EM Health Care: Late Cycle Rotation
Emerging Market Health Care allocations sit towards the lower end of their 7-year range. Current levels are off their 2015 highs by a margin, with...
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Eris Lifesciences - 2QFY19 – Acquisitions Drive Top Line Much Higher, Bottom Line to Follow by FY20E
Eris Lifesciences (ERIS IN) reported lower than expected performance in 2QFY19. Revenues were 5% lower than our estimates at Rs 2,642 mn. The...
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Glenmark Pharmaceuticals: Attempt Out of Generic
We initiate our coverage on Glenmark Pharmaceuticals (GNP IN) (“Glenmark”)’s GNPIN 4.5% 8/21s (BB-/BB by S&P and Fitch, respectively) with a...
431 Views
Reliance Infra Sells Mumbai Electricity Business at a Good Price, But Upside Already in Price Now
Reliance Infrastructure Ltd (RELI IN) finds a buyer for its Mumbai businessReliance Infrastructure Ltd (RELI IN) yesterday announced signing of...
212 Views
Multiple Buyers for Reliance Infra's Mumbai Electricity Business - Attractiveness of Low Risk Assets
Reliance Infrastructure is selling its Mumbai Electricity Business to Greenko?As per news reports, Greenko (in a consortium with GIC of Singapore...
199 Views