Thursday, 15 October 2015

EARNINGS: Bloomberg Est.



 * LIC Housing Finance 2Q 4.11b (21)
 * MindTree 2Q 1.53b (15)
 * Sintex Industries 2Q 1.17b (4)
 * Cyient 2Q 880m (10)
 * D.B. Corp 2Q 679m (7)
 * Karur Vysya Bank 2Q 1.32b (7)
 * Lakshmi Vilas Bank 2Q 437m (3)
 * V-Guard Industries 2Q 226m (7)
 * CCL Products 2Q 330m (4)
 * Mastek
http://www.cnbc.com/2015/10/14/reuters-america-stronger-sugar-shines-in-commodities-as-speculators-stay-positive.html
Virtusa a NASDAQ listed company is in final stage of talk with Polaris for aquisition for $350mn 20% premium to current market Cap of Polaris. ....ET  +ve  for intellect  design
just In: Torrent Pharma, Alembic Pharma Receive US FDA Nod For Memantine Hydrochloride.              

 JUST NOW  : Dr Reddy's gets USFDA tentative nod for Lamotrigine. Exclusive: Temasek exits Bharti Infratel
(Singapore government's investment unit Temasek has exited its nearly eight year old investment in Bharti Airtel’s telecommunication tower arm Bharti Infratel Ltd by selling its remaining holding in the company )
* Recently, KKR also exited the tower arm of Bharti Airtel.
http://www.vccircle.com/news/telecom/2015/10/14/exclusive-temasek-exits-bharti-infratel
  DIC India Q3
Net Profit At `7.4 Cr Vs `2.1 Cr (YoY)
Total Income Up 4.2% At `192.4 Cr Vs `184.6 Cr (YoY)
ET NOW: Brokerage Radar:
CLSA ON HUL : Maintains Sell; cuts target to ₹740 from ₹810
CLSA ON HUL : Cutting EPS estimates by 6% over FY16-18
CLSA ON HUL : Impact of input price deflation led to a miss in revenues, margins

GOLDMAN SACHS ON HUL : Maintains Sell; target cut to  ₹716 from ₹740
GOLDMAN SACHS ON HUL : Correlation between volume and pricing  has dropped sharply
GOLDMAN SACHS ON HUL : Lowest revenue growth in 10 years driven by pricing deflation

CREDIT SUISSE ON HUL : Maintains Outperform; target cut to ₹920 from ₹990
CREDIT SUISSE ON HUL : Earnings miss on higher ad spending,  Volume growth key positive
CREDIT SUISSE ON HUL : Lowers EPS estimates by 4-6%
CREDIT SUISSE ON HUL : Cut estimates as co will invest most of  its gross margin gains in ad spend

BofA ML ON HUL : Maintain Neutral; target cut to  ₹891 from ₹950
BofA ML ON HUL : Operating numbers miss expectations; see limited upside to share price
BofA ML ON HUL : Q2 saw healthy volume growth but higher A&P and taxes hurt

CLSA ON ZEE ENT : Maintains Buy, raises target to ₹488 from ₹484
CLSA ON ZEE ENT : Ad growth acceleration to 35% which is a 4-year high
CLSA ON ZEE ENT : Domestic subscription revenues to accelerate as Phase 3 nears
CLSA ON ZEE ENT : Believe stock can double over the next 3 years
CLSA ON ZEE ENT : Domestic subscription revenues to accelerate as Phase III nears

BofA ML ON ZEE ENT : Maintains Buy, raises target to ₹460 from ₹450
BofA ML ON ZEE ENT : Strong core numbers due to 35% ad growth
BofA ML ON ZEE ENT : Key positives: Ad growth; Margin uptake; lower losses

CLSA ON TTK PRESTIGE : Maintains Buy; target raised to ₹5,140 from ₹4,550
CLSA ON TTK PRESTIGE : Sales growth accelerates; margins increase and profits beat
CLSA ON TTK PRESTIGE : Management expects double-digit sales growth in H2FY16

CS ON TTK PRESTIGE : Maintains Neutral; target raised to ₹3,850 from ₹3,510
CS ON TTK PRESTIGE : Margin expansion after a long time, should accelerate in 2H
CS ON TTK PRESTIGE : Return of double-digit sales growth driven by non-south, new launches
CS ON TTK PRESTIGE : Managing e-commerce much better now, channel conflict is largely behind

MS ON ZEE : Maintains Equal Weight, raises target to ₹370 from ₹332
MS ON ZEE : Raising earnings estimates by 2% on lower sport losses, ad revenues

MS ON FMCG : Downgrades Godrej Consumer, Asian Paints to Equalweight from Overweight
MS ON FMCG : Downgrades Nestle to Underweight from Equaleeight, tgt cut to ₹5720 from ₹6485
MS ON FMCG : Raises Dabur target to ₹320 from ₹290, Marico to ₹440 from ₹425
MS ON FMCG : Cuts HUL target to ₹880 from ₹905, Asian Paints to ₹875 from ₹905
MS ON FMCG : Cuts Tata Global target to ₹118 from ₹146, Colgate to ₹840 from ₹850

UBS ON THERMAX : Maintains Sell; target cut to ₹770 from ₹960
UBS ON THERMAX : Delayed industrial recovery should reset expectations
UBS ON THERMAX : Utility equipment JV to take time to turn around
UBS ON THERMAX : Order inflow trajectory suggests order book depletion will continue

NOMURA ON COLGATE : Maintains Reduce; target cut to ₹811 from ₹763
NOMURA ON COLGATE : Does not deserve to trade at a premium over HUL
NOMURA ON COLGATE : Cuts FY16/FY17 earnings by 4.9%/9.3% on low volume expectation
NOMURA ON COLGATE : Remains a single category player with industry slowing.

No comments:

Post a Comment