Infosys Ltd by Axis SecuritiesAnalysis dated 18 October 2024Sector: IT Services SectorPrice on Analysis date: Rs. 1969Target Rs. 2200(12% Upside potential)Target Period: 12 Months Infosys Ltd Stock Research Report Broad-based Growth; Management Upgrades Guidance for FY25 Est. vs. Actual for Q2FY25: Revenue – Beat ; EBITDA Margin – Beat; PAT –Beat ; Deal Wins – […]
Read more..
Wipro Ltd by Axis SecuritiesAnalysis dated 18 October 2024Sector: IT Services SectorPrice on Analysis date: Rs. 529Target Rs. 470(-11% Downside potential)Target Period: 12 Months Wipro Ltd Stock Research Report Miss on Growth Estimates; Outlook Weak Est. Vs. Actual for Q2FY25: Revenue – MISS ; EBITDA Margin – MISS; PAT –MISS; Deal Wins – BEAT Changes […]
Read more..
Nestle India Ltd by Axis SecuritiesAnalysis dated 18 October 2024Sector: Consumer Food – FMCGPrice on Analysis date: Rs. 2379Target Rs. 2640(11% Upside potential)Target Period: 12 Months Nestle India Ltd Stock Research Report Short-Term Turbulence Continues, Long-Term Outlook Remains Intact; Maintain BUY Est. Vs. Actual for Q2FY25: Revenue – MISS; EBITDA – MISS; PAT – BEAT Changes […]
Read more..
LTIMINDTREE Ltd by Axis SecuritiesAnalysis dated 18 October 2024Sector: IT Services & ConsultingPrice on Analysis date: Rs. 6401Target Rs. 6720(5% upside potential)Target Period: 12 Months LTIMINDTREE Ltd Stock Research Report Results Beat Expectations; Improved Outlook Est. Vs. Actual for Q2FY25: Revenue – BEAT ; EBITDA Margin – BEAT ; PAT – BEAT Change in Estimates […]
Read more..
Axis Bank by Motilal Oswal Financial ServicesAnalysis dated 17 October 2024Sector: Bank – PrivatePrice on Analysis date: Rs. 1131Target Rs. 1225(8.0% upside potential)Target Period: 12 Months Axis Bank Stock Research Report ⇒ Axis Bank (AXSB) reported 2QFY25 net profit of INR69.2b (up 18% YoY, 4% beat) as tax reversals and treasury gains offset higher provisions. […]
Read more..
Manappuram Finance by Axis SecuritiesAnalysis dated 18 October 2024Sector: Finance – NBFCPrice on Analysis date: Rs. 177Target Rs. 175(-1.0% Downside potential)Target Period: 12 Months Manappuram Finance Stock Research Report The RBI has initiated action against select NBFCs and NBFC-MFIs and issued directions to cease and desist from sanctioning and disbursing loans effective from the close […]
Read more..
Mahindra Finance by Emkay Global Financial ServicesAnalysis dated 18 October 2024Sector: Finance – NBFCPrice on Analysis date: Rs. 281.4Target Rs. 360(28.0% upside potential) Target Period: 12 Months Mahindra Finance Stock Research Report We upgrade MMFS to BUY with our revised Sep-25E TP of Rs360 (implying FY26E P/BV of 2x; up from Rs280 earlier), as we see […]
Read more..
Karur Vysya Bank by Emkay Global Financial ServicesAnalysis dated 17 October 2024Sector: Bank – PrivatePrice on Analysis date: Rs. 216.9Target Rs. 300(38.3% upside potential) Target Period: 12 Months Karur Vysya Bank Stock Research Report Karur Vysya Bank (KVB) continues to deliver strong earnings growth with PAT at Rs4.7bn and peer-best RoA at ~1.7%, driven by strong […]
Read more..
Axis Bank by Emkay Global Financial ServicesAnalysis dated 18 October 2024Sector: Bank – PrivatePrice on Analysis date: Rs. 1131.9Target Rs. 1400(23.7% upside potential) Target Period: 12 Months Axis Bank Stock Research Report Axis Bank reported another soft quarter with credit growth slipping to 11% YoY, while higher slippages/w offs led to elevated provisions (including contingent provisions). […]
Read more..
Jana Small Finance Bank Stock Research Report by ICICI SecuritiesAnalysis dated 14 October 2024Sector: Small Finance BankPrice on Analysis date: Rs. 563Target Rs. 630(12% upside potential) Target Period: 12 Months Jana Small Finance Bank (Jana), over the past six years, has undergone a significant metamorphosis – post a change in guard in Aug’17 (Mr. Ajay Kanwal […]
Read more..