product cycle tailwind though forces our hand to raise target multiple to 33x (from 30x) and FY23E EPS by 7%. Eicher Motors (EIM) posted Q3FY21 results in line …

Shilpa Shetty: Everyone you meet is fightiang a battle you know nothing about(Pic Credit: Instagram/theshilpashetty) Bollywood actress Shilpa Shetty Kundra on Tuesday suggested that we should always be kind to …

After an important virtual discussion with New Delhi’s envoy, US Caucus has asked the Indian government to ensure that the norms of democracy are maintained and protesters should be allowed …

Walt Disney Co. has managed to adroitly navigate the pandemic despite being hamstrung by shuttered amusement parks and an indefinite pause in live-action productions. Propelled by its streaming service, the …

Premier Indian pacer Jasprit Bumrah said that the saliva ban has made the job of bowling difficult for bowlers all over the world. The ICC banned bowlers from putting saliva …

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 …

Chennai: The ban on saliva turned out to be a handicap for the bowlers since the sweat was not effective to shine the ball, India pace spearhead Jasprit Bumrah said …

Ind vs Eng 1st Test:The ban on saliva turned out to be a handicap for the bowlers since the sweat was not effective to shine the ball, India pace spearhead …

HDFC has 1.2% of loans held in buffer provisions and these can insulate earnings (company utilised part of such provision in 3Q as well). HDFC’s 3QFY21 profit of Rs 29 …

We upgrade FY21E EPS by ~5%, factoring in volume and margin upgrades, but we maintain FY22E/FY23E EPS estimates. Escorts (ESC)’s 3QFY21 performance was in-line, with strong profitability and over 80% …

News 28 Jan 2021 10:24 AM Mumbai MUMBAI: Bollywood actress Sonam Kapoor Ahuja gave a quirky twist to singer and global superstar Rihanna’s popular song Umbrella, and it is all …

Key risks are delay in economic recovery, a sharp increase in commodity costs like steel and cement and a rise in working capital. Improving share of low-payment risk orders and …

Kotak Bank continues to see improvement in deposit franchise with 22% growth in Casa deposits to an industry-leading level of 59% of deposits For 3QFY21, KOTAKB’S profit of Rs 18.5bn, …

As the political temperature rises in Assam ahead of Assembly polls, the State Congress unit has advised one of its allies, the AIDUF, not to make statements that come across …

Yes Bank’s stress pool aggravate fears around its asset quality YES BANK’S Q3FY21 earnings aggravate fears about its asset quality issues. The portfolio vulnerability becomes visible from, a spike in …

After Advanced Micro Devices Inc. capitalized on Intel Corp.’s missteps in 2020, billions of dollars depends on the company continuing on that path as its larger rival attempts to right …

BJAUT would benefit from, premiumisation trend, and good growth opportunity in exports. Bajaj Auto (BJAUT)’s operating performance was driven by favorable mix, lower marketing spends, and operating leverage. It has …

The asset quality is in good stead and pro-forma slippages are within guidance. Federal Bank (FB) has reported healthy financial performance in Q3FY21 led by – strong NII growth at …

The Construction business reported a revenue/Ebitda/adjusted PAT decline of 22%/22%/53% Y-o-Y. IRB’s consolidated financials are not comparable Y-o-Y due to the monetisation of nine assets through the InvIT route and …

Aggregate share pledges amount to ~12% of overall market capitalization of Adani group’s listed entities as of today. The $2 billion proceeds from the Total deal for the Adani group …

We take cognisance of impressive operational performance and FX gains and raise FY2021-24E EPS by 9-14%. Flex of levers drives an 11-year high margin but unsustainable. Mindtree reported good revenue …

PVR has concluded rent/CAM renegotiations for 88% of its screen portfolio. A step closer to recovery. PVR continued good management of costs and liquidity in 3Q and concluded rent/CAM renegotiations …

APHS expects hospital operations to largely normalise towards 4QFY21-end or early FY22 with improving patient mobility in India. By HSBC Global Research Hospital business continues to see a recovery with …