Most pharma companies provided a broad roadmap on the transition to complex generic products while maintaining a calibrated R&D allocation strategy
Most brokerages are upbeat on Tata Steel after strong Q1FY22 performance and are of the opinion that the stock can touch Rs 1,750 in the near term
Higher slippages should be looked at in the context of no moratorium, negligible use of restructuring, already improving recoveries.
On a sequential basis, the company's net profit declined over 62% from Rs 759.2 crore in the March quarter.
A strong comeback on deposits led from retail taking CASA (Current account saving account deposits) to 42% from 40% and growing by an average of 20%.
Top developers aim to double their sales over the next three to four years, benefiting from strong demand, affordability and industry consolidation
HUl stock: CLSA has a buy rating on the stock with a price target of Rs 2,900 implying a 17% upside
Nazara carries a hefty scarcity premium of 3x to CLSA’s India coverage and ~10-75% even to global gaming peers
Brokerages are upbeat on SBI due to strong asset quality and record low slippages. The bank also holds unutilized Covid provisions of ~Rs 6,300 crore.
the portfolio has four stocks — Asian Paints, FMCG players Dabur and Hindustan Unilever and QSR major Jubilant FoodWorks