Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

EXPLAINED: Emkay | Vintage Vibes

India's quick commerce growth set to accelerate, food delivery to remain steady: Report

According to an Emkay report, India's quick commerce sector is projected to accelerate NOV growth to 21.6 percent in Q2FY27. Food delivery platforms are expected to sustain around 18 percent year-on-year NOV growth as competition rises during the festive season. The fintech sector will also experience steady revenue growth, although…

The Economic Times · 11h ago

HCL Tech Q2 Preview: Will the IT major narrow its guidance? 5 things to watch out for

HCL Tech is set to announce its September quarter results on October 12, with brokerages expecting 12% year-on-year profit growth and 16% revenue growth. Acquisitions, deal ramp-ups and seasonal strength are likely to support performance. Investors will track FY27 revenue guidance, margin trends, discretionary spending, deal wins and AI-led pricing…

The Economic Times · 16h ago

Apollo, Max Health, other hospital stocks rally up to 5% despite cancer drug price caps. Why Jefferies stays bullish

Hospital stocks rose up to 5% after the government capped trade margins on non-scheduled anti-cancer drugs at 30%, potentially reducing medicine prices by 70%. Jefferies and Emkay expect manageable earnings impacts, despite near-term margin pressures. Jefferies favours Fortis, Manipal, Apollo, Max Healthcare and Medanta, citing strong demand and attractive valuations.

The Economic Times · Oct 9

From analysis to the latest developments in health,
read the most diverse news in one place.

Bank profits may rise 25% in Q2FY27, margins to recover gradually in second half: Report

According to a report by Emkay Research, Indian banks might report a 25.4 percent year-on-year increase in net profit. Higher foreign currency deposits could exert pressure on lending margins, impacting profitability. Loan growth remains healthy, contributing to income increases and reduced provisions for loan losses. Overall banking system growth is…

The Economic Times · Oct 9

Petrol margins turn positive as OMC fuel marketing losses ease in Q2FY27: Report

Fuel marketing losses of state-run oil marketing companies (OMCs) narrowed sharply in the September quarter, helped by lower crude oil prices and the full impact of retail fuel price hikes, according to Emkay Research.

The Economic Times · Oct 7

Nifty’s ailing warhorse HDFC Bank gets an all-rounder CEO. Can Anup Bagchi make the elephant dance?

Anup Bagchi takes charge as HDFC Bank’s new CEO at a critical juncture, with the lender seeking to revive deposit and loan growth, improve margins and unlock HDFC Ltd merger synergies. With the stock 29% below its peak, investors will closely watch whether Bagchi can restore growth and confidence.

The Economic Times · Oct 5

Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing power

As Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushing for higher efficiency, leading to a notable decline in revenue growth. Large IT companies may witness their weakest growth in three years, primarily due to acquisitions rather…

The Economic Times · Oct 5

Read news from The Economist, FT, and more,
with one subscription

Two-wheelers, commercial vehicles set to outperform passenger cars in FY27: Report

India's auto industry, excluding tractors, is showing steady growth with two-wheelers and commercial vehicles leading. Passenger vehicle sales have also been strong, with Maruti Suzuki India Limited showing significant growth. However, tractor volumes have declined among manufacturers, affecting overall volume growth. The timing of the festive season is impacting year-on-year…

The Economic Times · Oct 4

Fortis, Apollo, other hospital stocks slump up to 10% in 2 days after SC questions steep markups. Buying opportunity?

Hospital stocks extended losses for a second session after the Supreme Court questioned steep markups on cancer drugs and raised concerns over hospitals requiring patients to buy medicines from their own or designated pharmacies.

The Economic Times · Oct 1

NSE shares fall 2%, slip below IPO price, but analysts’ target prices go up to Rs 2,050. Time to buy?

NSE slipped below their Rs 1,785 IPO price on Monday, taking its market capitalisation to Rs 4.36 lakh crore. Despite the decline, brokerages remain positive on the stock, with Macquarie, Emkay and PL Capital setting target prices between Rs 1,950 and Rs 2,050, citing its market leadership and growth prospects.

The Economic Times · Sep 28

NSE shares fall 2%, trade marginally above IPO price after debut. Why are Macquarie, other brokerages bullish?

NSE shares fell by 1.6% to Rs 1,790 following its stock market debut on Thursday. Brokerages Macquarie and Emkay assigned positive ratings, citing growth potential and resilient market leadership. NSE's market capitalisation now ranks among the largest firms in India. Analysts expect varying revenue growth rates for transaction income and…

The Economic Times · Sep 25

NSE draws brokerage attention on stock market debut as 3 firms initiate coverage on Day 1

NSE shares rallied after a muted listing at Rs 1,800, pushing the exchange into India’s ninth-most valued company with a market cap of Rs 4.63 lakh crore. The post-listing surge came as three major brokerages initiated coverage on Day 1 with positive ratings. Macquarie called NSE “The Dominator” and assigned…

The Economic Times · Sep 24

NSE becomes 9th most valued company with Rs 4.63 lakh crore m-cap after IPO. Who did it overtake?

The National Stock Exchange (NSE) made a rather modest entrance on the Bombay Stock Exchange (BSE), opening at Rs 1,800 against its IPO price of Rs 1,785. With a market capitalization of Rs 4.63 lakh crore, it has emerged as the ninth largest entity in India. Analysts predict that shares…

The Economic Times · Sep 24

‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists say

The US Federal Reserve’s first rate hike since 2023 has added to pressure on India, with the rupee breaching 96 against the dollar and economists increasingly debating when the RBI could follow with a hike of its own. Emkay sees an October move as increasingly likely, while HDFC Bank expects…

The Economic Times · Sep 17

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times · Sep 16

UPI MDR bonanza: Why Paytm may win bigger, but Pine Labs could gain faster

Paytm and Pine Labs stand to benefit from the new UPI MDR framework, but the impact could differ sharply. Paytm has a larger absolute revenue opportunity, with analysts estimating FY28 UPI MDR revenue of up to Rs 1,160 crore, while Pine Labs could see a bigger impact on earnings and…

The Economic Times · Sep 15

Coforge shares fall over 3%. What are Jefferies, Emkay saying after Chairman, independent director exit?

Coforge shares fell after independent director and NRC chairperson DK Singh resigned, days after chairman OP Bhatt stepped down, raising concerns over the board changes. However, the company reiterated its FY27 guidance, retaining its targets of 20.5–21% consolidated EBITDA margin.

The Economic Times · Sep 9

Beyond the runway: Emkay sees up to 25% upside in GMR Airports

Emkay Global has initiated coverage on GMR Airports with a Buy rating and a Rs 120 target price, implying 25% upside from the current levels. The brokerage expects non-aeronautical and adjacent businesses such as duty-free, cargo and airport-linked developments to drive incremental profitability, while stronger earnings and cash flows support…

The Economic Times · Sep 8

GE Vernova shares surge 8% as firm declared lowest bidder for Power Grid project; Nomura raises target price

GE Vernova T&D India shares rose after the company emerged as the lowest bidder for a 6,000 MW HVDC project from Power Grid. Nomura raised its target price to Rs 6,000, while Emkay retained its Buy rating with a Rs 5,300 target price. Both brokerages highlighted strong prospects in the…

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times · Sep 3

Gold may shine as global rates turn softer, silver may stay volatile : Emkay Wealth Management

Gold and silver remain attractive despite recent profit booking, supported by central bank demand and expectations of softer global interest rates. While gold could see further upside, silver is likely to remain more volatile. Here’s a look at the outlook for both precious metals and how gold and silver investment…

The Economic Times · Aug 14

Honasa Consumer shares jump 4% after record Q1; Jefferies, Emkay forecast strong upside

Honasa Consumer’s shares rose after Q1FY27 PAT surged 116.5% YoY to a record ₹90 crore, while revenue grew 27% to ₹756 crore and EBITDA jumped 141% to ₹110 crore.

The Economic Times · Aug 10

Ola Electric shares fall 6% even as Q1 loss narrows. Why brokerages see up to 51% downside

Ola Electric shares fell after the company reported a narrower Q1 FY27 net loss of Rs 336 crore, compared with Rs 428 crore a year ago. However, revenue from operations declined 45% YoY to Rs 455 crore, despite rising 72% QoQ from Rs 265 crore in Q4 FY26.

The Economic Times · Aug 4

Ather Energy share price target goes up to Rs 1,714. What are CLSA, Nomura, and HSBC saying?

Ather Energy shares surged up to 18% after the electric two-wheeler maker reported a sharp improvement in its June-quarter performance, prompting global brokerages including Nomura, CLSA, HSBC and Emkay to reiterate bullish views. Analysts cited strong demand, improving margins and capacity expansion, with target prices implying upside of up to…

The Economic Times · Jul 31

Vedanta Aluminium share price target: Why Citi, CLSA, Nuvama see up to 20% upside after Q1 earnings

Vedanta Aluminium Metal reported a threefold jump in Q1 FY27 net profit to Rs 5,629 crore, accompanied by an Rs 8 interim dividend. Global brokerages including Citi, CLSA, Nuvama, and Emkay remain bullish, projecting up to 20% upside driven by cost discipline, capacity expansions, and captive mine operations.

The Economic Times · Jul 28

Indian textile exporters may lose competitiveness despite lower US tariff as rival countries get quota exemptions: Report

The report noted that India remains one of the relative beneficiaries of the new US tariff regime overall.

The Economic Times · Jul 27

IDFC First Bank shares soar 9% after Q1 profit jumps 132% to Rs 1,075 crore. What are analysts saying?

IDFC First Bank share price gained 9% after it reported its highest-ever quarterly profit after tax of Rs 1,075 crore. Net interest income rose 21.1% year-on-year, and net interest margin also improved. Gross non-performing assets fell to 1.51%, showing further improvement in asset quality. The bank received claims worth Rs…

1 2 3

Coverage From

The Economic Times

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.