Domestic wireless business withstood Covid-19 impact; ‘Buy’ retained with TP of Rs 700
Recovery was better than expected; fears of sharp fall in earnings recede; upgraded to ‘Neutral’ with TP of Rs 1,605.
On capital raise plans, company is planning to raise Rs 35 billion of capital via combination of equity (Rs 20…
Second part of lockdown could prolong Covid-19’s impact, with slow recovery extending beyond H1; ‘Sell’ retained with TP of Rs…
Post the resumption of operations, the Range Rover Sport, the new Range Rover Evoque, and the Land Rover Discovery Sport…
Margins should not be hit as hard as feared; deal signings key metric; Infosys, TCS and HCLT are top tier-1…
Q-o-q decline in AUM in Q1 in line with estimates; FY21/22e EPS up ~15% given prospects; ‘Neutral’ retained with TP…
However, domestic sales slowdown in recent years and continued inability to scale up margins and improve weak RoCEs in the…
It also leveraged technology, strong relationships with channel partners and was agile in meeting end-consumer demands.
FY21/22e Nifty EPS cut by 9/6%; FY21e Nifty EPS expected to decline by 3.7%.
VIL’s weak cash position with outstanding cash and equivalents of Rs 26.6 bn in FY20 and EBITDA of Rs 58.1…
Q4FY20 revenue/Ebitda declined ~57%/81% to ~Rs 3,840 crore/Rs 1,830 crore, with recurring loss of Rs 18 crore.
H1FY21 may be weaker than estimated; FY21/22e EPS lowered; MM, EIM top large cap picks; MSS in mid caps
Delay in award of projects could affect profitability; valuations do not factor in growth potential; ‘Buy’ retained with TP of…
Page Industries’ (PAG) 4QFY20 results missed estimates significantly on top line, and particularly, on EBITDA/PAT levels.
Earnings are expected to recover, led by gradual revival of US sales and better growth in DF; ‘Buy’ retained with…
Hindalco India (standalone+Utkal) Ebitda was up 18% q-o-q (6% y-o-y) to Rs 1,440 crore.
Oil & gas reported an Ebitda of Rs 870 crore, down 41% q-o-q (52% y-o-y), primarily due to lower oil…
