The Base Metal prices except Copper and Lead traded higher – Angel Commodities Pvt Ltd

Base Metal

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Bullion Gold Spot gold prices declined by 0.4 percent yesterday to close at $1127.1 per ounce as stronger U.S. economic reports renewed speculation about higher interest rates thereby hurting investor appetite in the haven asset. The Conference Board said its index of consumer confidence rose to 103.0 in September from…

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Buy Voltas Ltd For Target Rs.350 – Motilal Oswal Securities Ltd

Motilal Oswal Securities

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Source: Motilal Oswal Securities Limited Medium-term prospects intact Growth in air conditioners to rebound; air coolers a new opportunity * A short summer impacted VOLT’s air conditioner volumes in 1QFY16, but this is only transitory. We expect medium-term growth to sustain at 10-15% per annum. * Our interactions with dealers…

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India IT Services Accenture – Strong Q4 but guidance disappoints – Religare Securities Ltd

Religare Securities

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Source: Religare Securities Ltd Accenture’s (ACN) Q4FY15 revenues of US$ 7.9bn (+12% YoY LC) beat expectations with growth across segments. New bookings were up 6% YoY to US$ 8.8bn. However full-year guidance (FY16) of 5-8% came in below expectations and absence of new bookings guidance is a dampener. The guidance…

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