UBS Securities

Canada's share in total Masur imports has dropped to almost 38 percent when it comes to matar while it has come down to just around 31 percent

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

Implementing poll promises in the Congress manifesto would entail an additional fiscal cost of 2-3.3 per cent of the gross domestic product, it said in a note

A "material weakness" in how Credit Suisse reported its numbers could signal a significant misstatement in the financial statements

The December quarter performance was impacted by the weak showing in the athleisure category

CAD implies the country is importing more goods and services in value than exports

Valuations in India, he said in this interview, are pricing a lot more 'sentiment' premium than what fundamentals of the stocks can explain

Banks for many years have been riding on the retail book as corporate demand still remains anemic

The aggressive manufacturing push, especially in the electronics space, driven partly by the relocation of Asian supply chain away from China, is unlikely to yield any tangible results to India's growth at least in the next three years, according to a foreign brokerage. Tanvee Gupta-Jain, the chief economist at UBS Securities India, said that if the country continues to benefit from the supply chain shifts away from China and structural reforms, GDP should rise to 6.25-6.75 per cent annually by 2030 under an optimistic scenario and generate up to 4 million jobs annually. In the most optimistic scenario, the growth is likely to be 6.75-7.25 per cent. According to Gupta-Jain, the present manufacturing push under the various PLI (Production Linked Incentive) schemes, particularly for electronics, is unlikely to yield any major benefit to GDP or exports. This is because at present, there is no economies of scale in the absence of a manufacturing ecosystem wherein components are also ..

Sunil Tirumalai, strategist, UBS Securities India, says India's high valuations and a depreciating rupee could act as headwinds for the domestic markets

According to UBS, the key among Reliance Industries' stock price performance drivers are new investment opportunities to deploy large cash flows profitably.

The recovery from lockdowns has been reasonably good without any big government stimulus, says Tirumalai

The Reserve Bank also forecasts 9.5 per cent GDP growth this fiscal while the average projection ranges from 8.5 to 10 per cent. The government projection is around 10 per cent.

UBS, Credit Suisse see emerging markets doing well next year, but expect India to underperform, given its rich valuations

US-based Bernstein slashes rating to underweight, almost halves target price; UBS maintains positive stance

There could be some pain in the next two-three quarters given how Covid-19 situation pans out

Two cases tested positive for the coronavirus infection in India on Monday, after the initial set of three cases in Kerala were successfully treated

The value of a strategic privatisation could easily be two to three times these companies' typical valuation

Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction

This growth in corporate earnings, UBS believes, can come about if the real gross domestic product (GDP) grows at 8 per cent-plus