Kotak retains 'add' on Larsen Toubro, cuts target price

Sanjeev Prasad, Senior Executive Director Co-Head at Kotak Institutional Equities is overweight on Tata Motors.

In an interview with ET Now, Sandeep Bhatia, Executive Director & Head of Sales, Kotak Institutional Equities, talks about the current market rally and shares his views on a host of sectors and stocks. Excerpts: ET Now: What do you make of this ...

Kotak Institutional Equities downgrades Godrej Consumer Products to "reduce" from "add", citing disappointing margins in the fiscal year ended March 31, as well as "stretched" valuations.

A Kotak Institutional Equities report has revealed the free float market capitalisation of the country's benchmark Sensex is just 43.5 per cent against more than 95 per cent in the US and above 80 per cent in the UK, Germany and Japan.

Sandeep Bhatia of Kotak Institutional Equities feels Hindustan Unilever (HUL) will remain at around Rs 570-580. According to him, there should be a significant improvement in consumer environment to take the stock higher from current levels.

Consensus forecast for Jindal Steel's March-quarter consolidated net profit was Rs 9.64 billion. Kotak Institutional equities said the company's March-quarter performance was difficult to explain as its steel realization declined by Rs 3,000 per ...

Cairn India Ltd gain 2.2 percent after Kotak Institutional Equities upgraded the shares to "buy" from "add" and kept its target price of 340 rupees, saying the current price provides a good entry point as valuations and expectations have turned ...

Dataquest According to a Kotak Institutional Equities report, demand for engineering graduates in the IT industry has declined due to slowdown in revenue growth, change in business mix, and preference for science graduates to lower ...

Despite a slowdown in commercial vehicles, Nischint Chawathe, Kotak Institutional Equities has a buy on auto-finance company, Shriram Transport.