PhillipCapital sees GDP at 7.5% and a Nifty at 27,500, but the real story is where earnings are actually going to show up In dealing rooms in Mumbai, everybody has their fingers crossed. The war in the Middle East is keeping oil traders on edge. Geopolitical alignments that held for decades are shifting. AI is … Read more
Washington steps in as private insurers abandon the strait — but with cover cancelled from March 5 and oil up 17% in days, India faces a mounting crisis at the pump US President Donald Trump has ordered the federal government to provide political risk insurance for all commercial shipping through the Persian Gulf and warned … Read more
Asset-light expansion, RevPAR resilience, and a Clarks boost. The hotel chain isn’t just growing rooms—it’s rewiring how it makes money. Indian Hotels hit Rs 878 in November 2024. Then dropped 20% over two months. The fall looked like something broke. But the fundamentals kept building. Revenue grew 15%, EBITDA climbed 16%, and the business model … Read more
GST impact limited to 200 basis points as protection sales surge 70%; valuation concerns remain HDFC Life Insurance delivered a stable third quarter with total premium growth of 11%, but margin pressures from GST changes remained a drag on profitability. The private insurer reported total annualized premium equivalent (APE) of Rs 3,974 crore (Rs 39.7 … Read more
Company beats estimates with 220bps margin expansion, but trades at steep 45x FY27 earnings ata Elxsi delivered a better-than-expected third quarter, but the stock’s rich valuations have left analysts divided on whether investors should bet on the recovery story. The IT services firm reported revenue of Rs 954 crore, growing 3.9% sequentially. Operating margins expanded … Read more
JM Financial maintains ADD rating with 175 rupee target as hotel chain splits into asset-light and property ownership platforms; Warburg Pincus backs spinoff with 9.6 billion rupee commitment Lemon Tree Hotels is embarking on a transformative restructuring that could significantly enhance shareholder value over the next 12 to 15 months. The company’s board has approved … Read more
It seems the markets were waiting for the ‘Budget’ moment. The euphoria on the Street was crazy after the finance minister unveiled massive fiscal sops, to say the least. Big bulls could not hold back their exuberance on television. Indian benchmark indices were in a sea of green as shorts got squeezed, and drove the … Read more