Water sector could get lion’s share of infra allocation in Budget: Vinayak Chatterjee
Integrated water works would include irrigation, laying of pipelines, raising of water for ultimate retail distribution etc. That sector will probably see a very high spike in allocation compared to previous years. The water sector will have a significant multiplier effect as like roads, it involves a huge degree of labour deployment. It will have very strong job multiplier effect.
This year market to focus on earnings, not balance sheets: Aditya Narain
The market is hoping for a very strong cyclical recovery but it may ...
Not much to differentiate between ICICI Bank, HDFC Bank and Kotak Bank now: Kunj Bansal
One can’t time the market, one can only play catch up...
Why Deven Choksey continues to bet on ICICI Bank, SBI and Bajaj Finance
In the NBFC space, we have always liked housing finance companies (HFCs) and some of the companies have been performing better. They have been continuing to grow at around 20% in an environment where GDP growth is below 5%. If your growth rate is 20% plus and the credit book is growing, it is a good proposition to buy into.
Brokerages cut Kotak Mahindra Bank’s target price post Q3 results
The bank made provisions and contingencies of Rs 444 crore for the quarter compared with Rs 407.93 crore in the September quarter.
Banking sector set for more pain, deratings likely: Hemang Jani, Sharekhan
In terms of the NPL cycle and loan growth, there is a huge disconnect between what is being reported by banks and what is generally being expected and that continues to be a major worry. Also, there is over-ownership across private banks as the weightage is still very high and most of the investors are hiding in very few banks.
Unitech takeover by govt unlikely to set any precedent: Sandeep Parekh
Unitech is only one of the hundreds of developers which are stressed today and so I do not think it is possible for any government to rescue the top 100 developers in the country. There is no practical possibility of the government taking over the top 3-4 companies and bailing them out. So it is unlikely to set any precedent.
OMCs to be weak on refining front in Q3: Shibani Sircar Kurian
Some part of the weakness on the refining margins would be offset by higher marketing margins.
Domestic cyclicals and investment-oriented cos to drive growth in FY21: Pankaj Murarka
FY20 is going to be one of the weakest in the last 15 years in terms of consumer growth.
More beats than misses in earnings to continue in Q3: Vinod Karki, ICICI Securities
The beta rally will spread from the large mega caps to mid and small and microcaps.
Kotak Mahindra Bank Q3 results: PAT grows 24% YoY to Rs 1,596 crore, misses Street estimates
Analysts in an ET NOW poll had projected the profit figure at Rs 1,650 crore.
AUM does not reduce much when gold prices come down: George Alexander, Muthoot Finance
Gold loan business continues to be one of the best lending businesses because there are no NPAs there. AUM is always growing and there is always liquidity in the market. Our focus will continue to be on the core gold loan business. In the next 3-5 years, share of non gold business may grow to 15-20% from 10% at present.
Rahul Gandhi says now NIA will be tasked to 'silence' DSP Davinder
Congress leader Rahul Gandhi on Friday alleged that the best way to "silence" Jammu and Kashmir DSP Davinder Singh was to hand the investiga...
There's no free lunch, can't promise to grow 20% in sectors with negative growth: Dinanath Dubhashi, L&T Finance
We do not think there will be further margin expansion. This also includes some income from assets which comes once in a while. It is not a one-time extraordinary income, it just does not repeat every quarter. We have always guided this to be around 6.7-7%. We should have no problem keeping it this level which is more sustainable.
Telling investors to gradually tilt towards mid, smallcaps: Harsha Upadhyaya
Wherever the mandate allows, we have been selectively adding to mid and small caps.
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