Economy data
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TATA STEEL LIMITED (DEUTSCHE BANK)
Earnings turnaround at Corus; Upgrade to Buy
Worst is behind; upgrade to Buy with revised TP of INR540/share
We have upgraded Tata Steel to Buy (see our Alert of earlier today), with the upgrade premised on three key factors: (1) our overriding view that the worst is over for Corus and that each quarter at Corus should [...] -
INDIA EQUITY STRATEGY (PRABHUDAS LILLADHER)
Indian Equities on a Long-term Bull Phase
…fuelled by global equities’ rising growth premium, favourable demographics, diminished policy risks and equities’ under-owned status
This report launches PL’s equity strategy coverage of the Indian market. Our team’s coverage of the Indian market conjoins top-down with bottom-up dynamics. At the top-down level, our team’s expertise seeks to exploit the [...]
