PRESTIGE ESTATES PROJECTS Stock Research Report by ICICI Securities Sector: Construction – Residential & Commercial Complexes CMP Rs. 458, Target Rs. 530 (16% upside potential) Target Period: 12 Months PRESTIGE ESTATES PROJECTS Stock Research Report: Record year, new launches key to achieving growth ambitions Prestige Estates Projects (PEPL) clocked record FY23 gross sales bookings of […]
Read more..Mutual Fund Top Buys and Sells Stock Research Report by ICICI Securities Top 10 Buys in Largecap Market Value (crs) Shares (lakhs) Mar-23 Feb-23 Mar-23 Feb-23 Samvardhana Motherson International Ltd. 5218 5198 7777 6527 Hindustan Aeronautics Ltd. 8118 6606 297 257 Indian Railway Catering And Tourism Corporation Ltd. 406 379 71 62 Marico […]
Read more..AU SMALL FINANCE BANK Stock Research Report by ICICI Securities Sector: Bank – Private CMP Rs. 580, Target Rs. 770 (33% upside potential) Target Period: 12 Months AU SMALL FINANCE BANK Stock Research Report: Top management continuity (3-year extension for MD / CEO) enhances visibility on execution AU SFB disclosed that it has received regulatory […]
Read more..TATA CONSULTANCY SERVICES Stock Research Report by ICICI Securities Sector: IT Services & Consulting CMP Rs. 3242, Target Rs. 3786 (17% upside potential) Target Period: 12 Months TATA CONSULTANCY SERVICES Stock Research Report: Right-shifting of demand as near-term negative sentiment takes a back seat Q4FY23 performance: Tata Consultancy Services (TCS) reported revenues of US$7,195mn, +0.6% […]
Read more..LTIMindtree, On a strong footing with both revenue and cost synergies in place; remains our top pick Call & Research Report by ICICI Securities Sector: IT Services & Consulting CMP Rs. 4567, Target Rs. 5651 (24% upside potential) Target Period: 12 Months We attended LTIMindtree (LTIM) Investor Day 2023 (on Mar 14), wherein the management […]
Read more..DATA PATTERNS, Raises Rs 500 crore growth capital… Call & Research Report by ICICI Securities Sector: Aerospace & Defence CMP Rs. 1290, Target Rs. 1555 (21% upside potential) Target Period: 12 Months Data Patterns (India) (DPIL) is a vertically integrated defence and aerospace electronics solutions provider catering to the indigenously developed defence products industry. • […]
Read more..KSB LTD, Strong operational performance… Call & Research Report by ICICI Securities Sector: Engineering – Industrial Equipments CMP Rs. 1920, Target Rs. 2390 (25% upside potential) Target Period: 12 Months KSB Ltd (formerly KSB Pumps Ltd), the Indian subsidiary of Klein Schanzlin & Becker (KSB) Germany, is one of the largest manufacturers and sellers of […]
Read more..VESUVIUS INDIA, Capex to drive growth… Call & Research Report by ICICI Securities Sector: Refractories CMP Rs. 1617, Target Rs. 1935 (20% upside potential) Target Period: 12 Months Vesuvius India (VIL) is a subsidiary of the Vesuvius Group, UK. It is a leading metal flow engineering company. The company supplies high performance refractory material to […]
Read more..ASTRAL LTD, Demand and margin trends remain favourable Call & Research Report by ICICI Securities Sector: Plastics – Tubes/Pipes/Hoses & Fittings CMP Rs. 1922, Target Rs. 2373 (24% upside potential) Target Period: 12 Months We interacted with the management of Astral Ltd (Astral) and following are the key takeaways: a) the demand trend in pipe […]
Read more..TTK PRESTIGE, Erasing the tag of a slow growth company; earnings CAGR higher than most peers over FY17-22 Call & Research Report by ICICI Securities Sector: Domestic Appliances CMP Rs. 756, Target Rs. 1000 (32% upside potential) Target Period: 12 Months The investors (we spoke to on TTK Prestige) believe that TTK is a slow […]
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