Page 4 - Clsa

Markets will digest dent on June quarter earnings as one-time hit: CLSA

If India is unable to slow the number of infections, additional lockdown measures might be required, which analysts at Rabobank International say would negatively impact the supply side of the economy

Markets to look beyond second Covid wave, say analysts; bet on cyclicals

BofA Securities has cut his positioning towards defensives by downgrading Staples to neutral weight and trimming their overweight positioning for the information technology sector

BPCL, Shipping Corp: Analysts bullish on PSU stocks on divestment hope

As per government disinvestment plans two public sector banks (PSBs) and one general insurance company is to be privatised in fiscal 2021-22 (FY22) and aims to raise Rs 1.75 trillion.

Analysts see the tide turning for Reliance Industries stock

Reliance Industries' stock: Among 36 analysts' recommendations on Bloomberg, 24 recommend buying the stock

SBI stock may rally another 40% after hitting record high: Analysts

The series of price-target upgrades continued for the sixth consecutive quarter for the state-owned lender as it reported a 7 per cent decline in net profit at Rs 5,196 crore for the December quarter

SBI hits record high post Q3 results; CLSA lists 3 triggers for re-rating

CLSA has raised its target price on SBI's stock by an impressive 45.45 per cent to Rs 560 from Rs 385. This also reflects a 58 per cent upside from the stock's market price as on Thursday

BofA, CLSA think Axis, IndusInd Bank are ripe for re-rating; here's why

Analysts at BofA Securities have upgraded Axis Bank, IndusInd Bank, and State Bank of India (SBI) on a "surprisingly" resilient asset quality outlook, and reasonable valuations

CLSA sees 31% upside in RBL Bank on stable deposits, robust credit card biz

In a report dated January 5, CLSA said the bank is re-aligning its product portfolio and is now focusing on key retail-asset niches

CLSA sees 46% upside in SBI stock; raises target price to Rs 360

The recent upward revision in target price by CLSA factors in two key developments for SBI - potential upside in earnings and limited downside risks to capital adequacy

HDFC Bank m-cap tops Rs 8-trillion; CLSA sees further upside in stock

With Rs 8-trillion milestone, HDFC Bank now stands at third position in the overall market-cap ranking of listed companies

Economic momentum will be lost through 2021: CLSA

India has the weakest growth in fiscal 2020 of countries that we forecast at 15 per cent, but the strongest fiscal 2021 forecast at +14.5 per cent, CLSA said

Time to invest in cyclicals as economic recovery gathers steam: Analysts

Despite the large economic impact of the Covid-19 pandemic, the markets have recovered sharply even though the performance among individual stocks has been quite polarised

Jio postpaid plans: BofA, CLSA think its not a threat to Airtel; here's why

CLSA believes that new Jio postpaid plans are bundling three leading OTTs, but with no content exclusivity, can be matched by incumbents like Bharti Airtel

CreditAccess Grameen up 9% on fund raising plans; CLSA initiates coverage

CLSA initiated coverage on CreditAccess Grameen with a 'BUY' recommendation and a target price of Rs 840

Brokerages turn bullish on SBI on attractive valuation; see 20-44% upside

From its recent low of Rs 150.85 apiece (closing basis) touched on May 22, 2020, the stock has rallied 39 per cent on the BSE, data show

Market share, valuation: 5 reasons why CLSA is bullish on SBI amid Covid-19

In a report dated August 20, CLSA upped the target price on the stock to Rs 310, translating into 59.2 per cent upside from Thursday's closing price on the BSE

Here's why CLSA and Edelweiss have downgraded Reliance Industries' stock

Edelweiss Securities notes that the stock's primary triggers - deleveraging, asset monetisation and digital momentum - have already played out.

What makes Morgan Stanley, Goldman Sachs, CLSA bullish on RIL

According to Morgan Stanley, multiple triggers - asset sales, pickup in energy cash flows, increased traction in omni-channel retail and rise in telecom ARPU- could further drive the stock

After a 34% surge from March low, brokerages see limited upside for markets

The flattening of the 'Covid-19 infection curve', Covid-19 impact on corporate earnings and the economic policies, they say, hold key to the market trajectory.

Bond market signals rocky road ahead for Tata Motors, Jaguar Land Rover

JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out