Havells gathers speed to hit all-time high; analysts divided over its prospects

[ad_1] Shares of Havells India Ltd surged on Thursday after the company reported its Q4 financial results. The stock has hit a fresh high at ₹1,706.85 and traded at ₹1,669.20 on the NSE, up 0.31 per cent as of 1.03 pm. . The brokerages’...

India needs ‘hard reforms’ to reach 7.5% growth, HSBC says

[ad_1] Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse and the billionaires and businesses behind its rise, delivered weekly.Also read:IMF boosts Asia growth forecast this year on China, IndiaIndia will need...

Wipro gains post Q4 results, brokerages estimate weak near-term outlook  

[ad_1] Shares of Wipro rose by 2.14 per cent at ₹462.45 on the NSE as of 2.53 pm, Monday, despite posting weaker-than-expected March quarter financial results. Even analysts remain rather bearish on the stock. The company’s profits rose 5.2 per...

Midcap Opportunities in Current Sell-Off: HSBC Global Research

[ad_1] HSBC Global Research prefers large-caps but sees opportunities in the current mid-cap sell-off too. The research house remains constructive on the broader market and ruled out any deep sell-off in mid-caps from current levels. It said that mid-cap valuations...

Ather picks HSBC, JPMorgan, Nomura, Indian banks for IPO, sources sSay

[ad_1] Indian electric-scooter maker Ather Energy Pvt has picked HSBC Holdings Plc, Nomura Holdings Inc. and JPMorgan Chase & Co. to help arrange its initial public offering, according to people familiar with the matter.Also read: Broker’s call: Ather Energy (Buy)The...