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Ports: Cargo at east coast ports to swell, remain tepid at west (ADSEZ/GPPV) - SU - Dtd. - June 24, 2015

Based on our analysis of capex plans of key client industries (POL*, coal, iron ore), we expect 8% p.a. cargo growth at Major...

24 Jun 2015 Axis Capital Limited 14 $150.00

MindTree Ltd. (MTCL) - Analyst Meet Update - Dated - June 23, 2015

Mindtree (Bloomberg: MTCL IN, SELL, TP – Rs 1,196; 11% downside from CMP of Rs 1,351) We attended the analyst meet of Mindtre...

24 Jun 2015 Axis Capital Limited 5 $46.00

Essence of the Week - Dated - June 22, 2015

Global: Markets are awaiting an amicable resolution to the Greek repayment deadlock after the Greek government scrambled to a...

22 Jun 2015 Axis Capital Limited 30 $334.00

Wipro Ltd. (WPRO) - Visit Note - Dated - June 17, 2015

Wipro (Bloomberg: WPRO IN, BUY, TP – Rs 613; 14% upside from CMP of Rs 540) Key takeaways from our interaction with Pavan ...

18 Jun 2015 Axis Capital Limited 5 $46.00

MphasiS Ltd. (MPHL) - Analyst Meet Update - Dated - June 17, 2015

Mphasis (Bloomberg: MPHL IN, HOLD, TP – Rs 413, 9% upside from CMP of Rs 380) Strategy going forward for 2016-2018: Strate...

18 Jun 2015 Axis Capital Limited 5 $46.00

Ashoka Buildcon (ASBL) - Company Report - Dated - June 17, 2015

Ashoka Buildcon (Bloomberg: ASBL IN, BUY, TP – Rs 217; 36% upside from CMP of Rs 160) Among road players, we prefer compan...

17 Jun 2015 Axis Capital Limited 12 $127.00

Bharti Airtel (BHARTI) - Visit Note - Dated - June 16, 2015

Bharti Airtel (Bloomberg: BHARTI IN, HOLD, TP – Rs 445; 7% upside from CMP of Rs 414) We met Parag Toley (DGM - Investor R...

16 Jun 2015 Axis Capital Limited 6 $58.00

Infosys Ltd. (INFO) - Visit Note - Dated - June 16, 2015

Infosys (Bloomberg: INFO IN, BUY, TP – Rs 1,300; 31% upside from CMP of Rs 991) We met Pravin Rao, COO of Infosys, and Raj...

16 Jun 2015 Axis Capital Limited 5 $46.00

Eco: Inflation readings low, but RBI to be wary of monsoon - Quick Note - Dtd. - June 15, 2015

WPI: Disinflationary trends continued with May WPI printing at -2.3% YoY (2.6% in Apr), staying in the negative for the 7th c...

15 Jun 2015 Axis Capital Limited 4 $35.00

Vedanta: Rerating inevitable on Cairn merger - Flash Note - Dated - June 14, 2015

Vedanta Ltd (Bloomberg: VEDL IN, BUY, TP – Rs 237; 29% upside from CMP of Rs 184) A win-win situation: We expect Vedanta t...

14 Jun 2015 Axis Capital Limited 5 $46.00