Mphasis' 4QFY16 revenues of USD225mn declined 1.5% QoQ, below consensus
estimate of 0.7% QoQ decline. HP business (HP) saw a marginal decline of
1.1% QoQ in USD terms, lowest in last several quarters. HP revenues are
expected to stabilise by 2QFY17 and the company doesn't anticipate the
decline in
Forwarded Message
Subject: Cipla: 455-435 May Be A Good Support Despite Worst Q4FY16
Result Amid Various Restructuring Costs & US FDA Woes
Date: Tue, 7 Jun 2016 09:07:47 +0530
From: Asis Ghosh
Reply-To: asis...@gmail.com
*Trading Idea:
Steel Strips Wheels Ltd-CMP Rs 433
Steel Strips Wheels (SSWL), a part of the Steel Strips group, is engaged in
manufacturing wheel rims. SSWL started commercial production from 1991. The
company is armed with the latest know‐how, manufacturing automobile wheel
rims at its state‐of the‐art