UBS India

Here's how leading brokerages have interpreted the development, and their expectations from Sanjay Malhotra as regards key rates and maintaining a balance between growth and inflation

Company says brokerage's report on sales does not give 'full or accurate picture'

UBS believes Swiggy is well positioned to benefit from the rapid growth in India's food delivery and quick commerce markets with an estimated GMV and revenue CAGR of 35% and 29% over FY24-27e.

Shares of Swiggy ended at Rs 462, valuing the company at Rs 1.03 trillion

Chhaochharia highlighted that FY25's weak earnings growth is now being factored into market expectations

Hero MotoCorp share: According to UBS, the market's optimism around Hero MotoCorp's rural demand revival in commuter motorcycles, and a perceived turnaround in its premium 2-wheeler sales is misplaced

The market's expectation of a demand recovery for SRF's chemical segment will be met with disappointment, UBS said

UBS reckons that the consensus has not fully factored in growth drivers such as higher penetration in EV and aluminium forging, rising contributions from acquisitions and new business in earth moving

Swiss financial services company UBS Group on Wednesday bought shares of IDFC Ltd for Rs 88 crore through an open market transaction. According to the bulk deal data available with the NSE, UBS through its arm UBS Principal Capital Asia purchased 81,48,705 shares or 0.51 per cent stake in IDFC Ltd. The shares were acquired at an average price of Rs 107.92 apiece, taking the transaction value to Rs 87.94 crore. Details of the sellers of IDFC's shares could not be ascertained on the National Stock Exchange (NSE). Shares of IDFC fell 1.09 per cent to close at Rs 108.78 apiece on the NSE. Last month, IDFC First Bank announced the completion of the merger of IDFC Ltd with the bank. Post the amalgamation, there will be a simplified corporate structure at the Bank with no holding company. In July 2023, IDFC First Bank announced the merger of its parent IDFC Ltd with itself in an all-stock transaction, marking another major deal in the Indian banking space days after the amalgamation of

UBS believes TVS Motor's New Jupiter is a significant upgrade over the old model and peers

UBS reckons the market is not fully appreciating Shyam Metalics' integrated operations

UBS is bullish on Polycab India on the back of better-than-expected domestic volume growth, domestic market share gains, and a distribution-led export business model

India, analysts said, remains in a relatively better position amid strong fundamentals. Though valuations remain a concern, investors can use markets correction to buy quality stocks for the long-term

As markets sift the Budget's fine print, they'll also monitor Q1 earnings, monsoon trends, and global factors

Chhaochharia discusses factors impacting the markets and the economy

Inflation likely to be lower than RBI's 4.5% FY25 forecast

Here's how leading foreign and domestic brokerages have interpreted the Lok Sabha 2024 election-related developments thus far, their poll outcome scenarios and market strategy

The telco has to pay Rs 12,000 crore to the government between October 2025 and March 2026, taking into account both principal and interest

Among sectors, UBS prefers domestic-linked sectors such as automobiles, consumer durables, industrials / infrastructure, utilities, and real estate

The group's wealth management arm reported $27 billion in net new assets for the first quarter of the year, compared to $22 billion for the three months prior