Nuvoco Vistas IPO Trading - Tepid Demand
Nuvoco Vistas (NV) raised around US$673m in its India IPO. It is promoted by the Nirma Group and has recently acquired Emami’s cement business.
208 Views
Dalmia Bharat: Healthy Operating Performance; New Capex To Provide Growth Thrust
We maintain our BUY rating on the stock, valuing the company at 13x FY23E EV/EBITDA, to arrive at a target price of Rs 2,370/share, implying an...
178 Views
HSIE Results Daily: Maruti Suzuk, Nestle India, Dalmia Bharat, Teamlease Services
HSIE Results Daily Maruti Suzuki: Marutis Q1FY22 PAT, at INR 4.4bn (-62% QoQ), was adversely impacted by the second wave of COVID. We believe that...
97 Views
China Technology Sector Improving -- Add Exposure
Market dynamics remain largely positive which continues to support our constructive outlook, and we view recent weakness as a buying opportunity....
226 Views
Japan Breaking Out; EM Remains Leadership
Major global indexes continue to trend higher and are devoid of bearish inflections. As a result, we remain bullish and we continue to recommend...
284 Views