"US should decline led by a hit on the specialty portfolio and Taro sales (derma concentration). India sales should be relatively better than peers and decline only marginally due to a higher Chronic portfolio. Margins should be flat QoQ as Q4 base had employee provision in a subsidiary and Rs 140 crore forex loss," said Emkay Global. … [Read more...] about Sun Pharma Q1 likely to be muted due to high base effect, weak domestic business
Robo advisory motilal oswal
Interestingly, a large part of the rally in Reliance Industries (RIL) has been led by developments in Telecom i.e. Reliance Jio. After the series of investments from multiple entities in Jio Platforms over the last three weeks, the company is now moving toward becoming debt-free. In fact, Reliance Jio now constitutes 50 percent of RIL’s SOTP. … [Read more...] about Financials lose weight! 24 stocks have been part of Nifty for past 15 years
Moving forward, Nifty has multiple support at 11,050 levels and hold below 11,050 could confirm more decline towards 10,900 and 10,800-10,750 levels, while on the upside resistance exists at 11,150 then 11,250 levels. Till Bank Nifty holds below 22,000 levels, weakness could be seen towards 21,000 and even lower levels while on the upside immediate hurdles are shifting at 22,250-22,350 levels. … [Read more...] about Quantitative data set up: Fall in Bank Nifty implied volatility rules out any major dip
Motilal Oswal expects losses to gradually reduce in the coming quarters and turn profitable only from 4QFY21. It has lowered FY21E loss estimates by 8 percent and upgraded FY21E EPS estimates by 8 percent to factor in faster JLR volume recovery and cost-cutting initiatives. … [Read more...] about What should investors do with Tata Motors: buy, sell or hold after Q1 results?
"We upgrade our FY21/FY22E EPS by 12–14 percent and maintain a 'buy', as we expect HCL Tech to better navigate the current crisis and emerge stronger on the back of an expected increase in enterprise demand for digital services," said Motilal Oswal. … [Read more...] about HCL Tech share price at 52-week high on reports of Ericsson deal win