ICICI Bank : Buy, 26 % Upside Call & Research Report by Anand Rathi Research Report Date: 4 May 2021 CMP Rs. 592 Target price Rs. 750 ICICI Bank Limited has reported a net interest income growth of 17% in its Q4-FY21 standalone results at ₹104,310 million as against ₹89,270 million in Q4-FY20, driven […]
Read more..HDFC Life Insurance: Buy, 17 % Upside Call & Research Report by Anand Rathi Research Report Date: 2 May 2021 CMP Rs. 672 Target price Rs. 791 ❑ HDFC Life Insurance Company Ltd. reported 21.6% year-over-year (y/y) increase in gross premium to ₹129,102 million in Q4FY21, driven by strong growth in new business premium to […]
Read more..Atul ltd : Buy, 25 % Upside Call & Research Report by Anand Rathi Research Report Date: 2 May 2021 CMP Rs. 8088 Target price Rs. 10100 Backed by the strong domestic-market recovery, as expected Atul’s Q4 revenue/EBITDA/PAT grew 15.6%/35.2%/23.9% y/y. On the back of its greater focus on retail/branded products, ongoing capex to support […]
Read more..Cyient : Buy, 30 % Upside Call & Research Report by Anand Rathi Research Report Date: 26 April 2021 CMP Rs. 699 Target price Rs. 900 Cyient’s Services at $120m (up 2.5% q/q organically, down 12% y/y) started growing after five quarters. It is likely to persist as growth was broad-based in Q4 with A&D […]
Read more..Indian Hotels :Buy, 24 % Upside Call & Research Report by Anand Rathi Research Report Date: 12 April 2021 CMP Rs. 105 Target price Rs. 130 Best play in the hotel sector; retaining a Buy After Covid subsides, we expect Indian Hotels to outclass others, driven by its dominance in the Indian hotel sector, strong […]
Read more..Relaxo Footwear :Buy , 26 % Upside Call & Research Report by Anand Rathi ResearchReport Date: 4 April 2021CMP Rs. 945 Target price Rs. 1193 Rationale: Relaxo Footwear Ltd. was incorporated in September 1984 and its promoters have been involved in the footwear business for over three decades. Over this period, the company has successfully […]
Read more..CDSL ltd , 22 % Upside Call & Research Report by Anand Rathi Research Report Date: 27 February 2021 CMP Rs. 620 Target price Rs. 760 Commencing operations in 1999, Central Depository Services (India) Ltd. (CDSL) facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades executed on stock […]
Read more..Sail ltd , 27 % Upside Call & Research Report by Anand Rathi Research Report Date: 27 February 2021 CMP Rs. 74 Target price Rs. 94 Rationale: Steel Authority of India Limited (SAIL) is one of the largest steel-making companies in India and one of the Maharatna’s of the country’s Central Public Sector Enterprises. […]
Read more..Hindustan Unilever , 16 % Upside Call & Research Report by Anand Rathi Research Report Date: 18 February 2021 CMP Rs. 2164 Target price Rs. 2524 FY20. The domestic consumer growth during the quarter was 7% with underlying volume growth at 4%. The company has seen a strong sequential pickup in the quarter and expects this […]
Read more..SRF , 18% upside Call & Research Report by Anand Rathi Research Report Date: 27 January 2021 CMP Rs. 5365 Target price Rs. 6340 SRF Limited is a chemical-based multi-business conglomerate engaged in the manufacturing of industrial and specialty intermediates. The company’s business is segmented into four segments Technical Textiles Business (TTB), Specialty Chemicals Business […]
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