Mahindra Lifespace :Buy, 17 % Upside Call & Research Report by HDFC Securities Research Report Date: 16 April 2021 CMP Rs. 485 Target price Rs. 567 Our Take: Mahindra Lifespace Developers Ltd (MLDL) is a leading real estate and infrastructure development player, and a part of the USD 19.4 billion Mahindra Group. It came into […]
Read more..KPIT Technologies :Buy, 17 % Upside Call & Research Report by HDFC Securities Research Report Date: 16 April 2021 CMP Rs. 188 Target price Rs. 221 Our Take: KPIT Technologies Ltd (KPIT) expects significant improvement in revenue, led by new deal wins and increase in offshore billing. The company derives most of its revenue (~70%) […]
Read more..Wipro : No major Upside Call & Research Report by HDFC SecuritiesResearchReport Date: 17 April 2021CMP Rs. 469 Target price Rs. 475 We maintain ADD on Wipro, following a strong revenue performance and better than expected margin performance. Revenue growth of 3.0% QoQ CC was broad-based and 1QFY22 guidance of +2-4% QoQ growth indicates a […]
Read more..Infosys :Buy, 10 % Upside Call & Research Report by HDFC SecuritiesResearch Report Date: 15 April 2021 CMP Rs. 1399 Target price Rs. 1540 Buy the dip We maintain BUY on Infosys (INFY), based on strong growth visibility for FY22 (despite the 4Q revenue miss on offshore impact). INFY’s net-new large deal wins of USD […]
Read more..Torrent Pharma :Buy, 2 % Upside Call & Research Report by HDFC Securities Research Report Date: 4 April 2021 CMP Rs. 2566 Target price Rs. 2620 Torrent’s Q1 EBITDA margin expanded to 32.1% (+540bps YoY) largely driven by favorable product mix and cost savings. India (+2% YoY) and Brazil (+1% YoY, cc terms) businesses demonstrated […]
Read more..Lumax Industries :Buy, 18 % Upside Call & Research Report by HDFC Securities Research Report Date: 11 April 2021 CMP Rs. 1570 Target price Rs. 1850 Our Take: Lumax Industries has been consistently evolving in its product innovation with its in-house design and development capabilities by introducing new generation LED products. Lumax Industries enjoys ~50% […]
Read more..The Technical Angle @ EOD 1 Oct 20by Mr. Nagaraj Shetti, India`s highly RenownedTechnical Research Analyst HDFC Securities Nifty witnessed sharp upside bounce on Thursday, after showing a range movement in the last couple of sessions and closed the day on a hefty gains of 169 points. A long bull candle was formed with gap […]
Read more..Quote on Today`s Market Performance (EOD 24 Sept 2020)byMr. Deepak Jasani, Head Retail Research, HDFC Securities Indian benchmark indices fell sharply for the 6th consecutive session on the F&O expiry day witnessing their biggest single-day drop in over four months. At close the Nifty was down 326.40 points or 2.93% at 10805.50. Volumes on the […]
Read more..