Emkay Global Financial Services

Emkay bullish on graphite electrode; starts 'Buy' on Graphite India, HEG

The brokerage has initiated coverage on Graphite India and HEG, assigning a target price of ₹700 to each, assuming them to be structural winners in the sector

Emkay starts 'Buy' on Arvind SmartSpaces; sees cash flow, pre-sales growth

Emkay projects a 34 per cent pre-sales CAGR for Arvind SmartSpaces over FY25-28E, reaching ₹3,100 crore

Dolly Khanna portfolio: Stock of broking firm up 72% in 1 week. Do you own?

Shares of Emkay Global Financial Services hit an all-time high of ₹409.90, as they soared 8 per cent on the BSE in Wednesday's intraday trade

Emkay on telecom: Sell Vodafone Idea, Reduce Bharti Airtel, Buy Indus Tower

Telecom stocks to buy, sell: Citing expensive valuations and low growth outlook, Emkay Global is cautious on the telecom sector. It initiated coverage on Bharti Hexacom with 'Reduce' rating

Broking stocks under pressure; 360 One, Geojit, JM Financial fall up to 8%

Shares of broking companies were under pressure on Monday on concerns that any significant volatility in the market's performance can directly put pressure on their overall income profile.

Current market sell-off nearing end, says Emkay Institutional Equities

Emkay anticipates a discretionary consumption recovery within two-to-three quarters, supported by a rebound in IT hiring, better liquidity conditions, and improved retail lending dynamics

Indian stock market outlook: Emkay Global says buy correction for long-term

Emkay Global strategy for Indian stock market: What to invest now? What is the stock market outlook? What is Nifty valuation? Read to find out the stock market strategy amid correction

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

Multiple levers with insurers to mitigate higher surrender value: Experts

The Insurance Regulatory and Development Authority of India (Irdai) in its 'Master Circular on Life Insurance Products' issued on Wednesday prescribed enhanced Special Surrender Value (SSV)

Stock of this broking firm has surged 42% in 2 days; up 86% in 13 days

The average trading volumes at the counter jumped over 10-fold in trades on Wednesday.

IIFL, Geojit: Brokerage stocks tank up to 40% in 2 mths; Time for pullback?

A retracement of up to 50 per cent of the recent fall, can lead up to 18% rally in shares of IIFL Securities, Geojit and Emkay, show technical charts.

Hotel stocks rally up to 9% in weak market on hopes of strong earnings

Analysts at Emkay Global see the strength in hospitality industry sustaining in March (Q4)/June (Q1) quarter, based on their channel checks, with year-on-year (YoY) improvement in average room rates.

We've been exploring themes with secular implications: Prakash Kacholia

The strong first-quarter FY24 earnings are expected to normalise in the coming quarters, with a potential growth rate of 20-22 per cent, said Kacholia

Emkay Global gets in-principal approval for MF foray, stock jumps 20%

Joins Zerodha and three other firms who are waiting in the wings for final approval

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

We expect a catch-up trade in Indian equities, says Prakash Kacholia

US payroll numbers released recently point to Goldilocks scenario: unemployment at 53-year low, and yet moderating wage gains, says Prakash Kacholia, MD, Emkay Global Financial Services

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

Power generation rises marginally in July-Aug on heavy rain: Emkay Global

This is good compared to last year, when India faced good demand upsurge during Sep-Oct and many thermal units did not have enough inventory

PV sales expected to be strong in July as production rises: Report

Passenger vehicle sales are expected to be robust in July, driven by a large order book and production ramp-up, while commercial vehicle volumes may remain in an uptrend, a report said on Thursday. However, tractor volumes are likely to decline due to a high base and uneven spread of the monsoon, according to brokerage firm Emkay Global Financial Services, which has retained a positive view on the auto sector. Emkay Global also expects an improvement in two-wheeler sales on the back of higher production and inventory build-up with dealers. Passenger vehicle segment should witness a robust growth on a large order book and production ramp-up, with automakers such as Tata Motors, M&M and Maruti Suzuki expected to log 49 per cent, 28 per cent and 8 per cent volume growth, respectively, in July, the brokerage firm said. For the two-wheeler segment, the brokerage estimates a 35 per cent improvement in domestic sales for Eicher Motor-Royal Enfield, 6 per cent each for TVS Motor and Hero .

As rupee continues to slide, RBI may be back to spot intervention

Reserve Bank of India's foreign-exchange reserves have fallen by about $30 billion since the end of May to $573 billion, according to its data