FY22/23e Ebitda up 34/37%; TP revised to Rs 104; valuations attractive; ‘Buy’ retained
This deal should also incorporate lease agreements and the sites in these regions. This transaction is expected to be completed…
HCL remains one the most attractive stocks in our coverage, trading at 15x FY23E P/E (38%/26% discount to TCS /Infosys),…
Growth momentum is likely to accelerate; earnings CAGR of 47% is estimated over FY21-23; upgraded to ‘Buy’
On the core business side, we expect strength in the export markets to continue, especially since the Africa business would…
Margins likely to converge with its peers; coverage initiated with ‘Buy’ and TP of Rs 350
It has several levers to grow faster than industry; ‘Buy’ retained with TP of Rs 1,750
In the last one-year, the Apparel retail sector has been one of the worst hit and is still operating below…
Apart from early deliveries (online shopping), exclusive deals, and video/audio content, food delivery is another angle for entry into the…
The pact allows UPL access to key markets prior to the patent expiry and to commercialise Rynaxypyr Active: FMC’s leading…
Gujarat State Petroleum has a 54% stake in Gujarat Gas (GUJGA), which amounts to a market capitalization of Rs 197b,…
SBI Cards and Payments Services (SBICARD) has strengthened its position as the second-largest card player in the country — with…
It is poised to gain market share in biscuits; valuations are inexpensive; upgraded to ‘Buy’ with TP of Rs 4,120
The Ministry of Power (MoP) has issued a notification on Late Payment Surcharge (LPS).
Maruti (MSIL) eyes ~12.7% volume CAGR in passenger vehicles (PV) in Asia (excluding Japan) over CY20-25.
RIL in a recent presentation announced initiation of the formal process of carving out the O2C business into a wholly…
Gujarat Gas (GUJGA) has proved to be a clear outperformer since the curbing of polluting fuels at Morbi – an…
Decline in capitalisation could impact growth; valuations are attractive; TP raised to Rs 248; ‘Buy’ rating maintained
