Strong growth potential of non-life segment is key investment argument for stock; upgraded to ‘Buy’ with revised TP of Rs…
Availabilty of linkage coal allows steady quality of Syngas generation, and allows smooth operation of the DRI – current cost…
Its diversified pan-India market mix, premium brand positioning, strong distribution network and large presence in non-trade segment allow it to…
While consensus Ebitda may be cut by
Firms with strong India biz, those with complex/specialty US pipeline to be preferred; Natco, Alkem, JB top picks
Such actions in past have hinted at biz issues; will weigh on stock until clarity emerges; downgraded to ‘Sell’ with…
The plant will also serve as an archetype for Hindalco’s upcoming extrusions plant in Silvassa (7.3bn capex for 34ktpa greenfield…
But NDCF yield to remain largely flat over FY23-24e; Add retained with TP of Rs 317
Momentum likely to sustain in CY22 while annuity asset plays are expected to see recovery to pre-Covid levels
Green and grey businesses reorganised; TP revised to Rs 156; ‘Sell’ maintained
22% Ebitda CAGR estimated over FY21-24; initiated with ‘Buy’ rating and TP of Rs 645
Q2 consolidated EPS up 64%; FY22-23e EPS raised by 24-8% given positives; valuation’s attractive; ‘Buy’ retained with TP of Rs…
Data usage grew 0.4% QoQ (27% YoY) to 5,517 billion MB. Mobile broadband sites rose by 3.4k to 450k while…
NHPC has reported stable earnings in Q2FY22, with standalone reported revenue/EBITDA/ PAT at Rs 27.5billion/ Rs 18billion/ Rs 13billion, respectively,…
Major factors impacting the numbers were – 1) higher net generation at 9,912MUs (up 5.3% YoY), 2) reduction in employee…
Volume print weak; EPS for FY22-23e down ~9-6%; TP revised to Rs 3,400 from Rs 3,200; ‘Reduce’ retained
It carries total provision pool of 10%, including floating provision of Rs2.5billion and 34% coverage on restructured book. Maintain ‘hold’.
Excluding inventory gain/loss, Q2 standalone EPS is up 6.9x YoY. Q2 consolidated EPS YoY growth was modest at 3% YoY…
