Prabhudas Lilladher

Articles By Prabhudas Lilladher

12 Articles

Stock corner: Maintain ‘accumulate’ on Siemens, target price Rs 1,221 – Prabhudas Lilladher

Our management meeting with SIEM indicated the sustained thrust of the company to transform itself from being a product company (62-65% of sales) to a complete solution provider.

Markets News

Stock corner: Maintain ‘buy’ on NIIT Tech with target price of Rs 1,539

Barings have earlier acquired Hexaware at inexpensive valuations(10.2x) and then then they improved its capital allocation, offered access to portfolio companies, revenue growth accelerated which helped in re-rating the P/E o

Markets News

Analyst Corner| Retain ‘buy’ on Nocil, price target Rs 252

Nocil’s management remains focused over R&D with the development of new process technologies patented in US, EU and India.

Markets News

Analyst Corner| Retain ‘accumulate’ on Axis Bank with target price of Rs 845

Axis Bank hosted an analyst day to showcase the path ahead to the goal of higher sustainable ROEs of 18% with key business verticals & subsidiaries articulating detailed strategy.

Analyst Corner: Retain ‘accumulate’ on Axis Bank, TP Rs 845 News

Analyst Corner: Acceleration in sales growth expected for Agro Chemicals

Agrochemical Industry is showing initial signs of recovery post severe pressures witnessed in the past 3 years mainly due to adverse timing & spatial distribution of rainfall, lower than expected pest incidence and short supp

Agro Chemicals, Agrochemical Industry, DAGRI, BYRCS, CAGR News

Analyst Corner: ‘Buy’ on confidence Petroleum India with a Target Price of Rs 65

It is the leading private sector player in the auto LPG segment with over 150 stations in Andhra Pradesh, Karnataka, Tamil Nadu, Telangana and Maharashtra.

Markets News

Analyst Corner: ‘Hold’ Coal India with revised Target Price of Rs 270

Overall volumes growth would remain weak for rest of FY19e and FY20e due to poor rail connectivity at newly commissioned mines and peaked out Road/Belt route. We factor in 4.8%/5.5% growth in FY19e/FY20e.

Markets News

Analyst Corner: Upgrade Nestle India to ‘accumulate’ from ‘hold’

Nestle is creating distribution clusters to fill up white spaces in distribution and increase penetration to cater to small towns and interiors.

Markets News

Revise Mindtree EBIDTA margin estimates to 16.5%

Mindtree results beat our estimates in dollar revenues, EBIDTA margin and PAT.

Mindtree, Mindtree EBIDTA margin, PAT, BFSI, mindtree revenue growth News

M&M gets buy rating by Prabhudas Lilladher

M&M’s volumes continue to be driven by strong demand in tractors and a cyclical recovery in the LCV segment.

mahindra and mahindra, m&m volume, cyclical recovery, lcv segment, uv business, market share, rural economy News

Mas Fin asset quality to grow at 25 per cent for next few years

We met the management of MAS Financial Services (MASFIN) mainly lending to MSE, SME and individuals with total AUM of Rs 36.6billion as of H2FY18.

Mas Fin, MAS Financial Services, MASFIN, MSE, SME News

Analyst Corner: Buy ACC on strong demand outlook

We maintain our ‘buy’ rating on ACC with target price of R1,650 at EV/T of $140 CY15e capacity...

Analyst Corner: Buy ACC on strong demand outlook