InvIT listing could yield Rs 30 to TP if of proper size; ‘Hold’ retained, as risk-reward is balanced, with TP…
Adani Ports has underperformed the Nifty by 14% since questions were raised about the sharp appreciation of three FPIs holding…
Mr Parekh raises pointers on restructuring & asset-mix norms. Rise in equity/asset from 9% to 15% over FY17-21 is a…
Consistent improvement on metrics in FY21; TP raised to Rs 875 given showing, industry outlook; ‘Buy’ maintained
FY21 a stellar year for firm; FY22-24e EPS up 15%+; TP raised to Rs 198; ‘Buy’ retained
Returns likely to moderate after recent rally; FY22e EPS down 57%; ‘Buy’ rating retained with TP of Rs 150
Store additions in FY21 beat guidance; TP up to Rs 3,700; preferred pick in discretionary space; ‘Buy’ maintained
We stay optimistic on HAVL’s growth prospects beyond near term hiccups (Q1FY22). Buy. PTRs 1,190.
Getting back to business: Mr. Jagdishan highlighted that, while the bank had taken a cautious view over the past 1-1.5…
Banca tie-up & Covid reserve offer growth visibility: VNB estimates for FY22-23 up 2-4%; TP raised to Rs 1,200
H1FY22 to be impacted due to Covid curbs; FY22-23 EPS down 6-6.5%; valuations are attractive; ‘Buy’ retained
Covid curbs cloud near-term outlook though revival is expected in H2; FY22e EPS down c.4%; ‘Buy’ retained
Inventory gains led to beat; debt fell sharply; dividend payout a surprise; FY22/23e Ebitda down 8/5%; ‘Buy’ retained with TP…
Q4 Ebitda 7% below estimates; FY23e EPS up 19%; TP raised to Rs 850; ‘Buy’ maintained
A combination of focus on retailisation of deposits with higher rates than peers (150-200bps premium over larger banks), slower asset…
India sales were healthy in the quarter and were up 17% YoY. As per management, Alkem could get good traction…
Marketing volume growth was sharply ahead of industry growth. Marketing profitability is likely to be restored as crude cools and…
Margins to rise further in Q1; FY22-23e EPS up 44-68%; TP raised to Rs 820 from Rs 600
