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United Spirits (UNSP) - Qtr. Update - Dated - July 24, 2015

United Spirits (Bloomberg: UNSP IN, HOLD, TP: Rs 3,480; 3% downside from CMP of Rs 3,592) United Spirits reported Q1 net s...

24 Jul 2015 Axis Capital Limited 5 $46.00

Bajaj Auto Ltd. (BJAUT) - Qtr. Update - Dated - July 24, 2015

Bajaj Auto (Bloomberg: BJAUT IN; HOLD; TP – Rs 2,554; 3% upside from CMP of Rs 2,488) Bajaj Auto’s (BAL) adjusted EBITDA ...

24 Jul 2015 Axis Capital Limited 7 $69.00

Monsoon: Deficit to prevail through July, but no alarm bells - Flash Note - Dtd. July 24, 2015

Rainfall in July continued to be weak with the deficit climbing to 7% for the season. However, a favourable-to-neutral Indian...

24 Jul 2015 Axis Capital Limited 4 $35.00

Wipro Ltd. (WPRO) - Qtr. Update - Dated - July 23, 2015

Wipro (Bloomberg: WPRO IN, HOLD, TP – Rs 607; 3% upside from CMP of Rs 588) Wipro reported higher revenue in Q1FY16 but ma...

24 Jul 2015 Axis Capital Limited 5 $46.00

L&T Finance Holdings (LTFH) - Qtr. Update - Dated - July 23, 2015

L&T Finance Holdings (Bloomberg: LTFH IN, BUY, TP – Rs 80; 12% upside from CMP of Rs 72) L&T Finance Holdings (LTFH) repor...

24 Jul 2015 Axis Capital Limited 6 $58.00

Dewan Housing Finance (DEWH) - Qtr. Update - Dated - July 23, 2015

Dewan Housing Finance (Bloomberg: DEWH IN, BUY, TP – Rs 570; 18% upside from CMP of Rs 482) Dewan Housing (DHFL) delivered...

24 Jul 2015 Axis Capital Limited 6 $58.00

Lakshmi Vilas Bank (LVB) - Qtr. Update - Dated - July 23, 2015

Lakshmi Vilas Bank (Bloomberg: LVB IN, BUY, TP – Rs 120; 27% upside from CMP of Rs 94) Lakshmi Vilas Bank (LVB) reported ...

24 Jul 2015 Axis Capital Limited 5 $46.00

TTK Prestige (TTKPT) - Qtr. Update - Dated - July 23, 2015

TTK Prestige (Bloomberg: TTKPT IN, HOLD, TP: Rs 3,610; 9% downside from CMP of Rs 3,987) TTK Prestige’s (TTKPT) Q1FY16 sal...

24 Jul 2015 Axis Capital Limited 5 $46.00

Gas Authority of India (GAIL) - Qtr. Update - Dated - July 23, 2015

GAIL India (Bloomberg: GAIL IN, HOLD, TP – Rs 390; 5% upside from CMP of Rs 370) GAIL’s Q1FY16 PAT at Rs 4.2 bn was lower ...

24 Jul 2015 Axis Capital Limited 6 $58.00

Container Corporation of India (CCRI) - Qtr. Update - Dated - July 23, 2015

Container Corp (Bloomberg: CCRI IN, SELL, TP – Rs 1,425; 14% downside from CMP of Rs 1,656) Container Corp’s (Concor) Q1...

24 Jul 2015 Axis Capital Limited 6 $58.00