Angel One : Large customer Acquisitions Call & Research Report by Motilal Oswal Research Sector :Capital Market CMP Rs. 1633, Target Rs. 1900 ( 16 % upside potential) Target Period : 12 Months Angel One (Angel) released its monthly update highlighting the key business numbers for Feb’22. The key takeaways are as follows: Gross […]
Read more..Hindustan Aeronautics : Strong order book Call & Research Report by ICICI Direct Research Sector : Defence CMP Rs. 1421, Target Rs. 2618 ( 90 % upside potential) Target Period : 12 Months Hindustan Aeronautics (HAL) procures Rs40-42bn worth of spares and parts (used in ROH) from Russia, for which it has maintained inventory to […]
Read more..Bharat Forge : Growth levers in placeCall & Research Report by Motilal Oswal ResearchSector : Metal & ForgingCMP Rs. 670, Target Rs. 860 ( 28 % upside potential)Target Period : 12 Months Aluminum forging to benefit from EVs; e-mobility plan offers optionalityCyclical recoveries across key businesses and contributions from the new businesses areexpected to propel […]
Read more..Natco Pharma : long list of Approvals Call & Research Report by ICICI Direct Research Sector : Pharma CMP Rs. 841, Target Rs. 1021 ( 20 % upside potential) Target Period : 12 Months Natco Pharma’s (Natco) Partner Teva has launched Revlimid (lenalidomide capsules), in 5mg, 10mg, 15mg, and 25mg strengths, in the US. Teva […]
Read more..Jindal Drilling : huge operational excellence Call & Research Report by HDFC Securities Research Sector : Retail CMP Rs. 218, Target Rs. 283 ( 30 % upside potential) Target Period : 12 Months Jindal Drilling & Industries Limited (JDIL), a part of the D.P. Jindal Group, is a leading company in offshore drilling in India’s […]
Read more..Phoenix Mills : Consumption Recovery to help Call & Research Report by ICICI Direct Research Sector : Retail CMP Rs. 949, Target Rs. 1336( 40 % upside potential) Target Period : 12 Months The Phoenix Mills (PHNX) has seen Feb’22 mall consumption recovering to 94% of pre-Covid levels on like-to-like (LTL) basis after Jan’22 LTL […]
Read more..TCI Express : Volumes back to pre-COVID levels Call & Research Report by Motilal Oswal research Sector : Logistics CMP Rs. 1803, Target Rs. 2130 ( 18% upside potential) Target Period : 12 Months We reiterate our Buy rating on TCIE with a revised TP of INR2,130, implying a potential upside of 25%. Our investment […]
Read more..Varun Beverages : Diversified growth strategy Call & Research Report by Motilal Oswal research Sector : FMCG : Cold Drinks CMP Rs. 916, Target Rs. 1175 ( 28% upside potential) Target Period : 12 Months VBL has a diversified growth strategy, with multiple levers in place to drive its long-term growth. We expect volume growth […]
Read more..Muthoot Finance : Rising Gold prices to help Call & Research Report by Motilal Oswal research Sector : NBFC CMP Rs. 1427, Target Rs. 1750 ( 22% upside potential) Target Period : 12 Months Muthoot Finance (‘MUTH’) is our top pick for CY22 in the NBFC Lending space. Our investment idea is premised on our thesis of […]
Read more..Ipca Laboratories : Formulation segment remains an outperformer Call & Research Report by Motilal Oswal research Sector : Pharmacueticals CMP Rs. 1013, Target Rs. 1190 ( 17% upside potential) Target Period : 12 Months The Domestic Formulation segment remains an outperformer IPCA’s 3QFY22 earnings was lower than our estimate. The reduced business in Sartans […]
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