VN Research & Consulting
 Like us on facebook  Follow us on twitter  Follow us on LinkedIn  IndiaNotes on Google Plus  IndiaNotes on Pinterest  IndiaNotes on Stumbleupon  Subscribe to our feeds

Stocks  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
You are here: IndiaNotes

Filter search : Quote Research All

Reports for search string : Challenges

Bandhan Bank IPO: The New MFI Leader
Microfinance sector carries out the critical role of financial services penetration into rural India. MFIís have been operationally under stress since 2017 due to demonetization and GST rollout.
Punit Jain, 14 Mar 2018
Bharat Dynamics IPO Note: Reduced likelihood of a strong listing; Avoid
Overdependence on DRDO, absence of any export contracts, reducing topline and bottomline, Balance Sheet stress owing to stretched working capital cycle, weak cashflows and return ratios are expected t...
LKP Securities, 09 Mar 2018
H.G. Infra IPO: An Exciting Road Ahead
HGI has an impressive last 5 years performance where it has emerged as a rising star. Good track record, robust financial performance, sectoral tailwinds and an experienced management team makes this ...
Punit Jain, 24 Feb 2018
Automobile Sales for January 2018
Vehicle sales rose in January from a year earlier, boosted by a low base in the year-ago period because of the impact of the government's decision to withdraw high-value banknotes in November 2016. A ...
SPA Securities, 05 Feb 2018
A strong element of populism was witnessed in the Union Budget 2018-19
As expected, a strong element of populism was witnessed in the budget which was broadly focused on agriculture, rural development, health, education, employment, MSME and infrastructure. This budget ...
CD Equisearch Pvt Ltd, 02 Feb 2018
Post Budget Analysis 2018-19: Markets to remain strong in the wake of earnings growth coming back
Overall the budget commentary was tilted in favour of the rural economy with an aim to increase income in the hands of the farmers and addressing iob creation Through measures in various employment g...
Way2wealth, 02 Feb 2018
Union Budget 2018-19: Yet again a budget strictly aligned to fiscal discipline
Being the last budget of this Government it was considered a given that it will be a populist budget but then itís different this time (only with respect to the budget). Yet again a budget strictly al...
SPA Securities, 02 Feb 2018
L&T Technology Services Q3FY18: Early Spring: Upgrade to LONG
L&T Technology Services (LTTS) reported a solid beat in 3QFY18. Revenues grew 8.3% qoq on top of 9.2% qoq growth in 2Q (~7.2% organic & Esencia contribution) and implies that FY18e growth discussions ...
Equirus Securities, 29 Jan 2018
Asian Paints Q3FY18: Volume growth tepid; maintain REDUCE on rich valuations
We believe earnings momentum for APNT is likely to pick up during FY19, even as near-term demand challenges remain. However, valuations at ~55x/ ~46x FY18/FY19 P/E are expensive and limit upside from ...
Equirus Securities, 27 Jan 2018
Wipro Q3FY18: But for valuations; Retain REDUCE
4Q growth guidance (1-3%) represents yoy growth of 4-6.1% and would be led by (1) traction in BFS, and (2) momentum in the digital business, which contributed 25% to overall revenue and grew 4% qoq.
Equirus Securities, 25 Jan 2018
NIIT Technologies Q3FY18: Decent in a seasonally soft quarter; retain ADD
US$ revenue grew 1.7% qoq/13.4% yoy despite the impact of a media customer. CC growth (1.7% qoq) was led by key verticals BFSI and travel, while manufacturing and media were affected by Morris. Overal...
Equirus Securities, 25 Jan 2018
IDFC Bank: Merger with Capital First provides abundant opportunities; Neutral
t the same time, with new management at the helm, the company would get another fresh start. We expect RoA/RoE to improve 20/200bp post the merger (without accounting for synergies).
Motilal Oswal, 16 Jan 2018
TCS Q3FY18: Portfolio challenges receding; ADD
TCS 3QFY18 earnings and commentary continues to be constructive as headwinds of the past three years are receding, in-turn leading to rising confidence across verticals.
Equirus Securities, 15 Jan 2018
IT Services Report: 2018 - A Year of Redemption
A common narrative echoing from our recent interactions with IT companies, especially mid-caps, seems to be that of margin improvement. ISG data indicates positive momentum, but growth commentary see...
Equirus Securities, 12 Jan 2018
GMR Infrastructure: Accumulate the stock with a long term view
Having gone through deep debt restructuring in the past two years, the consolidated debt now looks sustainable and the corporate debt is serviceable through divestment of non-core assets. At CMP of Rs...
Way2wealth, 05 Jan 2018
R-Sec Strategy January 2018
The year 2017 proved to be promising and ended with a bang for Indian equities, as the benchmark NIFTY recorded a healthy ~29% YoY gain surpassing the psychological 10,000 milestone. Further demonet...
Reliance Securities, 02 Jan 2018
Alkem Laboratories: Domestic Formulations Biz is the key growth driver; Buy
Looking ahead, we expect Alkemís domestic formulations business to witness ~13.5% CAGR through FY17-20E driven by increasing focus on chronic and over-the-counter (OTC) segments, improving market shar...
Reliance Securities, 28 Dec 2017
Persistent Systems: Pragmatic strategy could be margin accretive; Retain REDUCE
Though growth is tracking ahead, 14.8% EBITDAM in 1H, with anticipated wage hike impact in H2, has significantly raised the margin ask-rate. Higher than anticipated margin recovery is a key ups...
Equirus Securities, 08 Dec 2017
Ahluwalia Contracts Q2FY18: Robust Performance amid Challenges; Buy
Ahluwalia Contracts (ACIL) has reported a better-than-expected operational performance in 2QFY18, with its reported EBITDA growing by a stellar 24% YoY to Rs498mn, which is above the expectation mainl...
Reliance Securities, 22 Nov 2017
Wipro: Things are adding up; retain REDUCE
Growth across top customers continues to be robust and likely reflects the outcomes of the mining initiatives and improving win rates. Top customer revenues grew 25.3% yoy (1Q: 18.5%) while top 2-5 cu...
Equirus Securities, 20 Nov 2017
View All

Intraday Tips

What are technical calls?
* SEBI certified analyst

View Stock Advice by: