Page 3 - Macquarie

This Warren Buffett-owned Indian stock has been a wealth destroyer

In September 2018, Buffet's investment arm - BH International Holdings - invested $300 million, or Rs 2,179 crore, for 2.6 per cent stake in PayTM, which had valued the start-up at $10 billion then.

Paytm: Foreign brokerages divided on road ahead for the stock

While those at Goldman Sachs have upgraded the stock to buy with a target price of Rs 1,460, analysts at Macquarie maintain an underperform rating with a 12-month target price of Rs 700 on the counter

Macquarie cuts Paytm target price to Rs 900 citing red flags in business

Flags senior management exits in the firm, its average merchant loan size at sub-Rs 5,000 levels over the past year and regulatory uncertainty in fintech and insurance as concerns for the stock

Paytm bleeds as Macquarie's second report puts Rs 1,200 as target price

Profitability may 'remain elusive for a long time', says brokerage about digital payments company.

Exxon and Macquarie in $11.7 million US lawsuit over gas contract

Exxon is asking the Texas court to rule that the massive storm, caused when an arctic air mass swept the central United States, was a natural disaster

YONO, earnings recovery key triggers for SBI: Goldman Sachs, Macquarie

State Bank of India stock was the top performing stock on the Nifty bank index today, and supported the index to claim a fresh record high of 32,683.5 on the NSE. The index is up 100% from March lows

Solara Active Pharma surges 19% on heavy volumes, hits record high

Global brokerage Macquarie Capital Securities, on October 6, initiated coverage on the stock with an 'Outperform' rating and a target price of Rs 2,064 in bull-case scenario

Australian heavyweight Macquarie sees H1 profit slump in virus upheaval

The conglomerate said net profit for the current September half year would be hit as delayed deals and subdued market trading curtailed income

Fears about India's retail loan defaults overblown, says Macquarie

"the unanimous feedback has been that there has been a decline in the total loan book under moratorium from the 25-30% numbers reported as of end-May," analysts led by Suresh Ganapathy wrote in a note

YES Bank rescue plan: How brokerages have interpreted the proposals

Macquarie has suggested that taxpayers will the biggest casualty in the government-approved bailout plan for YES Bank

One rupee: The value that foreign brokerages attach to the YES Bank stock

Macquarie Capital Securities also said if State Bank of India (SBI) decided to buy stake in the bank, they should buy it at Rs 1 per share as the net worth is hugely impaired

LIC IPO can take time, process may extend beyond FY21, says Macquarie

The investment banking and financial services firm in a note cast doubt on chances of LIC hitting the IPO market in next financial year (FY21) following its interactions with actuaries and valuers

Market Wrap, Jan 30: Indices at 3-week closing low, Sensex tanks 285 pts

Reliance Industries was the top drag on the indices, down 2.5 per cent, after global brokerage firm Macquarie downgraded the stock to 'underperform'

Macquarie sees RBI posing after Friday's 25 bps rate cut

At 4.5 percent the September quarter GDP is the lowest since March 2013 quarter, when it was printed at 4.3 per cent

Macquarie targets $675-mn bet on green, tech assets to ramp up investment

The fund's anchor investors are Belgian private investment firm Verlinvest SA, a New York headquartered single-family office, a global fund of funds and a Middle East single-family office

Centre may undershoot disinvestment target by 20%, says Macquarie

Macquarie observed that the government would have to rely on big-ticket share sales in companies such as Coal India, ONGC, Axis Bank and ITC to shore up the disinvestment kitty