EPS could go up by 5-10%; ‘Buy’ rating maintained with unchanged TP of Rs 925
Buy to lower earnings in FY23; prospects good; ‘Buy’ retained with TP of Rs 615
The new managing director has ~20 years of experience in the fields of real estate, consulting and technology.
Mgmt expects investment to boost growth momentum; ‘Buy’ retained with TP of Rs 1,110
FY22-24e EPS cut by 3-4% due to near-term headwinds; Buy retained with TP of Rs 804
May delay PPBL’s plan to apply for conversion into SFB; TP cut to Rs 1,285 from Rs 1,352 due to…
Downgraded to ‘Reduce’ from ‘Buy’ with TP cut to Rs 214 from Rs 333.
It may provide stability to overall income; ‘Buy’ retained with unchanged TP of Rs 3,935
We upgrade our rating to ‘buy’ from ‘add’ with an unchanged Mar’22 SoTP-based target price of Rs 434/share post 13%…
FY22e devco sales guidance up to Rs 60-65 bn; upgraded to ‘Buy’ with TP of Rs 434
Higher raw material prices affected profitability, as the impact of coking coal alone was ~4bn during Q3FY22. Further, management has…
Robust volume growth visibility over FY23-24e; TP cut to Rs 1,732 due to price correction in holdings; ‘Add’ retained
Significant increase in employee costs further impacted the EBITDA performance. While Q3FY22 net debt reduction is impressive, we see clear…
JLR achieved Ebitda margin of 12% and positive FCF; domestic CV margin likely to rise; ‘Buy’ rating retained with revised…
We expect the business momentum to continue and should result in record high core RoEV of 18% in FY22E which…
Outlook is bright; FY22-24e EPS raised by up to 12%; TP up to Rs 8,000; ‘Buy’ retained
Consolidated PAT up 1.5%; company declared interim dividend of `4.5/sh; ‘Buy’ retained with TP of `120
Improvement in overall stress pool expected; 9% y-y growth in NII for banks estimated
