Daily Alerts |
Change in Reco |
Axis Bank: Retail outshines corporate segment |
| Retail drives profit growth in FY2016; earnings decline in wholesale banking | | Retail disbursements slow; over 50% of sourcing from branches, primarily from internal clients | | Impairment ratios broadly unchanged in critical sectors | | Downgrade a notch to ADD from BUY post strong price action in recent months |
|
Company alerts |
IDEA: Of legacy, momentum and belief |
| The past, present and future - legacy, momentum and belief |
|
Tata Communications: Neotel sale 2.0 |
| The event - TCOM announces sale of Neotel | | The impact - we increase our target price to Rs525/share, retain ADD |
|
KEC International: Upbeat on business prospects |
| Benefitting from process-restructuring exercise; rethinking growth strategy for cables business | | Domestic to become more prominent in backlog driven by SEBs, Indian Railways and solar | | Limited business risks beyond business concentration in KSA; investing in 'unleashing talent' | | Marginally revise estimates on better prospects for SAE Towers; retain ADD |
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