Clsa Report

Young Indians are shifting away from splurging on traditional retail and fast-moving consumer goods (FMCG), as per brokerage firm CLSA's latest report.

Consolidation in India mobile is set to accelerate and this bodes well for top operators, presenting them with an opportunity to outpace the sector growth, CLSA said.

Reliance Communications' (RCom) impending deal for tower asset sale would lower its consolidated debt by 60 per cent, brokerage CLSA said in a report on Monday.

India's largest car maker had reported a net profit of Rs 802 crore for the three months ending December 31, 2014, lower than Street estimates of Rs 900 crore.

The core sector index, which measures output of eight infrastructure industries, rose 2.7 per cent in the month of July, 2014. Although the growth was significantly lower than the growth reported in the month of June, but individual sectors like coal, cement and electricity reported strong growth in the month of July.

Bajaj, India's second-largest motorcycle maker by sales, reported on Wednesday a second-quarter profit that beat analyst estimates as a weaker rupee gave export earnings a boost.

Global brokerage CLSA continues to be positive on Sun Pharma after India's No. 3 drugmaker by sales reported a 23.4 per cent rise in net profit during the fourth-quarter ended March to Rs 1,012 crore.

The brokerage cited improved volumes outlook for FY14 for the rating action. The company may hike coal prices given the possibility of a stake sale, CLSA said. Reports earlier claimed that the government is likely to sell up to a 10 per cent stake in CIL the world's coal producer.

Morgan Stanley and CLSA downgraded their ratings on Cipla a day after the Indian drugmaker reported a slower-than-expected rise in its October-December net profit.

Shares in Apollo Hospitals Enterprise fell as much as 11.4 per cent in opening trade a day after a source said brokerage CLSA is selling its stake for $135 million.

IT major Infosys will usher in second quarter earnings season ending September 30, 2012, when it reports numbers on Friday. Indian equities have run-up sharply ahead of corporate results, mainly on account of increased liquidity. Most analysts have muted expectations from earnings because of a sharp slowdown in India's growth though individual c...

India has been ranked in the seventh place in terms of corporate governance score in Asia Pacific region, says a report by global brokerage firm CLSA.

The Wadia Group firm has reportedly launched 2.5 million square feet of projects in prime location space in Central Mumbai.

Young Indians are shifting away from splurging on traditional retail and fast-moving consumer goods (FMCG), as per brokerage firm CLSA's latest report.

Consolidation in India mobile is set to accelerate and this bodes well for top operators, presenting them with an opportunity to outpace the sector growth, CLSA said.

Reliance Communications' (RCom) impending deal for tower asset sale would lower its consolidated debt by 60 per cent, brokerage CLSA said in a report on Monday.

India's largest car maker had reported a net profit of Rs 802 crore for the three months ending December 31, 2014, lower than Street estimates of Rs 900 crore.

The core sector index, which measures output of eight infrastructure industries, rose 2.7 per cent in the month of July, 2014. Although the growth was significantly lower than the growth reported in the month of June, but individual sectors like coal, cement and electricity reported strong growth in the month of July.

Bajaj, India's second-largest motorcycle maker by sales, reported on Wednesday a second-quarter profit that beat analyst estimates as a weaker rupee gave export earnings a boost.

Global brokerage CLSA continues to be positive on Sun Pharma after India's No. 3 drugmaker by sales reported a 23.4 per cent rise in net profit during the fourth-quarter ended March to Rs 1,012 crore.

The brokerage cited improved volumes outlook for FY14 for the rating action. The company may hike coal prices given the possibility of a stake sale, CLSA said. Reports earlier claimed that the government is likely to sell up to a 10 per cent stake in CIL the world's coal producer.

Morgan Stanley and CLSA downgraded their ratings on Cipla a day after the Indian drugmaker reported a slower-than-expected rise in its October-December net profit.

Shares in Apollo Hospitals Enterprise fell as much as 11.4 per cent in opening trade a day after a source said brokerage CLSA is selling its stake for $135 million.

IT major Infosys will usher in second quarter earnings season ending September 30, 2012, when it reports numbers on Friday. Indian equities have run-up sharply ahead of corporate results, mainly on account of increased liquidity. Most analysts have muted expectations from earnings because of a sharp slowdown in India's growth though individual c...

India has been ranked in the seventh place in terms of corporate governance score in Asia Pacific region, says a report by global brokerage firm CLSA.

The Wadia Group firm has reportedly launched 2.5 million square feet of projects in prime location space in Central Mumbai.