Page 4 - Nomura

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

Most brokerages bullish on TCS post Q3; CLSA upgrades to 'Outperform'

Analysts have mixed views on TCS following its Q3FY25 performance, with several brokerages highlighting the company's growth potential despite near-term challenges

Nomura hires Sudhir Nemali as international wealth chief operating officer

Nemali, who has over three decades of wealth management experience, is joining from Deutsche Bank, where he was most recently the chief operating officer for wealth management

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

India's credit market reflects K-shaped pattern, says Nomura report

Share of consumption loans is increasing, while share of asset-creating loans is falling

Earnings uncertainty, high valuations: Brokerages advise caution for 2025

Fundamentals strong but earnings growth uncertainty, elevated valuations seen capping upside

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

Rupee hits record low as appointment of new RBI chief spurs dovish bets

The rupee hit a low of 84.80 in early trading, surpassing its previous all-time low of 84.7575 hit last week

Adani Group most attractive among Indian investment grade cos: Nomura

The Japanese firm also sees 'minimal risk' of termination of 8 gigawatt (GW) Solar Energy Corporation of India (SECI) solar manufacturing-linked projects

Nomura cautious, but not overly pessimistic on Asia's equities in 2025

For the MSCI Asia ex-Japan index, Nomura predicts muted returns, with end-2025 targets ranging from 573 to 859. The index is currently around 590 levels

Rupee weakness will not deter RBI from cutting rates, says Nomura

Nomura noted that high prices were concentrated in a few items, including food, rather than being broad-based, and that inflation excluding vegetables and other volatile items was still subdued

Nomura has room to cut further $187 mn in costs: CEO Kentaro Okuda

The measures come on top of Nomura's existing plan to cut 62 billion yen ($414 million) of costs in the short- and medium-term, which include optimising information technology

Nomura thumbs up Dixon as co starts making Google Pixel; stock hits record

Brokerages positive on stock; company expected to emerge as major player in India's smartphone manufacturing by FY27

Tepid earnings growth in September quarter an Asia-wide problem: Nomura

Meanwhile, according to a note by JM Financial, 66 per cent companies under their coverage saw earnings per share (EPS) cuts for FY25

Brokerages reiterate 'Buy' on Hero MotoCorp post Q2 results; stock rises 5%

The surge in Hero MotoCorp share price came on the back of September quarter results, which met Street expectations

India's middle class tightens its belt as inflation reaches 14-month high

Since the end of the pandemic, India's economic growth has been driven in large part by urban consumption, however, that now seems to be changing

Britannia dips 9% in 2 days, hits over 5-mth low; brokerages mixed

Britannia reported its Q2FY25 results on Monday, after market hours. PAT declined by 9.6 per cent to Rs 531 crore

Festive retail growth down by half, Nomura notes strong online demand

While retail sales, both online and offline, saw some increase during the festive season, the overall growth was slower compared to prior years

Nomura woes deepen with trading scandal, arrest for attempted murder

The scandals reinforce Nomura's image as a firm prone to missteps, including data leaks and a multi-billion dollar loss from the collapse of Archegos Capital Management

FMCG sector flags urban consumption slowdown as food inflation bites

Lower salary increases, high interest rates will continue impacting urban demand, says Nomura