Dalmia Bharat : Strong upside possible Call & Research Report by Anand Rathi Research Report Date: 31 October 2021 CMP Rs. 2014, Target Rs. 2596 Target Period : 2 Quarters High costs pressurised Dalmia’s operating performance, whereas revenue grew 9% y/y despite a seasonally weak quarter due to the monsoon. The divestment of a non-core […]
Read more..Indian Bank :Strong upside possible Call & Research Report by Anand Rathi Research Report Date: 31 October 2021 CMP Rs. 172, Target Rs. 200 Target Period : 1 Quarters Indian Bank’s Q2 FY22 saw improved profitability, with RoA of 0.7% (up 41bps y/y) and much better collection efficiency. However, asset quality was under pressure with […]
Read more..Titan: Still Strong upside possible Call & Research Report by ICICI Securities Research Report Date: 7 October 2021 CMP Rs. 2375, Target Rs. 2550 Target Period : 2 Quarters About the stock: Titan has transformed itself from a watch maker into an enviable lifestyle company, with jewellery being the leading vertical (82% of revenues). Robust […]
Read more..Dabur India : Strong upside possible Call & Research Report by HDFC Securities Research Report Date: 6 October2021 CMP Rs. 616 Target Rs. 716 Target Period : 2 Quarters Founded in 1884 in Bengal by Dr. SK Burman to mass produce and dispense Ayurvedic medicines for diseases such as cholera, malaria and plague,Dabur India Ltd. […]
Read more..ICICI Bank : 22% upside possible Call & Research Report by Axis Securities Research Report Date: 14 September 2021 CMP Rs. 716 Target Rs. 870 Target Period : not Mentioned Well-placed For Sustainable Growth! We initiate coverage on ICICI Securities (ISEC) with a BUY recommendation and a Target Price of Rs 870/share, implying an upside […]
Read more..APL Apollo Tubes: 21% upside possible Call & Research Report by Motilal Oswal Research Report Date: 7 September 2021 CMP Rs. 1702 Target Rs. 2065 Target Period : 2 Quarters APL Apollo Tubes (APAT) is the largest manufacturer of Structural Steel Tubes in India, which finds applications in residential and commercial buildings, warehouses, factories, Agriculture, […]
Read more..HDFC Life: 16% upside possible Call & Research Report by ICICI Securities Research Report Date: 5 September 2021 CMP Rs. 735, Target Rs. 850 Target Period : 2 Quarters HDFC Life has announced the 100% acquisition of Exide Life for consideration of INR66.87b, of which INR7.26b would be paid in cash. Furthermore, the company would […]
Read more..Max financial Service: 18% upside possible Call & Research Report by HDFC Securities Research Report Date: 6 September 2021 CMP Rs. 1067, Target Rs. 1259 Target Period : 2 Quarters Indian life insurance space provides a multi decadal growth story. Despite healthy growth in past 20 years, it is still at a nascent stage. It […]
Read more..Easy Trip Planners: 24% upside possibleCall & Research Report by Anand Rathi Securities Research Report Date: 1 September 2021CMP Rs. 444, Target Rs. 550Target Period : 2 Quarters The company reported strong revenue growth from operations of 425.6% year-on-year at ₹187 million. The second wave affected nearly one and a half month of quarter […]
Read more..Banco Products: 25% upside possible Call & Research Report by HDFC Securities Research Report Date: 1 September 2021 CMP Rs. 212, Target Rs. 265 Target Period : 2 Quarters Banco Products India Ltd. (BPIL) has established track record and strong position in engine cooling modules catering to multiple end-user industries. It manufactures Engine Cooling Modules […]
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