Says India's 'superior' earnings growth appears to be priced in, sees 'modest' contraction in P/E multiples going ahead; stay overweight on banks, insurers, and investment cyclicals
Brokering industry players said the disruption caused by the malware attack could have been more adverse if not for the weekend
Higher volumes and softer raw materials to drive expansion
Analysts believe ITC would continue to grow in its core business of Cigarettes and FMCG with stable taxation & softening of raw material prices.
Volatility in commodity prices and rise in competitive intensity are expected to weigh on margins
However, industry experts feel that with tighter rules, brokerages will need to have higher working capital and will involve operational risk of transferring large amounts
We have launched an aggressive discount broking plan, Religare One Pro Plan, to counter the discount broker model and attract Gen Z and millennial clients, says Nitin Aggarwal
Margin pressures may continue on competitive pressures, input cost inflation
The DreamFolks Services IPO saw strong demand from retail investors, with subscribtion of up to 8x the alloted quota. The HNI segment was also oversubscribed at the end of Day 1 of the offer period.
In their brokerage notes, they highlighted Paytm's strong growth in revenue and contribution margins during the quarter in addition to sharp improvement in net payment margins
While Street is bullish on retail, Jio prospects, near-term O2C outlook led to cuts
The Centre's reversal on windfall taxes within 18 days of announcing the moves led a Japanese brokerage to flag its impact on fiscal math.
Shares of the largest listed brokerage have nearly halved this year
Shares of leading listed brokerages have declined between 26% and 46% from 2022 highs
Zerodha has used its technological prowess and a deep discounting model to disrupt the Indian brokerage industry in ways few had imagined
Brokerages expect a recovery in H2, aided by easing commodity/supply concerns
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Here are 10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months
Both residential and leasing trends point to strong showing in FY23