Systemic liquidity crisis would impact those parts of the wider NBFC sector where there is minimal recourse to passing on rise in cost of funds to the borrower, owing to competitive pressure.
HCL Tech surprised the street announcing an intent to acquire IBM IP products (7 Software Products) for a consideration of USD1775mn (Including earnout).
Sonata Software has acquired the Brisbane, Australia-based Microsoft Dynamics solutions provider, Scalable Data Systems Pty Ltd for an enterprise value (EV) of AUD5.5mn.
HCLT has moved beyond partnering with IBM to acquiring some of the latter’s product IPs, which it believes are a reflection of its focus on the strategic segments and efforts to expand services to a gamut of clients across industries and markets.
We attended Zensar Technologies’ (ZENT) analyst meet and remain positive about the future prospects of the company. We are confident that ZENT with its digital-led strategy and focus on high growth high potential verticals and geographies is set to embark its journey on a high growth path.
Viability of NMDC’s mining operations is threatened by Karnataka’s pre-condition to share of 80% revenue for renewing mining leases of Donimalai, which has capacity of 4mtpa.
Earning per share (EPS) of the company for the earnings for FY18E and FY19E is seen at Rs. 58.35 and Rs. 67.45 respectively. Operating Pofit of the company is expected to grow at a CAGR of 25% over 2017 to 202GB.
Earning per share (EPS) of the company for the earnings for FY19E and FY2OE is seen at Rs. 24.76 and Rs.28.18 respectively. Net Sales and PAT of the company are expected to grow at a CAGR of 13% and 16% over 2017 to 202GB respectively.
