
Deutsche Bank on Indian IT Services:
- Skills and not scale to drive next leg of growth.
- Rupee depreciation is a tactical tailwind.
- Sector-wide growth outlook remains muted.
- Acquisitions, platforms and partnerships hold the key to overcoming challenges.
- TCS: Initiated ‘Hold’ with a price target of Rs1,740.
- Infosys: Initiated ‘Buy’ with a price target of Rs1,495.
- HCL Tech: Initiated ‘Buy’ with a price target of Rs1,070. Macquarie on Zee Entertainment:
- Maintained ‘Outperform’; cut price target to Rs615 from Rs675.
- Zee5 is relying on original content with right pricing.
- Marketing intensity to pick starting July as it is launched in APAC and Europe.
- Expect Zee5 to almost breakeven in the financial year-ending March 2021.
- Expect valuations to trade lower till Zee remains unhurt from digital disruption.
- Expect continued thrust towards investment in original digital content for next 10 years.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
or visit http://www.ways2capital.com
✆ - 0731-6626191 | Toll Free - 1800-3010-2007
or mail us here: info@ways2capital.com
or visit http://www.ways2capital.com
✆ - 0731-6626191 | Toll Free - 1800-3010-2007
Give a Missed Call for Free Trial - 09699997717
0 comments:
Post a Comment