HSIE Results Daily: Reliance Industries, Infosys, Axis Bank, LTIMindtree, Mastek
Reliance Industries: Our ADD rating on Reliance Industries (RIL) with a price target of INR 1,670/sh is premised on (1) recovery in the O2C...
511 Views
HSIE Results Daily: Kotak Mahindra Bank, Tech Mahindra, IndiaMART InterMESH, RBL Bank, Mastek
Kotak Mahindra Bank: Kotak Mahindra Bank’s (KMB) earnings were below our estimates, largely due to higher-than-expected credit costs (65 bps) and...
297 Views
IT Sector (Q2FY25E Results Preview): Recovery in progress
The IT sector growth is in the middle of its recovery, having bottomed out two quarters ago, and is expected to achieve a high single-digit over...
355 Views
IT Sector: Recovery Signs
Key takeaways included (1) continued (prosaic) commentary on cost optimisation focus but signs of improvement in demand (2) stable to upward bias...
490 Views
HSIE Results Daily: Bajaj Auto, LTIMindtree, L&T Technology Services, Karur Vysya Bank, Mastek
Bajaj Auto: Driven by a better mix, Bajaj Auto’s Q1 PAT at INR19.9bn was ahead of our estimate. There has been an uptick in prices of aluminum,...
440 Views