MOSL: Morning India (23/August/17)-1. Voices: 1QFY18 | India Inc on Call 2. Reliance Industries (ART) 3. Jyothy Lab 4. Aviation Monthly
​MOrning India (23/August/17): 1. Voices: 1QFY18 | India Inc on Call; 2. Reliance Industries (ART); 3. Jyothy Lab; 4. Aviation Monthly
Click here to access detailed report
Today’s top research theme
- Voices: 1QFY18 | India Inc on Call - Demand revival still patchy; Another quarter of GST-led volatility ahead; private capex revival distant
- 1QFY18 earnings performance and management commentaries indicate delayed earnings revival for India. GST implementation exacerbated the demand trends in B2C sectors like Autos, Consumer, Pharmaceuticals and Cement.
- With continued asset quality issues in PSU Banks and lack of pick-up in private capex, there has been little succor to earnings.
- Most management commentaries indicate that the de-stocking ahead of GST implementation impacted primary sales. Margins were also impacted, as some companies decided to compensate dealers for losses owing to GST transition. Companies also decided to restrict price hikes till GST settles down.
Piping hot news
Narayana Murthy to address Infosys investors today
Days after the board of Infosys Ltd blamed N.R. Narayana Murthy for Vishal Sikka's decision to step down as chief executive officer (CEO), the founder and former CEO of Infosys is set to address investors and assuage concerns, amid a broader tussle between the board and the founders that has severely dented investor confidence in the company and wiped out thousands of crores in market value.
Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.
Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.