Kotak Securities has come out with its report on IT sector. According to the research firm, the industry is expected to witness strong growth with spatial surprises.
Posts tagged MC
IT- Technology to witness strong growth: Kotak Securities (06-11-2015)
Buy PVR; target of Rs 977: Edelweiss (06-11-2015)
Edelweiss is bullish on PVR and has recommended buy rating on the stock with a target of Rs 977 in its November 04, 2015 research report.
‘Order book at 14 bn euros+; maintain 40% RoCE 2020 target’ (06-11-2015)
Motherson Sumi is on track to achieve its 2020 target of achieving 40 percent return on capital employed (RoCE), Chairman Vivek Chaand Sehgal told CNBC-TV18 in an interview, after the company declared a robust set of quarterly numbers.
See mid-teen RoE from rural banking in 3-4 yrs: IDFC’s Lall (06-11-2015)
Rural banking is less costly to build out, will be cash break even much sooner and will actually generate a return on equity (RoE) that we expect will be in the mid-teens within the next three to four years, says Rajiv Lall, MD CEO, IDFC Bank
Air India to post operating profit this fiscal, says govt (06-11-2015)
The loss-making national carrier, surviving on a Rs 30,000 crore bailout package, is implementing a turnaround plan. “Air India is going to report operating profit in this financial year (ending March 31, 2016) and is expected to be Rs 6 crore,” Civil Aviation Secretary R N Choubey said.
MF assets hit record high of Rs 13.24 lakh cr in Oct (06-11-2015)
The country’s 44 fund houses together had an average assets under management (AUM) of over Rs 11.87 lakh crore in September, the latest data of the Association of Mutual Funds in India (AMFI) showed.
Govt permits CIL to explore natural gas in coal seams (06-11-2015)
The Ministry of Petroleum and Natural Gas in a November 3 order said Coal India and its subsidiaries will be allowed to explore coal-bed methane (CBM) gas in mining leases they possess.
Nifty hovers around 7950; Tata Steel tanks 3%, MM falls (06-11-2015)
SBI, Infosys, Reliance, Bajaj Auto and LT are top gainers while Dr Reddy’s Labs, Tata Steel, Vedanta, GAIL and MM are among losers in the Sensex.
USFDA warning: Have 15 days to respond, says DRL CFO (06-11-2015)
Saumen Chakraborty, CFO, Dr Reddy’s Laboratories, says “The warning letter has come telling the management to respond within 15 working days in terms of strategy and plan.”
Jain Irrigation plans to raise Rs 792cr via equity issuance (06-11-2015)
The company’s subsidiary Jain Farm Fresh Foods’ (JFFFL) board has decided to raise Rs 396 crore from Mandala Capital — a firm focused exclusively on long-term investments in the food industries — subject to regulatory requirements