Page 40 - Devangshu Datta

Bandhan Bank disappoints Street in Q1; analysts 'positive' on the stock

Quite a few analysts are maintaining a 'buy' rating on the bank but they have downgraded earnings and RoA (return on assets) expectations and target prices

Street positive on long-term capex plans of Power Grid Corporation

The Q1FY24 saw adjusted net profit decline 5 per cent YoY and 17 per cent QoQ to Rs 3,600 crore

Growth, asset quality expectations may limit downside for SBI Card

Growth in spends was healthy with retail spending up 28 per cent YoY while corporate spends rose 10 per cent YoY in Q1FY24

Near term margin pressures likely to continue for Bajaj Finance stock

The company continues to invest in technology, digitising operations. But operating leverage kicking in has helped to improve its cost ratios over FY24

Turning the tide on brain drain

Addressing this issue could have a big payoff for the government

Street cheers L&T's strong Q1, share buyback move; stock jumps by 3.5%

Majority of analysts bullish on the stock, but average target price indicates positives are nearly priced in

Paytm's Q1 earnings may be a blip; analysts positive on the stock

Paytm reported a net loss of Rs 360 crore, but revenue grew 39 per cent year-on-year (YoY) to Rs 2,340 crore

Q1 miss, demand uncertainty may cap upside for Hindustan Unilever stock

Margin gains going ahead is a key positive

The grey zone of digital currency

Sundeep Khanna's book is an up-to-the-minute and competently written chronicle of how India interacts with virtual assets

Amid global worries, domestic demand some cushion for metal companies

Sequentially, margins are expected to contract in the first quarter (Q1) of 2023-24 financial year (FY24) versus Q4 FY23

Space beyond Chandrayaan: Will Artemis Accords be a game-changer for India?

The moon mission follows up on earlier missions, but the recently signed Artemis Accords with Nasa have the potential to be a bigger game changer

A water crisis in slow motion

India's struggle with flood management, climate change, and its misaligned priorities pose a serious threat to clean water supply in cities

Strong order pipeline positive for listed shipyards; prospects 'promising'

Upsides higher on Cochin Shipyards and Garden Reach Shipbuilders than Mazagon

Life insurance stocks up on decent growth prospects in first quarter

But analysts' target prices suggest limited upside in HDFC Life and ICICI Pru Life, and between 15-20 per cent for SBI Life, Max Life and LIC

With a pause in rate hikes, NBFCs, like banks, are in a sweet spot

RBI's pause in interest rate hikes and a continuation of the revival of private consumption would boost NBFCs in the first quarter (Q1) FY24

Valuations factor in bright prospects for BHEL; order book on positive side

Management guidance was that demand for coal-based thermal power has picked up due to higher demand for power

Street gives thumbs up to Bajaj Finance's strong Q1 biz update, stock up 7%

Though most analysts are bullish on the stock, their average target price indicates that near-term positives are well captured

Demand revival hopes, lower costs driving optimism for UltraTech Cement

While India's largest cement maker is adding capacities to gain market-share, margins are also seen improving

Uniting for big-bang discoveries

Two groundbreaking breakthroughs this week shows the promise of international cooperation in science

Power Grid stock may be fully pricing in near-term growth prospects

The company is a steady performer with good dividend yield (payout was Rs 14.75 in FY23, same as FY22)