Edelweiss Securities

IDFC, L&T Finance, 3 others hit 52-week highs; charts show up to 23% upside

Stock reaching fresh 52-week highs may further see up to 23 per cent upside

SBI Q1 preview: Treasury loss, subdued loan growth may cloud profitability

SBI Q1: Projections on the quantum of decline in net profit vary widely across brokerages as they see a sequential slide anywhere between 7 per cent and 51 per cent

Auto is an extremely attractive contrarian bet: Shiv Sehgal, Edelweiss

Despite the correction, our valuations relative to other emerging markets (EMs) haven't yet come off. Thus, FIIs are a bit cautious

'Markets are in the midst of figuring out the impact of the 2nd Covid wave'

While the market has weakened from its high, it is up significantly over the year, and is trading at multiples that are well above its mean, says Aditya Narain of Edelweiss

Analysts remain bullish on mid, small-caps despite stellar show

Key factor that has aided the sharp rally, especially in the mid-cap segment is the ample liquidity with global central banks remaining in an 'accommodative' mode

Analysts positive on retail sector post Reliance Retail-Silver Lake deal

With RIL's retail arm, Reliance Retail, sealing its first stake sale deal with Silver Lake, analysts see the sector consolidating yet growing going forward

Indian IT companies to see a re-rating similar to FAANG stocks: Edelweiss

Thus far in CY20, the Nifty IT index has risen 15.5 per cent as compared to over 5 per cent decline in the benchmark Nifty50 index.

Don't see much upside in mid, smallcaps from here: Vinay Khattar, Edelweiss

Khattar remains bullish on IT, pharma, and select segments of consumption and bearish on the entire banking and NBFC space

Here's why CLSA and Edelweiss have downgraded Reliance Industries' stock

Edelweiss Securities notes that the stock's primary triggers - deleveraging, asset monetisation and digital momentum - have already played out.

ICICI Bank Q1 PAT may jump 60% YoY on stake sale in insurance arms: Experts

A more optimistic estimate by analysts at Nirmal Bang Institutional Equities pegs the profit at Rs 4,016.4 crore, up a whopping 110.5 per cent YoY and 228.8 per cent QoQ

Private banks stare at washed-out Q1; moratorium, Covid-19 provisions eyed

Extension of moratorium, ICICI Securities points out, till August would push recognition of pain points, thereby leading to benign slippages and stable headline non-performing asset (NPA) numbers

Short sellers caught off-guard as market swings within hours of opening

After the markets opened 5% gap-down, the Nifty hit the lower circuit of 10% within five minutes. This led to the halting of trade for 45 minutes

Slowdown forces Emami to delay new launches, male-grooming range hit badly

the underperformance of winter portfolio, decline in male grooming range lead to flat Q3 revenue growth

Rescuing India's PSU behemoths coming at the cost of fiscal restraint

Modi has received more than $28 billion from state firms since he came to power in 2014, by extracting dividends or getting PSUs to buy out the government's stake

Marico fails to maintain volume growth in Q2 on poor offtake; stock down 6%

Stock tanks on flat top line in the September quarter, even as benign copra prices save the day, leading to a 16 per cent rise in pre-tax profit

QIPs to lead fundraising activities: Edelweiss Securities' Gopal Agrawal

Four to five IPO launches are planned in the ongoing quarter. Performances of these IPOs after listing shall be a good indicator of the IPO appetite in the market

Pledged holdings fall to Rs 2.12 trillion in Q2: Edelweiss Securities

Analysts at Edelweiss say the high share pledging is not only the risk for promoters but also to non-banking finance companies (NBFCs) that lend money with shares as collateral

CY18 will be much more volatile but investors should stay put, says Khemani

It is important to look at the backdrop CY18 (calendar year 2018) has started with, says Khemani

Current valuation should not deter one from investment: Vikas Khemani

An interview of the President & Chief Executive Officer, Edelweiss Securities

Best strategy is to stay invested in domestic growth stories: Vikas Khemani

As the markets consolidate after a sharp run up thus far in calendar year 2017 (CY17), VIKAS KHEMANI, president and chief executive officer at Edelweiss Securities tells Puneet Wadhwa that banking and financial services and insurance (BFSI), industrials, downstream oil & gas plays and information technology (IT) are still reasonably priced and could spearhead the next phase of market rally. Edited excerpts:Do snap polls in the United Kingdom (UK) add an element of uncertainty for the global financial markets? Yes. The UK election adds further uncertainty to the Brexit process. Outcome of these election across UK, France and Germany this year is likely to shape the future of European policy. I anticipate votes incrementally in favour of local protection and de-globalisation, and one has to be prepared to tackle the after effects. The best strategy is to remain invested in domestic growth stories, as the Indian outlook is robust and largely impervious to overall global trends.Back ..