Publisher : nirmalbang.com


Accenture revised its revenue growth guidance for FY19 (Y/E August) to 8%-9% from 6.5%-8.5% in local currency (LC) terms given earlier, of which 200bps will come from inorganic growth (vs 150bps indicated earlier).
June 28, 2019, 12:25 p.m.
Publisher: nirmalbang.com

We expect subdued auto numbers for June 2019 owing to weak consumer sentiments across all segments. Consumer sentiment has suffered due to cost increase amid strict safety regulations, delay in monsoon, rural stress, slowing economy and liquidity constraints.
June 28, 2019, 12:25 p.m.
Publisher: nirmalbang.com

During the course of this month we had interactions with the managements of TCS, Infosys, HCL Tech and Tech Mahindra.
June 27, 2019, 12:26 p.m.
Publisher: nirmalbang.com

We expect fiscal prudence over excessive populism in Union Budget 2019, with the BJP government’s focus on bringing down the cost of capital.
June 26, 2019, 11:48 a.m.
Publisher: nirmalbang.com


Our recent interaction with real estate expert in Mumbai has led us to maintain our bearish view on the residential real estate environment.
June 26, 2019, 11:48 a.m.
Publisher: nirmalbang.com

UPL fell 5.22% last week and is down 8.26% from a month ago, although up 46.29% YoY.
June 25, 2019, 11:48 a.m.
Publisher: nirmalbang.com

April’19 ended with over 73% of lead indicators in positive territory, better than the 66.7% suggested by the early indicators, helped by industrial production data beating expectations.
June 24, 2019, 11:49 a.m.
Publisher: nirmalbang.com

Dixon Technologies (India) or Dixon reported 4QFY19 revenues of Rs8.6bn, up 44% YoY and 6% above our/consensus estimate each.
May 27, 2019, 1:59 p.m.
Publisher: nirmalbang.com

Whirlpool of India (WIL) posted 8% YoY growth in net revenues to Rs13.5bn in 4QFY19, 5% below our and consensus estimate.
May 27, 2019, 1:59 p.m.
Publisher: nirmalbang.com

NESCO reported revenues of Rs935mn, up 5.6% QoQ and 14% YoY.
May 27, 2019, 1:59 p.m.
Publisher: nirmalbang.com