Alkem Laboratories Research Report by Angel Broking

Slower growth in domestic and US business: Alkem reported yoy revenue grew of 9% in 4QFY17. Domestic revenue grew by 7% yoy to `856cr while exports grew by 14.5% to `385cr. US revenue grew by 19.4% yoy to `291cr. Other exports were flat at `95cr. Domestic business contributed 69% of the total revenue during the…

Angel Broking Research Report – HCL Technologies

HCL Technologies posted 4QFY2017 results better than expected. In US$ terms, the revenues came in at US$1,817mn (v/s US$1,810mn expected) v/s US$1,745mn in 3QFY2017, a qoq growth of 4.1%. On Constant Currency (CC) basis, company posted a 3.8% qoq growth. On the operating front, EBIT came in at 20.0% (v/s 20.1% expected) v/s 20.4% in…

Diwali 2016 Stock Picks

Every diwali, we see a host of “experts” on various media going about their previous year’s performance and give out their 2 cents about which stocks could replicate that performance in the year to come.  This time too a whole host of broking firms have come out with their list of companies whose shares they…