Crompton Consumer : Buy, 23 % Upside Call & Research Report by Anand Rathi Research Report Date: 27 July 2021 CMP Rs. 470, Target Rs. 579 ( 23% upside) Target Period : Not Mentioned Crompton’s market-share gains continued in Q1 (fans up 1%, dominant position in geyser/domestic pumps/B2C LED). B2B/B2G lighting remained in the slow […]
Read more..IRCTC ltd : Buy Call & Research Report by Anand Rathi Research Report Date: 12 July 2021 CMP Rs. 2260 Target price Rs. 2860 In...
You must subscribe to our premium plans to view this content. CLICK HERE to Subscribe ! Read more..Karur Vysya Bank : Buy , 34 % Upside Call & Research Report by Anand Rathi Research Report Date: 2 June 2021 CMP Rs. 54 Target price Rs. 75 Lower Treasury income and higher opex led to ~2.8% drop in KVB’s operating profit. With an FY21 slippage rate under 2% (the lowest in last six […]
Read more..GSFC: Buy , 34 % Upside Call & Research Report by Anand Rathi Research Report Date: 5 June 2021 Price on the Day of Report Rs. 112 Target price Rs. 150 The company’s total operating income de-grew marginally by 6.6% and stood at ₹17,404 million during Q4FY21. Consolidated EBITDA remains flat to ₹1,451 million […]
Read more..TTK Prestige : Buy , 20 % Upside Call & Research Report by Anand Rathi Research Report Date: 27 May 2021 Price on the Day of Report Rs. 8211 Target price Rs. 9897 Despite the challenging times, TTK Prestige has emerged stronger in FY21 and is set to benefit from a shortening replacement cycle and […]
Read more..Heidelberg Cement : Buy , 25 % Upside Call & Research Report by Anand Rathi Research Report Date: 1 June 2021 CMP Rs. 251 Target price Rs. 313 The complete-lockdown-hit low-base quarter aided its Q4 volume growth; rising input costs, however, slashed Heidelberg’s operating performance. Its focus remains on brand positing and increasing the share […]
Read more..Ramco Cement : Buy , 20 % Upside Call & Research Report by Anand Rathi Research Report Date: 27 May 2021 Price at the time of Report Rs. 960 Target price Rs. 1150 On the low base, greater demand, and cost optimisation, Ramco’s Q4 revenue/EBITDA/PAT grew 18%/63%/47%. Lockdown restrictions delayed for a few months the […]
Read more..Bajaj Electricals : Buy , 22 % Upside Call & Research Report by Anand Rathi Research Report Date: 27 May 2021 CMP Rs. 1128 Target price Rs. 1376 On weak EPC (revenue down 49% y/y, -2.8% EBIT margin) and CPs (revenue up 30% y/y (vs. 40% ARe), 8.8% EBIT impacted by RMC, seasonality (fans) and […]
Read more..Lux Industries : Buy , 24 % Upside Call & Research Report by Anand Rathi Research Report Date: 27 May 2021 CMP Rs. 2690 Target price Rs. 3344 With 17%/52% y/y revenue/PAT growth, Lux ended FY21 on a sound footing. Driven by greater profitability and better working capital, FCF jumped ~135% y/y. In the year, […]
Read more..Mphasis : Buy , 26 % Upside Call & Research Report by Anand Rathi Research Report Date: 21 May 2021 Price Rs. 1789 on day of Report, now Rs 1830 Target price Rs. 2260 With its FY21 revenue up 6% to $1.31bn and TCV (net new) up 51% to $1.1bn, Mphasis ended FY21 on a […]
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