Deal or no deal? Listen to our UK chief economist on the outlook for business after Brexit. #podcast #Brexit #trade #business

Investec on Dr Reddys.....Must say that i am really impressed lately with the pharma coverage by Investec....Their analysis has been really good Anshuman Gupta

Virgin space plane leaves stratosphere for first time thetimes.co.uk/article/virgin…

#GSKCH reported strong 1Q revenue growth of 12% yoy (led by 13% volume growth) and EBITDA growth 38% yoy (GM expansion). The company reiterated its focus on (1) High-science (premium) products – Growth+, Protein+ and Boost RTD and (2) penetration, led by LUPs (high-teens growth).

#Eicher’s Q1 EBITDA was in-line with our est., margin resilience vs. pressure seen in peers highlights RE’s distinctive positioning. Strong demand outlook, favourable product mix and expansion in tier 2 states should help RE continue to outperform the industry, in our view.

#SunTV reported strong 1Q rev growth, led by IPL franchise (Rs2.2bn EBIT vs our expectation of Rs1bn). Declining shares across key markets (Tamil/Telugu) is deal breaker for us. Factoring in IPL gains in FY19E and beyond, we increase estimates 2-3%

#Lupin Mgmt guidance for recovery in 2H/FY20 is sensitive to the success of a few large products, making earnings susceptible to further downgrades. Our FY19E/ 20E EPS cuts post 1QFY19’s big miss (33% PBT miss) assumes most +ves in-line with mgmt. guidance

#OnCNBCTV18 | Ritesh Shah, Investec says need to track Tata Steel's bid for Bhushan Power if they are too aggressive; Have a target of Rs 730/sh on Tata Steel currently Latha Venkatesh Anuj Singhal अनुज सिंघल Sonia Shenoy

India #Pharma #Cadila pipeline execution has been good, lot more is expected. 1QFY19 nos missed est. More competition in Lialda / Asacol HD and delay in key prods remain key risks to earnings.

#Redington India: Overblown Turkish concerns - 8% of its revenues & 2% of consolidated PAT derived from Turkish biz in FY18. Sharp depreciation in Lira vs USD led to worries on potential impact on its earnings- quite unreasonable in our view. Multiple positive catalysts ahead

Investec looks to expand investment banking, lending operations in India Swaraj Dhanjal #livemint #InvestmentBanking livemint.com/Companies/SIOz…