Associate Editor, @CNBC_Awaaz. Earlier with @BloombergQuint, @ETNOWLive. RA Podar & NMIMS Alumni. All views are personal. Retweets are not endorsement. ????????
HCL Tech - Good Results GUIDANCE RAISED FY'20 Revenues are expected to grow between 16.5% to 17.0% in Constant Currency CC guidance translates to 15.2% to 15.7% in US$ terms based on Dec19 rates FY’20 expected Operating Margin (EBIT) range is from 19.0% to 19.5%
Good week for mid and small cap names.
Shipping Companies in Focus - Overall Shipping rates are moving up - China to buy CRUDE OIL from US under the trade pact, which provides further support - US Has also sanctioned few South Asian Shipping cos which means limited supply in markets
Nifty Pullers and Draggers today RIL and Bharti Airtel top gainers as well as contributors on NIFTY 50 today
Nomura On AGR Judgment AGR Verdict Is Negative For Banks Voda Idea Has `22,500-25,000 Cr Of Funded Exposure Order Negative For Banks Exposed To Voda Idea, Especially SBI & Indusind ICICI Bank Too Has Considerable Exposure
BoFAML on Telecom We think market was expecting a favorable outcome & hence see risks to downside for VIL, Bharti Infratel Bharti Airtel and RIL (Reliance industries) could see a positive reaction as they benefit from market share gains if India moves to 2 player market.
ET: Sunil Munjal, Bain Capital may buy stake in Max Financial
INDIA TOP COURT REJECTS TELCOS' REVIEW PLEAS ON PAST DUES Negative Development for: Telecom Cos, Grasim, Bharti Infratel as per analysts.
Nothing great in Wockhardt Announcement ... stock down from days high
Relief for Goa Govt, GMR SC paves way for international airport at Mopa in Goa. SC lifts restrictions on construction activity asking state, concessionaire to comply with all original & additional conditions. NEERI to supervise compliance @News18Courtroom
MS India Strategy 🎯 2020 Themes - Domestic Cyclicals Outperform Defensives, Midcaps Lead The Large Caps - Value & Growth Stocks Beat Quality Stocks Focus List - Added Bharti Airtel, BEL, NTPC & UltraTech - Deleted Bajaj Auto, Jubilant Food, United Spirits & Ashok Leyland
Govt may consider selling entire 54.03% stake in BEML: Sources to @RoyLakshman @CNBC_Awaaz Evaluation committee discussed many options for BEML stake sale Transaction Advisor suggests to sell entire stake for better valuations Govt may also consider two stage stake sale option
Bharti Airtel, RIL and Vodafone Idea in Focus.
REUTERS: Govt Offcial Says - GOVT Plans to Decontrol UREA Prices. Announcement likely in Budget Stocks to Watch: Deepak Fert, NFL, RCF
MSCI Expected changes: Re-balancing on 28th Feb Zee Ent Weight to go down by 0.2%, Selling of Rs 800 cr or 3.1 cr shares Ultratech Cement Buy flows of Rs 470 cr as weight up by 0.17% Shriram Transport Sell flows of Rs 710 crores or 60 lk shares as weight cut exp by 0.25%
Citi On IndusInd Bank Buy Call, Target Raised To `1,900 From `1,800/Sh Core Operating Performance Remains Healthy Core Ops To Remain Strong Which Can Support Higher Provisions Change FY20/21 PAT Estimates By -2%/+3% As We Adjust NIM & Credit Costs
Kotak Instl Eq On Mindtree Maintain Reduce, Tgt Raised To `830 From `725/Sh Target hike Captures 6-14% Increase In FY20-22EPS Company Has Built Up Close To $887 m Of Cash Flow Hedges At Avg `75.44/$ Cash Flow Hedges Drive EPS Revision & 80-90 bps Increase In Margin Assumption
Tata Global trades at Record highs, Tata Coffee also close to its 52 week high levels.
Future Retail in Focus - Amazon Has Option and nod to hike stake in Holdco to 49% Amazon founder and CEO Jeff Bezos will visit India on January 15 and meet PM. Bezos may ask PM Modi to review/ease norms for Retail & Ecommerce.
Siemens says it will decide on Adani Coal Project Order in Australia by Monday as per this Reuters Report.