Ridham Desai of Morgan Stanley said the earnings season has seen more positive than negative surprises. Ex-Energy, revenue and earnings growth is 17% and 15% year on year, beating expectations by a considerable margin.
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Abhjit Chakraborty, Sr VP- Institutional Equity, Fortune Financial expected that with the GAAR issue kind of postponed, market should have rebounded but the fact that even after that incident the market has seen a sharp fall doesn't auger well.
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Despite posting good numbers in Q4, SP Tulsian of sptulsian.com ranked the performance of Jubilant Foodworks as flat on a sequential basis. In his analysis on the day's stock-movements on CNBC-TV18, Tulsian said, âI will be taking this as an expensive valuation and won't be convinced to enter the stock.â
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In the first article of the series, we compared the revenue distribution of Infosys and Wipro. In this article, we are going to compare Infosys and Wipro on the basis of their present business strategies, management quality and some of the financ
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The Nifty stayed lower for the second consecutive session on Wednesday amid Greece concerns and depreciating rupee. It declined 25.15 points to end at 4,974 yesterday.
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Global as well as domestic factors are weighing on the Indian market. Raamdeo Agrawal, director and co founder of Motilal Oswal Financial Services sees weakness in the market.
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In an interview to CNBC-TV18, Rahul Mohindar of viratechindia.com says the bears have a firm grip right now and expects the market to free fall to about 4,850, even 4,700.
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Hemant Thukral, national head-derivative desk, Aditya Birla Money told CNBC-TV18 the market looks oversold now and is looking for a rebound. âI will be playing for a rebound till Nifty holds 4,950 levels.
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Jitendra Sriram, HSBC Securities said they had a Sensex target of 19,300 by year end, indicating an upside of 14%.
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S Naren, CIO Equity, ICICI Prudential says that we are still waiting for a resolution on oil subsidies which has not happened and that I think has affected sentiment.
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Vaibhav Agrawal, banking analyst, Angel Broking in an interview to CNBC-TV18 reviewed Q4 earnings of Punjab National Bank and Union Bank.
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SP Tulsian of sptulsian.com, in his analysis of the dayâs stock-movements on CNBC-TV18, is particularly worried about infra stocks announcing expansion plans with books loaded with debt
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Domestic companies, which are looking at overseas expansion especially in developed markets, prefer the merger and acquisition (MA) route, says a survey by the Indian School of Business (ISB).
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SMC Global has come out with its report on Plastene India's IPO issue. According the the research firm, investors with high risk appetite can consider this issue.
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Logistic services provider Fast Train Cargo has filed draft red herring prospectus with SEBI for its public issue of 52.83 lakh equity shares of face value of Rs 10 each. It plans to dilute 48.99% stake via this offer.
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