We believe GPL’s strong positioning (Top-4 in Bangalore, Pune, NCR) would provide it good leverage to the housing cycle uptick.…

Cigarette volumes likely to recover in coming quarters; valuations are attractive; TP raised to `300; stock is a high conviction…

20% CAGR in India mobile Ebitda estimated over FY22-24; TP raised to Rs 850 from Rs 685; risk-reward is favourable;…

Any bauxite-led cost push could help firm; Novelis on sound footing; EPS for FY22-23e up 7-13%; TP up to Rs…

While SRCM investors will appreciate the much-awaited capex; at CMP, we believe there is little to cheer given: i) the…

Asian LNG prices expected to moderate from recent highs but very unlikely to fall below US$ 12-13/mmbtu: Fesharaki still expects…

Over a medium term, margins can expand further as growth in SME and unsecured loans picks-up. ICICI Bank remains our…

Per our analysis, over FY15-21, ASTRA’s sales per distributor grew faster than peers: +64% in Pipes now in-line with SI…

Target price raised to Rs 870 to factor in FY21 AR; ‘Buy’ rating maintained

Strong recovery underway; CY20-23e estimated to see EPS CAGR of 49%; stock is a high-conviction ‘Buy’; TP up to Rs…

2Ws and tractors down by ~18% y-y; revival in trucks is expected; BHFC, MSIL and TTMT are the top picks

FY22-24e EPS up ~3%; TP raised to Rs 1,355; one of top SMID picks; ‘Buy’ retained

TP reduced to $44 given lower tariffs, project delays; firm best placed to leverage RE story; ‘Buy’ maintained

With softening raw material prices, recovering mobility spurring OOH & discretionary products and a strong vaccination drive, we remain positive…

Stress loans are low & bank has buffer prov. of 0.6%, but NPL buffer adjusted for seasoning has moderated. We…

AR highlights focus on margin-accretive segment, reduction in debt, new platforms; ‘Buy’ retained

Voltbek currently has 1000+ billing points and over 6000 touchpoints, a respective 2.5% and 3% market share in washing machine,…