Tata Elxsi: Recovering but Valuation Remains Expensive. Maintain SELL
We increase earnings estimates (~3% for FY25E), factoring in a recovery in revenue growth, but valuation remains expensive
410 Views
HSIE Results Daily: Bajaj Finance, ICICI Prudential Life
Bajaj Finance: Bajaj Finance (BAF) delivered a strong set of numbers on the back of higher-than-expected growth in AUM (+33% YoY), customer...
488 Views
HSIE Results Daily: Bajaj Finance, ICICI Prudential Life, L&T Technology Services
Bajaj Finance (BAF) delivered a strong set of numbers on the back of higher-than-expected growth in AUM (+33% YoY), customer additions (+37% YoY)...
319 Views
IT Sector - Soft Q2, Status Quo Remains
Most of the demand indicators are trailing 10-15% below levels at the beginning of the year and only slightly better than the July lows
516 Views
HSIE Results Daily - LTIMindtree, Tata Elxsi, Karur Vysya Bank
LTIMindtree (LTIM) reported largely in-line performance in Q1FY24. With flat sequential revenue performance in Q1 the ask rate is substantial (>4%...
286 Views