Page 4 - Morgan Stanley

Morgan Stanley-led banks sell $5.5 billion of X debt on demand surge

The banks initially planned to sell about $3 billion worth of the loan but received enough interest to parcel out additional debt

Weak demand weighs on Asian Paints Q3; analysts see more pain in near-term

Asian Paints' consolidated net profit attributable to the owners of the company declined 23.3 per cent year-on-year (Y-o-Y) to Rs 1,110.5 crore in Q3FY25, down from Rs 1,447.7 crore in Q3FY24

Tata Motors Q3 disappoints, analysts lower targets, ratings; stock tanks 9%

Tata Motors' consolidated profit for Q3FY25 fell 22.4 per cent year-on-year (Y-o-Y) to Rs 5,451 crore, from Rs 7,025 crore in Q3FY24

Bajaj Auto gets mixed reactions from brokerages after muted Q3 results

Despite the strong export performance, the overall Q3 results were seen as somewhat lacklustre, leading to mixed reactions from brokerages

Brokerages split after JSW Steel Q3 results miss estimates; share down 4%

JSW Steel reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24

Banks led by Morgan Stanley prepare to sell around $3 bn of X buyout debt

Bankers have contacted a small group of investors to assess their interest in buying chunks of at least $250 million at a discounted price in the range of 90 to 95 cents on the dollar

Morgan Stanley's bonus payouts for star Asia bankers to jump by up to 50%

The jump in the bonus payouts in the region will come after the Wall Street firm saw its new CEO Ted Pick wrap up a strong first year

Analysts rule out pre-budget market rally; Trump, Q3FY25 earnings in focus

According to Morgan Stanley, markets seem to be approaching the budget with skepticism and could be dealing with both volatility and upside risk post budget.

Analysts eye 34% upside in RIL post Q3; Jefferies, Citi, CLSA, MS upbeat

Given the strong Q3 & recent correction in the stock, most brokerages remain optimistic about RIL' future prospects & potential in the stock. Emkay upgraded RIL to 'Buy', citing attractive valuations

Morgan Stanley's Q4 profit jumps on rise in dealmaking, stock sale

Dealmaking was also propelled by a strong US economy, interest-rate cuts and expectations of lighter regulation under incoming US President Donald Trump

Jefferies, CLSA, Morgan Stanley retain 'Hold' on HCLTech despite Q3 miss

HCLTech declared a dividend of Rs 18 per share, including a special Rs 6 per share dividend to commemorate 25 years since its public listing, marking its 88th consecutive quarter of dividend payouts

Morgan Stanley plans to hire more Asia wealth relationship managers

The firm's 140 relationship managers in the region could grow to 200 over the next few years, said Vincent Chui, head of wealth management for Asia Pacific

Bajaj Finance share rises 3% on robust Q3 business nos.; brokerages upbeat

Japan-based brokerage Nomura highlighted Bajaj Finance's consistent delivery of strong numbers, citing an AUM compound annual growth rate (CAGR) of 30 per cent over FY13 to Q3FY25

Sensex could hit 105,000 in 1 yr: Morgan Stanley's bullish outlook on India

Morgan Stanley's outlook assumes that India will maintain macroeconomic stability, aiding investor confidence

Goldman Sachs, Morgan Stanley downgrade China's economic growth outlook

Morgan Stanley downgraded China to slight 'underweight' from 'equal weight' in emerging markets

Morgan Stanley, 2 others pick 6.8% stake in PNB Housing Fin for Rs 1,664 cr

Morgan Stanley, Societe Generale and another entity on Wednesday picked up a total of 1.77 crore, or 6.82 per cent stake, of PNB Housing Finance through open market transactions worth Rs 1,664 crore. According to bulk deal data available on the National Stock Exchange (NSE), Morgan Stanley through its arm Morgan Stanley Asia Singapore purchased over 1.42 crore shares or a 5.4 per cent stake in PNB Housing in two transactions. Ghisallo Master Fund bought 17.90 lakh shares of PNB Housing while Societe Generale acquired 17.09 lakh shares of the firm, as per the data. The shares were bought at an average price of Rs 939.30 apiece, taking the combined transaction value to Rs 1,664.55 crore. Meanwhile, global investment firm Carlyle Group through its affiliate Quality Investment Holdings PCC offloaded 2.45 crore shares or 9.43 per cent stake in PNB Housing Finance for Rs 2,301.58 crore through open market transactions. The shares were sold at an average price of Rs 939.42 per piece. Af

Equity returns outclass gold, FD, property in the long term: Morgan Stanley

Indian households, Desai wrote, are still under-invested in equities. At cost, only 3 per cent of the household balance sheet is in equities, excluding equity holdings of founders.

Retail ownership of Indian equities up 800bps in a decade: Morgan Stanley

Morgan Stanley expects Indian markets to deliver a low double digit return in the next decade. However, it expects cash, derivative trading to rise as investors churn aggressively churn portfolios.

Morgan Stanley says CEO Ted Pick to succeed James Gorman as chairman

The longtime former CEO was just this week named as chair of the Walt Disney Co. board where he's been helping the company find a successor to Bob Iger

Morgan Stanley's Q3 profit beats estimates on investment banking windfall

Its investment banking revenue jumped 56% in the third quarter. Competitors Goldman Sachs had posted a 20% surge in fees, while JPMorgan Chase saw a 31% gain