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MORGAN STANLEY ON SUN PHARMA : Co Facing A Confluence Of Challenges MORGAN STANLEY ON SUN PHARMA : Downgrade To Underweight From Equalweight MORGAN STANLEY ON SUN PHARMA : Q4 Earnings A Miss; Fundamentals Worse Than Expected MORGAN STANLEY ON SUN PHARMA : Estimate An Average Earnings Decline Of 5% In FY19 MORGAN STANLEY ON SUN PHARMA : Cuts FY18 & FY19 EPS Estimates 35.6% And 32.3% Respectively CREDIT SUISSE ON TECH MAH : Reported A More Than 400 Bps QoQ EBIT Margin Contraction In Q4 CREDIT SUISSE ON TECH MAH : Revenue Was Broadly In Line With CS Estimates CREDIT SUISSE ON TECH MAH : Currency, Wage Hike And Visa Are Potential Headwinds CREDIT SUISSE ON TECH MAH : Revenue Growth Can Also Accelerate From FY17 CREDIT SUISSE ON TECH MAH : Cut FY18-19E Eps (8-12%) On Lower Margin Assumptions CREDIT SUISSE ON TECH MAH : Maintain Outperform Rating, Price Target Cut To Rs Rs 500 From Rs 525/Share MACQUARIE ON TECH MAHINDRA : Q4FY17 Continues To Highlight Margin Woes For The Company MACQUARIE ON TECH MAHINDRA : Margin Woes Due To Exiting The Legacy Business MACQUARIE ON TECH MAHINDRA : Lower Our FY18-19E EPS By 17-20% Due To Lower Margin Estimates MACQUARIE ON TECH MAHINDRA : Maintain A Neutral With A New Target Of Rs 420 Vs 474 Earlier

Optimism Back On The Street: Nandita A Parker

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September 17: Nandita Agarwal Parker, General Partner at Karma Capital Management, says strategists were lowering their GDP growth and earnings outlook and raising interest rate targets a month ago in a complete reversal of investor expectations. When Raghuram Rajan was appointed as RBI Governor, there was hope that some of the hasty measures might be reversed, which fuelled a turnaround in markets.