Page 7 - Institutional Equities News Today

HDFC Banks January-March quarter result, which came in-line with expectations, failed to enthuse investors. The reason? The managements decision to abstain from providing any specific growth guidance, and analysts expectations of an arduous road to recovery. Analysts believe the path to normalisation of several growth metrics is unlikely to be a straightforward one, and the road to balance sheet realignment may be long.

Shares of Honasa Consumer, Mamaearth parent, hit a record high of ₹510.75 apiece earlier this year on January 23 but then entered a path of correction. Following the volatile performance of the stock since listing, brokerages have remained undetermined regarding its outlook; Heres what they say.

Following Manian's exit, the Wholesale, Commercial and Private Bank will now report directly to Vaswani, while the Asset Reconstruction Division will report to Shanti Ekambaram, Deputy Managing Director.

Media Release Kotak Announces Departure of KVS Manian, Joint Managing Director from the Group Mumbai, April 30, 2024: Kotak Mahindra Bank ...

While the lower-than-expected valuations assigned to Apollo HealthCo came as a negative surprise, analysts remain hopeful of reduced cash burn and rapid expansion for the Apollo Hospitals arm.

Earnings growth of domestic cyclicals (largest contributor to earnings) is forecast to decelerate in FY25, says Nitin Bhasin.

Mukesh Ambanis Jio disrupted the market in 2016 with cheap 4G data services, sparking a price war that reshaped the sector into a near-duopoly dominated by Jio and Bharti. Average revenue per user plunged, burdening telecom operators with massive debts.

India Business News: India's telecommunications sector is poised for a resurgence, driven by anticipated tariff increases and the adoption of high-speed networks, which ar

ICICI Bank's shares saw a 3% surge in the trading session following the release of its Q4FY24 results. Here are key insights brokerages provided regarding this private lender's performance.

The rally in Indus Towers was driven up improved collections, net tower additions and the fund-raise by Vodafone Idea.