NH Bhansali, CEO-Finance, Strategy & Business Development, Emami, says “margins have really improved compared to the previous year and this has helped us improve on the EBITDA and the PAT by double digit despite a very low single digit growth. We feel this margin would sustain because in the past periods, there had been a … Read more
Brokerage Nomura maintained a buy rating on Fortis Healthcare, ICICI Securities initiated a buy on Cello World, Morgan Stanley maintained a positive view on HPCL and Emkay has a positive view on Emami. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on Fortis Healthcare: Buy| Target … Read more
Brokerage firms CLSA and Jefferies maintained a buy rating on Bajaj Finance while Antique initiated coverage on IRCON International, and Emkay initiated a buy rating on Emami. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on Bajaj Finance: Buy| Target Rs 9500 CLSA maintained a buy … Read more
In addition to these scores, the report also contains trend analysis, peer analysis and mean analysts’ recommendations to help an investor make better & informed investment decisions. Synopsis A high return on equity is a result of two factors. First, the basic nature of the business, there are some businesses which require a constant dose … Read more
Indian market closed in the green for the second consecutive dayon Wednesday following positive global cues. The S&P BSE Sensex rose more than 100 points while Nifty50 closed above 17150 levels. Sectorally, buying was seen in healthcare, utilities, FMCG and auto stocks while selling was visible in consumer durables, metal, realty and telecom stocks. Stocks … Read more
Mumbai: Small-cap consumer stocks could give better returns than their larger peers if demand recovery in the fast-moving consumer goods (FMCGs) space is robust, said . , Barbeque-Nation Hospitality, Mrs Bectors Food, and V-Mart are among the brokerage‘s top picks among smaller consumer companies. IIFL’s price targets for these stocks imply a 22-28% upside from … Read more
The recent outperformance of shares of fast moving consumer goods companies indicates that investors have looked past the profitability challenges and are betting on India’s long-term consumption story. Not only has the Nifty50, but the Nifty FMCG index also scaled a lifetime high. On a YTD basis, the sectoral index has outperformed Nifty50, with more … Read more
Global brokerage JPMorgan maintained an overweight rating on , Credit Suisse initiated underperform rating on and Goldman Sachs maintained a buy on . We have collated a list of recommendations from top brokerage firms from ETNow and other sources: JPMorgan on HDFC Life: Overweight| Target Rs 680JPMorgan maintained an overweight rating on HDFC Life with … Read more
Indian market started on a strong note on Friday tracking positive global cues. The S&P BSE Sensex rallied over 500 points while the Nifty50 reclaimed 17,000 levels in the first 15-minutes of trade. Sectorally, the rally was seen in metals, realty, auto, capital goods, and power stocks while some selling was visible in the healthcare … Read more