Most brokerages have cut their earnings estimates to factor in chip shortage impact
With core business in Q2FY22 slightly higher than pre-covid levels, management narrative has shifted from recovery to growth via aggressive scale-up.
Nestle has significantly underperformed benchmark indices in recent times and Nestle’s valuations have become more favourable on a risk-adjusted.
L&T Infotech reported strong Q2 numbers with revenue ahead of expectations led by small & mid-sized deals.
HDFC Bank's improved growth momentum could aid rerating for the stock, Jefferies said in a note.
The company has further increased its revenue growth guidance to 16.5%-17.5% from 14%-16% given earlier.
Management commentaries across large & midcap players suggest some pricing power has come back to the IT-services industry, at least for niche skills.
Exide’s acquisition has minimal compliments to HDFC Life given its smaller size, it has been losing market share and immediate margins.
SAIL is targeting a capacity expansion of 10-15MTPA (million tonnes per annum) in the first phase over a time frame of three to five years
Most brokerages have a subscribe rating on the IPO given its attractive valuations. In the grey market, it is quoting a premium of Rs 425 or 51%