
The reduction in iron prices was as per expectations; ‘Buy’ rating maintained with target price of Rs 185
The reduction in iron prices was as per expectations; ‘Buy’ rating maintained with target price of Rs 185
What was even more remarkable was that this margin improvement was achieved in a quarter that still did not see…
Earnings CAGR of 17% is estimated over FY21-24e; coverage initiated with ‘Buy’ rating and TP of `870
Valuation is reasonable; deal in keeping with firm’s strategy; it is in a position now to focus on loan book…
Sustainable demand momentum for Cloud and Digital Engineering benefits HCLT, given its large presence within IMS and ER&D and continued…
A robust order book and stronger balance sheet augurs well for firm; ‘Buy’ retained with TP of Rs 175
Merger addresses past concerns; entity to have war chest to intensify OTT foray; upgraded to ‘Buy’ with revised TP of…
The funding will be channelized to expand Monster’s presence in the job search and training market.
Analyst move a positive for investors; concerns over prospects remain; Neutral retained with TP of `240, though valuation is cheap
EPS CAGR of 21% estimated over FY21-23e; TP revised to Rs 990; ‘Neutral’ retained as valuation leaves limited upside from…
Earnings CAGR of 36% estimated over FY21-23e; ‘Neutral’ retained with TP of Rs 360 as price factors in upside over…
In the past six quarters, ISEC’s Retail Brokerage revenue have been in the Rs 3-3.5b range, in spite of a…
Margins are likely to be broadly stable; protection and retirement to be key focus areas; ‘Buy’ retained with target price…
FY22 despatch guidance revised upwards; stock is attractively valued; price hike in offing; TP raised to `200; ‘Buy’maintained
We cut our FY22E/FY23E EPS by ~29%/14% to factor in for RM cost inflation and higher other expenses. Maintain Neutral.
The ramp up at Visakhapatnam would face higher challenges as the slurry hydrocracker is a relatively new technology, without a…
Given the sharp rally in markets, valuations have become expensive and can be sustained only through consistent earnings delivery
Key operating parameters confirm our thesis of margin normalization from highs of FY21 even amid a strong demand environment.