Page 4 - Icici Securities

'Dec'21 Nifty target of 16,500; still a lot of opportunity in large-caps'

Piyush Garg, executive vice-president & CIO PMS, ICICI Securities shares his views on the road ahead for the markets and the investing strategies one should adopt

India Inc's profit-to-GDP at 4-year high of 2.6% in FY21 despite pandemic

ICICI Securities says impact of GDP weakness felt more by unorganised sector

HCL Tech tanks 3% post Q4 nos but brokerages remain bullish; here's why

Following the March quarter results, most brokerages slashed their earnings expectations from HCL Tech

ICICI Securities advances 8% on healthy March quarter results

The robust profit was on account of growth in revenue and improvement in margins.

Stocks to watch: Nestle India, Hero Moto, ICICI Securities, Cyient, Lupin

Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22

ICICI Securities fourth quarter after-tax profit up two-fold at Rs 329 cr

This comes on the back of growth in revenue and improvement in margins.

ECM activities: ICICI Securities takes pole position with Rs 9K-crore deals

The first quarter of 2021 was strong for ECM activity with 46 deals worth Rs 56,300 crore, an increase of nearly 50% over the same period of 2020

Demand revival, higher realisations and export growth to help Wabco India

One of the key reasons that Wabco India would rank higher compared to other auto component firms is the lower impact from new technology disruption

Rate-hike bets in India escalate ahead of possible global tightening

Five-year interest-rate swaps jumped 63 basis points in February, reflecting growing expectations of a tighter monetary policy

APL Apollo, Apollo Tricoat Tubes surge up to 10% on board nod to merger

Apollo Tricoat's minority shareholders will receive one equity share in APL Apollo for each equity share held in Apollo Tricoat

Tata Motors, Tata Motors DVR gain up to 8% amid heavy volumes

Tata Motors outlined ambition to reach double-digit commercial vehicle margins and high single-digit passenger vehicle margins in coming years

Nestle India shares decline 5% as December quarter results disappoint

Brokerage HDFC Securities in a results update said moderation in in-home consumption categories will impact key brands but revival in OOH will support growth

ICICI Securities third quarter net profit up 95% to Rs 267 crore

The firm saw growth in revenue and improvement in margins

Tata Consumer could become next FMCG scrip added to Nifty: ICICI Securities

Says the firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March

Hike in FPI limit, improving outlook positive signals for Bharti Airtel

Shares of the telecom operator hit a seven-month high of Rs 601.8 on BSE

Bharti Airtel surges 6% on DoT nod for 100% FDI in downstream investments

Post revision of its foreign investor limit, Airtel's weightage in MSCI should go up, resulting in significant inflows into the stock

Mrs Bector IPO subscribed 3.72 times on Day-1 on strong retail interest

The company on Monday allotted shares worth Rs 162 cr to anchor investors Goldman Sachs India, SBI MF, Bajaj Allianz Life Insurance, among others

ICICI Securities OFS subscribed 4.4 times on heavy institutional interest

Another 712,141 shares meant for retail investors will be auctioned on Thursday. Floor price set at Rs 440 a share

ICICI Bank to pare holding in ICICI Securities via OFS on Dec 9-10

OFS floor price fixed at Rs 440 a share. If fully subscribed, ICICI Bank will be able to raise at least Rs 313 crore

MF stock universe set for a rejig; ICICI Securities expects 4-5 switches

YES Bank could re-enter the large-cap universe at it is currently the 88th most valued company in the country