DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Siddhartha Khemka - 3 Motilal Oswal - 1 Zee - 1 Motilal - 1 Aliasgar Shakir - 1 Karan Taurani - 1 Pulkit Chawla - 1 Emkay - 1
Top related locs:
India Bengaluru Zee Mumbai BENGALURU United States Europe
Top related orgs:
Motilal Oswal Financial Services - 3 Thomson - 2 Zee Entertainment - 1 Sony - 1 Zee - 1 Citi - 1 Wall - 1 Reliance - 1

Search resuls for: "Motilal Oswal"


15 mentions found


☆ What’s next for Zee shares? Here’s what Wall Street analysts are saying after Sony merger was called off
  + stars: | 2024-01-23 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +4 min
Shares of the Indian media house fell 34% on Tuesday, while investors shrugged off the impact on the $124 billion Japanese media and technology giant Sony. ZEEL-IN 1Y mountain What are analysts saying about Zee shares, moving forward? Citi sharply slashed its price target on Zee's stock from 340 Indian rupees to 180 Indian rupees. Zee has not stated whether it will pursue the merger while the litigation with Sony could hinder improvements in operations or explore a merger with other players," the analysts added. Similarly, Elara analysts added, "Possibility of any other strategic/financial partner buying majority stake in Zee could provide respite to valuation multiples."
Persons: Motilal Oswal, Zee, Motilal, Aliasgar Shakir, Karan Taurani, Pulkit Chawla, Emkay, Zee's, Punit Goenka, Chawla Organizations: Zee Entertainment, Sony, Zee, Citi, Wall, Reliance, Disney Star India, Motilal Oswal, Star, Disney, Netflix, Amazon Prime, Reliance Industries, Media, Elara, RIL, Zee Management, Quintillion Business Media, Bloomberg News, NDTV Locations: India, Zee
☆ We like both private and public sector banks in India, says financial services firm
  + stars: | 2023-10-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe like both private and public sector banks in India, says financial services firmSiddhartha Khemka of Motilal Oswal Financial Services discusses the banks it likes.
Persons: Siddhartha Khemka Organizations: Motilal Oswal Financial Services Locations: India
☆ India shares close at two-week low as hawkish Fed spooks investors
  + stars: | 2023-09-21 | by ( Sethuraman N R | ) www.reuters.com   time to read: +2 min
The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. Both the indexes fell for a third straight session on Thursday, losing as much as 1%. The Fed on Wednesday held key interest rates unchanged as widely expected, but warned that the battle against inflation was far from over. Higher interest rates dry up liquidity from the markets, increasing the cost of capital. The small-cap and mid-cap stocks fell 1.3% and 0.9% on Thursday, respectively.
Persons: Francis Mascarenhas, Siddhartha Khemka, Janane Organizations: Bombay Stock Exchange, REUTERS, Rights, U.S . Federal Reserve, BSE, Motilal Oswal Financial Services, Fed, . Banking, Sethuraman NR, Thomson Locations: Mumbai, India, Bengaluru
☆ India's TCS, Transamerica end $2 bln contract due to macro environment
  + stars: | 2023-06-16 | by ( ) www.reuters.com   time to read: +1 min
BENGALURU, June 16 (Reuters) - Indian information technology (IT) company Tata Consultancy Services (TCS.NS) said on Friday it has mutually agreed with insurance provider Transamerica to end a $2 billion contract, citing reasons including a challenging macro environment. The 10-year contract, signed in early 2018, involved TCS working with U.S.-based Transameria to enable the digitization of more than 10 million policies into a single integrated platform. Administration of those policies, including life insurance and retirement and investment solutions, will be moved to a new servicing model, which will take about 30 months, TCS said. "It's more of a sentimental negative rather than a big impact on the financials of TCS," said Siddhartha Khemka, head of retail research at Motilal Oswal Financial Services. "We don't see a big impact because of this.
Persons: Siddhartha Khemka, Khemka, Navamya Ganesh, Rashmi Aich, Sonia Cheema Organizations: Tata Consultancy Services, U.S, Administration, TCS, Motilal Oswal Financial Services, Indian, Thomson Locations: BENGALURU, United States, Europe, Bengaluru
☆ India's Mankind Pharma soars 31%, valuing condom maker at almost $7 bln
  + stars: | 2023-05-09 | by ( Rama Venkat | ) www.reuters.com   time to read: +2 min
BENGALURU, May 9 (Reuters) - Shares of Manforce condom maker Mankind Pharma Ltd (MNKI.NS) surged as much as 31% in debut trading on Tuesday, valuing the company at 566.43 billion rupees ($6.93 billion) in the country's biggest listing so far this year. The company, which also owns India's top at-home pregnancy testing kit Prega News, opened at 1,300 rupees, staying above that mark through the morning session and hitting its highest at 1,414 rupees. It was seeking a valuation of 432.64 billion rupees ($5.29 billion) at the upper end of a price band it set for its initial public offering last month. The strong debut will likely lift the sentiment for the IPO market overall." The company's IPO had an offer for sale of shares worth 43.26 billion rupees from existing shareholders, including its founder Ramesh Juneja, and allocated 12.98 billion rupees worth of shares to 77 anchor investors including Canada Pension Plan Investment Board, Government of Singapore, Goldman Sachs and Abu Dhabi Investment Authority.
☆ Indian shares rise ahead of Fed rate decision
  + stars: | 2023-05-02 | by ( Bharath Rajeswaran | ) www.reuters.com   time to read: +2 min
BENGALURU, May 2 (Reuters) - Indian shares advanced on Tuesday, aided by broad-based gains across sectors, driven by March-quarter earnings, as investors await the interest rate decision by the U.S. Federal Reserve on Wednesday. The Nifty 50 (.NSEI) was up 0.49% to 18,153.10 as of 9:51 a.m. IST, while the S&P BSE Sensex (.BSESN) gained 0.45%. Twelve of the 13 major sectoral indexes advanced, with the high-weightage financials (.NIFTYFIN) and information technology stocks (.NIFTYIT) rising 0.5% and 1%, respectively. The benchmark Nifty 50 index (.NSEI) rose over 4% in April, its best month since November 2022. Among individual stocks, Mahindra & Mahindra Financial Services Ltd (MMFS.NS) surged 5% after reporting a year-on-year rise in consolidated profit in the March quarter.
☆ India current account deficit likely narrowed to 2.7% of GDP in Q4
  + stars: | 2023-03-24 | by ( Madhumita Gokhale | ) www.reuters.com   time to read: +2 min
The median forecast of 22 economists polled March 16-23 showed a current account deficit of $23.0 billion in October-December 2022, or 2.7% of gross domestic product (GDP). More than half of the expected narrowing is due to a reduction in the goods trade deficit, suggesting weakening domestic demand in Asia's third-largest economy. India's merchandise trade deficit shrank to $72.79 billion last quarter, compared to $78.32 billion in July-September, according to ministry of commerce data. These are the two reasons why we are seeing that the (current account deficit) numbers are better." A separate Reuters poll of economists who had a longer-term view forecast the current account gap to average 3.0% of GDP this fiscal year before shrinking to 2.6% in the next.
☆ Indian shares fall on rate-hike worries ahead of Fed, RBI minutes
  + stars: | 2023-02-22 | by ( Bharath Rajeswaran | ) www.reuters.com   time to read: +2 min
The Nifty 50 index (.NSEI) was down 0.86% at 17,674.50, while the S&P BSE Sensex (.BSESN) fell 0.85% at 60,150.93 as of 10:34 a.m. IST. Both the Fed and the Reserve Bank of India were due to release minutes of their latest policy meetings, giving investors a glimpse of their thinking on future rate-hike trajectories. "Fear of a hawkish Fed has gripped markets and kept investors on tenterhooks." Global markets fell after an unexpectedly strong reading of S&P Global's composite purchasing managers' index (PMI) showed that the U.S. economy was not cooling. ($1 = 82.8330 Indian rupees)Reporting by Bharath Rajeswaran in Bengaluru; Editing by Janane Venkatraman, Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.
☆ Indian jeweller Joyalukkas withdraws $278 mln IPO
  + stars: | 2023-02-21 | by ( ) www.reuters.com   time to read: +1 min
BENGALURU, Feb 21 (Reuters) - Indian jeweller Joyalukkas has withdrawn its 23 billion rupee ($277.95 million) initial public offering (IPO), a document on the market regulator's website showed on Tuesday. Joyalukkas did not immediately respond to Reuters' request for comment. The jeweller, based in the southern Indian state of Kerala, operates showrooms across roughly 68 cities and is one of the biggest jewellery retailers in the country. The IPO's book runners Edelweiss Financial Services Ltd, Motilal Oswal Investment Advisors Ltd, Haitong Securities India, and SBI Capital Markets Ltd also did not immediately respond to a request for comment. ($1 = 82.7620 Indian rupees)Reporting by Varun Vyas in Bengaluru; Editing by Janane VenkatramanOur Standards: The Thomson Reuters Trust Principles.
☆ We're hoping India's budget won't create too much volatility in the market: Financial services firm
  + stars: | 2023-02-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're hoping India's budget won't create too much volatility in the market: Financial services firmGautam Duggad of Motilal Oswal Financial Services says the last two to three budgets have shown that no negative news is positive news.
☆ Adani firms lose $65 billion in value as U.S. short-seller battle escalates
  + stars: | 2023-01-30 | by ( Chris Thomas Aditya Kalra | Chris Thomas | Aditya Kalra | ) www.reuters.com   time to read: +6 min
Adani Transmission (ADAI.NS), Adani Total Gas (ADAG.NS), Adani Green Energy (ADNA.NS), Adani Power (ADAN.NS) and Adani Wilmar (ADAW.NS) fell between 5% and 20% on Monday. It stayed well below the offer price of the issue, which if successful will be largest such share offering ever in India. Adani Enterprises' $2.5 billion secondary share sale closed its second day amid weak investor sentiment. The stock closed at 2,892.85 rupees, 7% below the 3,112 rupees lower end of the offer price band. "While there is a risk that the share sale does not go through, it will be crucial today to wait and see how institutional investors participate."
☆ India is learning to love electric vehicles — but they're not cars
  + stars: | 2023-01-09 | by ( Charmaine Jacob | ) www.cnbc.com   time to read: +6 min
Electric vehicle charging stations from Tata Power can be found on 350 of the 600 highways in India. Puneet Vikram Singh, Nature And Concept Photographer, | Moment | Getty ImagesWhen most people think about electric vehicles, they think cars. From brands like Tesla and Rivian in the United States, to Nio and XPeng in China, global sales of electric vehicles have surged. But in India, two-wheel vehicles such as scooters, mopeds and motorbikes, dominate the market. The starting price of electric two-wheel vehicles can be as high as 160,000 rupees.
☆ India's largest winemaker Sula Vineyards drops 5% in market debut
  + stars: | 2022-12-22 | by ( Nandan Mandayam | ) www.reuters.com   time to read: +2 min
It was last trading down 4.2% at 341.8 rupees in a broader market (.NSEI) that was down 0.58%. "We like Sula, given (its) market leadership in India’s grape wine industry, especially in premium brands," said Motilal Oswal equity strategist Hemang Jani. It raised a total of 9.6 billion rupees in the IPO, including 2.88 billion rupees from anchor investors like Abu Dhabi Investment Authority and Goldman Sachs. Sula, India's largest winemaker, has a portfolio of 56 labels from 13 of its own brands and 20 international ones. Its net revenue rose 8% year-over-year to 4.57 billion rupees in fiscal year 2022.
☆ Indian shares slip on COVID-19, inflation worries
  + stars: | 2022-12-22 | by ( ) www.reuters.com   time to read: +2 min
BENGALURU, Dec 22 (Reuters) - Indian shares slipped on Thursday, with declines seen across most sectors after monetary policy minutes revealed strong concerns about elevated inflation, while fears about rising COVID-19 cases in China weighed on sentiment. India's health minister on Wednesday said the pandemic was "not over yet" given "the rising cases of COVID-19 in some countries". Asian markets also advanced after the bounce in U.S. shares, with the MSCI Asia ex Japan (.MIAPJ0000PUS) rising 1.49%. India's retail inflation eased below the RBI's upper tolerance limit of 6% for the first time in 2022 in November, but core inflation stayed above 6%. Khemka also said the remarks from the RBI minutes were "consistent with the central bank's adherence to tackling inflation".
☆ Tata Motors falls as core earnings fail to impress
  + stars: | 2022-11-10 | by ( ) www.reuters.com   time to read: +2 min
Tata Motors posted a narrowed net loss for the July-September quarter and said its earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 53% year-over-year. However, brokerage Jefferies said the company's EBITDA came in 14% below its estimate, while Emkay Research and Motilal Oswal also said the number missed their estimates. "Tata Motors' performance was an all-around miss," Motilal Oswal analyst Jinesh Gandhi wrote in a note. Tata Motors stock was last down 4.4% at 414.25 rupees and was the biggest loser on India's benchmark Nifty 50 index (.NSEI), which is down 0.7%. Through the last close, Tata Motors shares had shed a tenth of their value, while the Nifty 50 index had gained around 4%.
0 next >>
Total: 15