Research Reports published by EMKAY

HDFC Bank Ltd.    
18 Apr 2021, 12:00AM
1440.25
3.85%
Emkay
Refer to important disclosures at the end of this report Accelerated provisions suppress PAT in Q4; constant tech outages remain an irritant Despite stable NIMs and higher fees leading to a beat on PPoP, the bank reported slightly lower PAT at Rs81.8bn (up 18% yoy) vs. est. of Rs83bn, mainly due to additional contingent provisions of Rs8bn amid raging second Covid wave and Rs5bn for interest-on-interest waiver. Retail credit growth remained subdued at 8% yoy due to the bank's cautious stance and the RBI's suspension of new card acquisition. Corporate growth remains very strong, leading to...
Number of FII/FPI investors increased from 1474 to 1482 in Mar 2021 qtr.
Banks    
SECTOR | 16 Apr 2021
Emkay
Refer to important disclosures at the end of this report Healthy credit appetite, but lenders to turn cautious as lockdowns intensify We hosted a call with Mr. Kaushik Mehta, Founder and CEO of RULoans Distributions, one of the largest DSAs, to discuss the recent business trends in retail loans and to gauge the impact of recent localized lockdown, if any. Retail credit appetite remains healthy, but lenders turning cautious could hurt business in the near term: As per Mr. Mehta, credit demand accelerated last year in...
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Nirmal Bang Institutional released a Sector Update report for Banks on 06 May, 2021.
Aurobindo Pharma Ltd.    
11 Mar 2021
1002.35
-0.43%
Aurobindo Pharma Ltd. has gained 50.74% in the last 1 Year
Cadila Healthcare Ltd.    
11 Mar 2021
611.40
-0.93%
Cadila Healthcare Ltd. has gained 15.99% in the last 1 Month
Cipla Ltd.    
11 Mar 2021
881.20
-2.53%
Number of FII/FPI investors increased from 1056 to 1072 in Mar 2021 qtr.
5250.30
1.03%
Dr. Reddy's Laborato.. has an average target of 5242.18 from 13 brokers.
Ipca Laboratories Ltd.    
11 Mar 2021
2180.00
1.45%
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Ipca Laboratories Ltd. has an average target of 2165.14 from 7 brokers.
Lupin Ltd.    
11 Mar 2021
1189.15
0.91%
Lupin Ltd. has gained 33.97% in the last 6 Months
687.15
-0.62%
Number of FII/FPI investors increased from 741 to 762 in Mar 2021 qtr.
RBI and Finance Ministry    
TREND | 02 Feb 2021
Emkay
The policymakers have looked beyond convention to ensure that the effective fiscal stance does not become staunchly pro-cyclical ahead, while policy adherence to mediumterm fiscal sustainability is signaled. We reckon innovative financial sector reforms, better resource allocations, stable tax regime and fiscal funding by aggressive asset sales in the form of existing functional infrastructure monetization, reinstitution of the DFI model, core and strategic disinvestment, etc. as positive for medium-term growth potential. We remain OW on domestic-cyclicals (Banks and Autos), Building materials and Pharma. This report is solely produced by Emkay Global. The following person(s) are responsible for the...
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BOB Capital Markets Ltd. released a report for RBI and Finance Ministry on 05 May, 2021.