Higher mobile ARPU drove results; company well hedged for growth; ‘Buy’ maintained with unchanged TP of Rs 855

Lower provisions drove net income; 3.2/-1.3/-1.2% change in FY22/23/24e EPS; ‘Neutral’ maintained with revised TP of Rs 2,060

Margins are expected to rise; FY22/23/24e EPS revised by (3)/4/4%; TP up to Rs 3,875

FY22 revenue guidance up to 19.5-20%; FY22-24e EPS up 1.5-3.2%; TP raised to Rs 2,440; ‘Buy’ rating retained; top sector…

Firm likely to gain healthy market share over next 12 months, translating into ~6-8% of FY23e EPS; ‘Buy’ retained with…

FY22/23/24e EPS down ~10-11%; TP reduced to Rs 3,202; upgraded to ‘Buy’ rating

Covid-related demand has softened; services firms may see earnings being cut; SUNP and DRRD placed the best

Demand expected to grow by 4% y-y; margins to fall sharply due to higher input costs and lower realisations

Pre-quarterly update shows sequential rise in margins; Ebitda growth of c.+9% is estimated; ‘Buy’ maintained

The new model starts at a price of Rs 184k, which is Rs 5k higher compared with the previous generation…

Exide Life saw EV CAGR of just 8% over FY18-21; but deal size is not large and operating metrics could…

Stretched valuations, asset quality concerns for street; but long-term story’s intact; ‘Neutral’ rating maintained

Estimates tweaked to factor in listing of API subsidiary; ‘Buy’ maintained with an unchanged TP of Rs 757

FY22-23e earnings down 3-4% on lower assumption of volume for Dahej; TP cut to Rs 235; ‘Neutral’ retained

FY22e EPS up 28% due to pandemic tailwind; TP raised to Rs 4,746; ‘Buy’ maintained

Near-term growth outlook is subdued; FY22/23e EPS down 5/1%; TP reduced to Rs 3,171; ‘Neutral’ retained

Margins likely to compress with seasonal price cuts and rising input costs; ‘Reduce’ retained with TP of Rs 26,500