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Nov 16 8 tweets 4 min read
#CNBCTV18Market | Goldman Sachs gives a buy call on Biocon, says Q2 broadly below estimate, from a profitability standpoint. Sales/EBITDA grew 26%/6% YoY respectively Image
#CNBCTV18Market | CLSA gives buy call on PB Fintech, adds 'expect an above 10% CAGR in broader insurance industry over 15 yrs. Company key beneficiary of growing share of online insurance distribution Image
#CNBCTV18Market | Citi gives a buy call on Apollo Tyres, says Q2FY23 results ahead of estimates; outlook mixed. Consolidated earnings estimates increased by 5-11% over FY23-25 Image
#CNBCTV18Market | Nomura gives a neutral call on Apollo Tyres, says Q2 EBITDA in-line with estimates. Replacement demand remains slow. Valuations factoring in commodity tailwinds Image
#CNBCTV18Market | Morgan Stanley gives an underweight call on Balkrishna Industries, says management did not provide guidance on FY23 volumes citing emerging macro risks. Limited earnings visibility keeps us underweight Image
#CNBCTV18Market | Nomura gives a neautral call on Balkrishna Industries, says stronger ASP drive Q2 beat. Near-term demand headwinds from weak EU/agri cycle Image
#CNBCTV18Market | Morgan Stanley gives an equal-weight call on Ipca Labs, says Q2FY23 miss: API a drag on performance. Company expects slow overall sales growth & EBITDA margin of 21% for FY23 Image
#CNBCTV18Market | Jefferies gives buy call on ABB, says Q3CY22 EBITDA 17% below expectations as revenues disappointed. Believe this should be comfortably made up in coming quarters Image

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More from @CNBCTV18Live

Nov 18
#JustIn | #Centre issues notification mandating #QR codes & #barcode on top 300 brands, w.e.f August 1, 2023 Image
#Drug Manufacturers of these 300 #DrugFormulation products shall print or affix #BarCode or #QuickResponseCode on its primary packaging label Image
In case of inadequate space in primary
package label, on the secondary package label that store data or information legible with software application to facilitate authentication
Read 4 tweets
Nov 18
#MarketThisWeek | Sensex & Nifty snap 4-week gaining streak, down 0.2% each

Coal India, M&M, ITC, Bajaj Fin, Eicher are top Nifty losers

Sun TV, Metropolis, M&M Fin, Astral, Aarti Ind slip the most amongst Midcap Image
#MarketThisWeek | Midcaps underperform this week with the leading index falling over 1%
#MarketThisWeek | Nifty Bank gains for 7th straight week, longest gaining streak in 3 yrs

PSU Bks continue their outperformance, Nifty PSU Bk is top gaining index

Auto stocks see profit booking after earnings, Nifty Auto falls 2% this week Image
Read 4 tweets
Nov 18
#MarketAtClose | Mkt off lows but ends in red for 2nd straight session, Sensex & Nifty slip 0.5% each

All sectoral indices end lower except Nifty PSU Bank, autos underperform

Sensex falls 87 points to 61,663 & Nifty 36 points to 18,307 Image
#MarketAtClose | Nifty Bank falls 20 points to 42,437 & Midcap index 155 points to 30,916

PSU Banks rise after govt announces max tenure of 10 yrs for mgmt heads

M&M, Bajaj Fin & ITC drag Nifty while HUL, SBI & HDFC lend support
#MarketAtClose | Eicher Motors slips 1.5% following appointment of Vidhya Srinivasan as CFO

Fortis slips 0.5% as SEBI advises open offer should proceed after Delhi HC order

Glenmark Pharma slips 5% despite double-digit revenue growth guidance Image
Read 6 tweets
Nov 18
#CNBCTV18Market | CLSA gives underperform rating on Info Edge, says demand undercurrents are strong in real estate & education business Image
#CNBCTV18Market | GS gives sell rating on Sun Pharma, says company expects R&D costs to inch higher as patient enrollments for its clinical trials pick up Image
#CNBCTV18Market | Nomura gives buy rating on Exide, raises FY23 revenue estimate by 10% to factor in higher H1FY23 run-rate Image
Read 9 tweets
Nov 17
#MarketAtClose | Market closes at day’s low following a sharp fall in last hour

Sensex falls 230 points to 61,751 & Nifty 66 points to 18,344

Nifty Bank falls 77 points to 42,458 & Midcap index 126 points to 31,072 Image
#MarketAtClose | HDFCs along with Infosys, M&M, Titan drag Nifty while ICICI, L&T support

Tata Motors is amongst top Nifty losers as JLR CEO resigns, stock down 2%

Autos are under pressure with M&M, Maruti & Bajaj auto falling 2% each Image
#MarketAtClose | Paytm slides 10% after a block deal of nearly 5% eq, SoftBank likely seller

Midcap IT stocks fall, tracking Nasdaq move, Info Edge top loser, slips 6%

India Cem, Hind Copper, Dixon Tech, Mphasis, IndiaMart top Midcap losers
Read 6 tweets
Nov 17
#CNBCTV18Maket | Jefferies gives a buy call on Home First Fin, says expect to deliver 30% loan CAGR over FY22-25. See 28% NII CAGR over FY22-25, despite some NIM pressure Image
#CNBCTV18Maket | Morgan Stanley gives an underweight call on Aarti Industries, says lacklustre demand & planned maintenance key to earnings miss. Demand softness & gradual ramp-up underpin flattish EBITDA run-rate for H2 Image
#CNBCTV18Maket | Morgan Stanley gives an overweight call on HAL, says improving visibility & margin guidance revised upwards. FY23 revenue growth guidance maintained at 7-8% Image
Read 8 tweets

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