ICICI Bank , 16%Upside Call & Research Report by Institutional Research at HDFC Securities. Analyst: Mr. Krishnan ASV Report Date: 3 February 2021 CMP Rs. 537 Target price Rs. 625 ICICI Bank (Q3FY21 Results Review) | More hits than misses; primed for multiple re-rating. Maintain BUY ICICI Bank reported a positive surprise on most operating […]
Read more..Cipla , 23%Upside Call & Research Report by Institutional Research at HDFC Securities. Analyst: Ms. Bansi Desai Report Date: 2 February 2021 CMP Rs. 826 Target price Rs. 1020 Cipla (Q3FY21 Results Review) Strong quarter, upbeat on outlook. Maintain BUY Cipla delivered yet another solid quarter, driven by healthy growth across businesses (India, CGA, Europe, […]
Read more..UTI AMC, 17%Upside Call & Research Report by Institutional Research at HDFC Securities. Analyst: Mr. Madhukar Ladha Report Date: 2 February 2021 CMP Rs. 556 Target price Rs. 650 UTI Asset Management Company (Q3FY21 Results Review) Market share stabilising. Retain BUY While UTIAM’s equity performance and market share have improved, high staff costs continue to […]
Read more..Axis Bank , 11%Upside Call & Research Report by Institutional Research at HDFC Securities. Analyst: Mr. Krishnan ASV Report Date: 28 January 2021 CMP Rs. 634 Target price Rs. 705 Axis Bank (Q3FY21 Results Review) One step forward… BUY AXSB continued to build higher-than-expected provisions on its pro forma portfolio as it continued to search […]
Read more..Kotak Mahindra Bank , Reduce Call & Research Report by Institutional Research at HDFC Securities. Analyst: Mr. Krishnan ASV Report Date: 28 January 2021 CMP Rs. 1795 Target price Rs. 1717 Kotak Mahindra Bank (Q3FY21 Results Review) Positives fully priced in. REDUCE KMB’s 3Q operating performance was in line with estimates, and was backed by […]
Read more..Crompton Consumer , 11% upside Call & Research Report by Institutional Research at HDFC Securities. Analyst: Mr. Naveen Trivedi Report Date: 28 January 2021 CMP Rs. 412 Target price Rs. 460 Crompton Consumer (Q3FY21 Results Review) Surprises continue; market share story intact. Maintain BUY Crompton continued its strong run in 3QFY21 as revenue/EBITDA grew by […]
Read more..UltraTech Cement , 20% upside Call & Research Report by Institutional Research Desk at HDFC Securities Analyst : Ms. Rajesh Ravi Report Date: 23 January 2021 CMP Rs. 5581 Target price Rs. 6720 UltraTech Cement (Q3FY21 Results Review) Solid show!. Maintain BUY UTCEM delivered yet another stellar quarter, as its 3QFY21 consolidated net sales/EBITDA/APAT soared […]
Read more..SRF , 12% upside Call & Research Report by Institutional Research Desk at HDFC Securities Analysts : Mr. Nilesh Ghuge,Mr. Harshad Katkar Report Date: 23 January 2021 CMP Rs. 5406 Target price Rs. 6080 SRF (Q3FY21 Results Review) | Returning to normalcy. ADD We retain our ADD rating on SRF with a target price of INR […]
Read more..Birla Corporation , 88% upside Call & Research Report by Institutional Research Desk at HDFC Securities Analyst: Mr. Rajesh Ravi Report Date: 23 January 2021 CMP Rs. 728 Target price Rs. 1371 Birla Corporation (Q3FY21 Results Review) Margin buoyancy continues. Maintain BUY Birla Corp’s (BCORP) 3QFY21 consolidated revenue/EBITDA/APAT surged 4/23/83% YoY to Rs 17.77/3.62/1.50bn respectively, led […]
Read more..DCB Bank , 35% upside Call & Research Report by Institutional Research Desk at HDFC Securities Analyst:Mr. Krishnan ASV Report Date: 23 January 2021 CMP Rs. 116 Target price Rs. 157 DCB Bank (Q3FY21 Results Review) | Provisioning cushion emerges ahead of expectations. Maintain ADD DCBB’s 3QFY21 earnings were significantly ahead of estimates on account […]
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