Emkay Global
When will new RBI governor Sanjay Malhotra cut rates? Brokerages weigh in
Here's how leading brokerages have interpreted the development, and their expectations from Sanjay Malhotra as regards key rates and maintaining a balance between growth and inflation
 "When will new RBI governor Sanjay Malhotra cut rates? Brokerages weigh in")
Sensex gains over 3,000 points in two sessions. Time to buy, sell, hold?
While the rally on Friday of 1,961-points was mostly led by positive global cues amid some buying in Adani group shares, the up move on Monday was triggered by the outcome of Maharashtra polls
 "Sensex gains over 3,000 points in two sessions. Time to buy, sell, hold?")
Emkay ups Nifty Sept 2025 target to 26,000; 'extended' sideways move likely
Emkay Global has raised the Nifty50 target to 26,000 for September 2025 on the back of rate cuts, revival in rural consumption, and earnings growth
 "Emkay ups Nifty Sept 2025 target to 26,000; 'extended' sideways move likely")
Emkay initiates coverage on Adani Green, predicts strong returns from RE
AGEL has achieved a 41 per cent CAGR in operational RE capacity over the past five years
 "Emkay initiates coverage on Adani Green, predicts strong returns from RE")
Paytm stock up 15% in two days on BSE amid heavy volume; what's happening?
In the past one month, Paytm stock has outperformed the market by zooming 25 per cent, as compared to 4.5 per cent rise in the BSE Sensex, data shows
 "Paytm stock up 15% in two days on BSE amid heavy volume; what's happening?")
Emkay Global sees 31% downside in Go Digit stock, gives 'Sell' rating
Go Digit stock: Go Digit's valuation at FY26E P/E of 49.6x and P/B of 5.9x seems to be building-in an optimistic outlook and ignoring the challenges, Emkay Global said
 "Emkay Global sees 31% downside in Go Digit stock, gives 'Sell' rating")
Central governments show fiscal prudence in Lok Sabha election years
Emkay Research study shows fiscal deficit trend much healthier than in FY19
 "Central governments show fiscal prudence in Lok Sabha election years")
Broking shares rally up to 20%; Emkay, Nuvama, Angel, MOFSL hit 52-wk highs
Emkay Global zoomed 20% to Rs 107.49, its highest level since May 2022 on the BSE, after reporting a consolidated PAT of Rs 9.69 crore in Q2FY24 against a loss of Rs 1.78 crore in Q1FY24
 "Broking shares rally up to 20%; Emkay, Nuvama, Angel, MOFSL hit 52-wk highs")
Govt expects Reserve Bank surplus to easily surpass Budget targets
Arora pegged the government's budgeted expectation just from the RBI dividend at Rs 38,000-40,000 crore for FY24, which is set to be easily crossed now
 "Govt expects Reserve Bank surplus to easily surpass Budget targets")
Emkay Global zooms 20% on Sebi's in-principle nod to enter MF business
The company said it has received in-principle approval from Securities and Exchange Board of India, Investment Management Department for sponsoring a Mutual Fund
 "Emkay Global zooms 20% on Sebi's in-principle nod to enter MF business")
Indian bank credit growth to be stronger in Q4FY23, says Emkay Global
The Indian banking sector performance was led by stronger than-expected credit growth after years of a lackluster performance, sharp margin uptick benefiting from the rate cycle
 "Indian bank credit growth to be stronger in Q4FY23, says Emkay Global")
Cement companies mull price hike of Rs 10-30 per bag in November: Report
On a month-on-month (MoM) basis, prices rose by 2-3% in the East and South, and about one per cent in the West; while declining 1-2% in the northern and central regions, the report said
 "Cement companies mull price hike of Rs 10-30 per bag in November: Report")
Weak volumes remain an overhang on Whirlpool stock; Q2 sales hit
Volatility in commodity prices and rise in competitive intensity are expected to weigh on margins
 "Weak volumes remain an overhang on Whirlpool stock; Q2 sales hit")
Cash is king! Investing strategies to ride out choppy markets
They turn cautious and prefer defensive bets
 "Cash is king! Investing strategies to ride out choppy markets")
Broking biz will flourish for those who constantly upgrade: Emkay Global MD
"Maximum returns are seen when small-caps of yesteryear become mid-caps of today and large-caps of tomorrow", says Krishna Kumar Karwa
 "Broking biz will flourish for those who constantly upgrade: Emkay Global MD")
Kalpataru Power surges 9% on securing orders worth Rs 1,345 crore
Analysts at Emkay Global Financial Services believe improving inflow and lower raw-material cost will imply better earnings for KPTL in the coming times.
 "Kalpataru Power surges 9% on securing orders worth Rs 1,345 crore")
SBI Q1 preview: Treasury loss, subdued loan growth may cloud profitability
SBI Q1: Projections on the quantum of decline in net profit vary widely across brokerages as they see a sequential slide anywhere between 7 per cent and 51 per cent
 "SBI Q1 preview: Treasury loss, subdued loan growth may cloud profitability")
Banks' Q1 net profit growth estimated at 47% as lending stays strong
According to Bloomberg's data on analysts' estimates, net profits of the 12 listed banks in Q1FY23 will grow 47 per cent YoY and shrink 7.8 per cent sequentially
 "Banks' Q1 net profit growth estimated at 47% as lending stays strong")
Life Insurance Corporation: This elephant can't dance, says Emkay Global
Emkay Global Financial Services, a leading domestic brokerage has initiated coverage on the stock with a 'hold' rating with a target price of Rs 875
 "Life Insurance Corporation: This elephant can't dance, says Emkay Global")
ICICI Prudential Life Insurance eyes 22% growth in VNB this fiscal
It had nearly trebled the net income in the March quarter on the back of robust margin growth from new sales
 "ICICI Prudential Life Insurance eyes 22% growth in VNB this fiscal")
