Asset sweating to boost cash flows; stock offers best blend of earnings growth and cheap valuations; ‘Buy’ retained
Product pipeline is a major positive; demand, other tailwinds, likely to boost margins; ‘Buy’ retained with target price of Rs…
Auto business continued to improve; farm segment margin at a five-year low; ‘Buy’ rating maintained.
The management said international flights operated in March were more than 100, and are 90% of their pre-Covid levels in…
Strong demand, favourable product lifecycle boost prospects; FY23/24e EPS up 7/3%; ‘Buy’ maintained with target price of Rs 10,000
FY23 guidance disappointed; FY23/24e EPS up 3/4% due to high LME prices; target price raised to Rs 370
B/S position to allow smooth funding; PAT CAGR of 63% estimated over FY21-24e; Buy retained with TP of Rs 665
Deal’s fairly valued; EPS for FY23/24e raised by 6.8/6.6%; valuations are inexpensive; ‘Buy’ retained
The timing of the deal was unclear considering the recovery in the cinema industry and the strong pipeline of movies,…
EPS CAGR of 24% estimated over FY22-25e; Buy retained with target price of Rs 860
EPS for FY23/24e cut by 5.4/6.5% due to near-term headwinds; structural opportunity intact; ‘Buy’ retained with TP of Rs 3,680
Revival in retail loans is a positive; earnings outlook remains strong; stock a high-conviction ‘Buy’ with TP unchanged at Rs2,000.
The near-term repayment needs have been met but cash is required for capex; ‘Neutral’ rating maintained
Valuation of Viatris’ biz is expensive; FY23/24e EPS up 3.4/15% with TP at Rs 385; ‘Neutral’ retained given limited upside
Management has guided for production of 21mmt/24.3bcm of oil/gas for FY23E and 24mmt/32bcm of oil/gas for FY24E, respectively
Govt has pruned the budgeted fiscal deficit to 6.4% of GDP for FY23. Yet, it is interesting to note that…
SBILIFE saw its shareholder PAT decline 18% YoY to Rs 2.47billion on higher Covid-19 claims. SBI MF reported a 31%…
Tractor numbers below par; momentum in PV/CVs was sustained; 2Ws are yet to recover; MSIL, AL top picks
