Publisher : nirmalbang.com


Federal Bank (FBL) reported 3QFY19 results with the key takeaways being: (1) MSME slippage of Rs 1.92bn looks somewhat concerning but incremental NPA formation from MSME would be mitigated from 4QFY19 onwards due to RBI dispensation.
Jan. 18, 2019, 11:36 a.m.
Publisher: nirmalbang.com

The US bond market has been in a linear path as the US shutdown continued for straight 25days. This is the longest shutdown on record. Wall Street recovered from its first back-to-back drop in December 2018.
Jan. 18, 2019, 11:35 a.m.
Publisher: nirmalbang.com

Jan. 17, 2019, 11:28 a.m.
Publisher: nirmalbang.com

DCB Bank (DBL) reported 3QFY19 results with the key pointers being: (1) DBL displayed long-awaited opex control with total opex rising just 5.6% YoY.
Jan. 17, 2019, 11:28 a.m.
Publisher: nirmalbang.com


Cipla is expected to report a strong performance in the US market aided by ramp-up in Albendazole and Voltaren gel generics.
Jan. 15, 2019, 11:51 a.m.
Publisher: nirmalbang.com

Consumer Price Index or CPI inflation stood at 2.19% YoY in December 2018, broadly in line with Bloomberg consensus estimate of 2.2% and our estimate of 2.13%, and down from 2.33% earlier.
Jan. 15, 2019, 11:51 a.m.
Publisher: nirmalbang.com

We had a meeting recently with the management of Lemon Tree Hotels. The key takeaways are as follows: 1. Occupancy rate and ARR continue to improve.
Jan. 15, 2019, 11:50 a.m.
Publisher: nirmalbang.com

Infosys hit double-digit YoY revenue growth in 3QFY19 in constant currency (CC) terms after a gap of 10 quarters. It also delivered large deal TCV of US$1.57bn in a historically lean quarter.
Jan. 14, 2019, 11:50 a.m.
Publisher: nirmalbang.com

Karnataka Bank (KBL) reported 3QFY19 results with the key pointers being: (1) KBL did not recognize interest income of about Rs 300mn, which led to tepid NII growth.
Jan. 14, 2019, 11:50 a.m.
Publisher: nirmalbang.com

The Index of Industrial Production or IIP growth slipped to 0.5% YoY in November 2018 from 8.4% in the previous month, and 8.5% YoY a year ago.
Jan. 14, 2019, 11:49 a.m.
Publisher: nirmalbang.com