SBI Cards by Motilal Oswal Financial ServicesAnalysis dated 29 October 2024Sector: Bank – PrivatePrice on Analysis date: Rs. 685Target Rs. 750(9% upside potential)Target Period: 12 Months SBI Cards Stock Research Report Guides for elevated credit cost in the near term ♦ SBI Cards (SBICARD) reported a sharp miss on PAT (31% miss) at INR4.04b. ♦ […]
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Canara Bank by Motilal Oswal Financial ServicesAnalysis dated 29 October 2024Sector: Bank – PrivatePrice on Analysis date: Rs. 104Target Rs. 125(20% upside potential)Target Period: 12 Months Canara Bank Stock Research Report Asset quality improves further ♦ Canara Bank (CBK) reported 2QFY25 standalone PAT at INR40b (11.3% YoY growth, 6% beat) driven by lower opex. ♦ […]
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Bharti Airtel Ltd by Axis SecuritiesAnalysis dated 30 October 2024Sector: Telecommunication – Service ProviderPrice on Analysis date: Rs. 1636Target Rs. 1880(15% Upside potential)Target Period: 12 Months Bharti Airtel Ltd Stock Research Report Strong Business Matrix; ARPU Gains Continue Est. vs. Actual for Q2FY25: Revenue – BEAT; EBITDA Margin – BEAT; PAT – BEAT Changes In […]
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SIS Ltd by Axis SecuritiesAnalysis dated 30 October 2024Sector: Misc. Commercial ServicesPrice on Analysis date: Rs. 385Target Rs. 540(40% Upside potential)Target Period: 12 Months SIS Ltd Stock Research Report Better Recovery; Improving Outlook to Support Growth Est. Vs. Actual for Q2FY25: Revenue – BEAT ; EBITDA Margin – BEAT; PAT – BEAT Changes in Estimates […]
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CIPLA Ltd by Axis SecuritiesAnalysis dated 30 October 2024Sector: Pharmaceuticals & DrugsPrice on Analysis date: Rs. 1479Target Rs. 1700(15% Upside potential)Target Period: 12 Months CIPLA Ltd Stock Research Report Regulatory Hurdles Cloud the Outlook Est. Vs. Actual for Q2FY25: Revenue – INLINE; EBITDA Margin – BEAT; PAT – BEAT Changes in Estimates post Q2FY25. FY25E/FY26E: […]
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APL Apollo Tubes Ltd by Axis SecuritiesAnalysis dated 30 October 2024Sector: Iron & SteelPrice on Analysis date: Rs. 1516Target Rs. 1680(11% Upside potential)Target Period: 12 Months APL Apollo Tubes Ltd Stock Research Report EBITDA/t Miss on Inventory Loss; Headwinds Largely Behind Est. Vs. Actual for Q2FY25: Revenue – MISS; EBITDA/t – MISS; PAT – MISS […]
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Tata Communication by ICICI SecuritiesAnalysis dated 18 October 2024Sector: Telecommunications ServicesPrice on Analysis date: Rs. 1830Target Rs. 1855(1% Upside potential)Target Period: 12 Months Tata Communication Stock Research Report Warming up for growth… Tata Communications’ (TCom) H1FY25 revenue print was muted due to subdued orderbook in FY24, and longer deal conversion cycle. However, it has built […]
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Polycab India by ICICI SecuritiesAnalysis dated 18 October 2024Sector: CablesPrice on Analysis date: Rs. 7121Target Rs. 6790(-5% Downside potential)Target Period: 12 Months Polycab India Stock Research Report Capex led strong revenue growth momentum to continue Takeaways: (1) Polycab reported robust broad-based revenue growth YoY led by favourable demand tailwinds. All segments reported strong double digit […]
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Havells India by ICICI SecuritiesAnalysis dated 18 October 2024Sector: Electric EquipmentPrice on Analysis date: Rs. 1806Target Rs. 2120(17% Upside potential)Target Period: 12 Months Havells India Stock Research Report Strong B2C growth; Rural off-take and margin revival likely in H2FY25 Havells reported strong performance in B2C segment with 20% revenue growth YoY. Broad-based growth across segments […]
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Nestle India by ICICI SecuritiesAnalysis dated 18 October 2024Sector: Consumer FoodPrice on Analysis date: Rs. 2379Target Rs. 2350(-1% Downside potential)Target Period: 12 Months Nestle India Stock Research Report Underwhelming. Reiterate neutral stance Nestle’s Q2FY25 revenue growth was disappointing; it further de-accelerated to 1% YoY (vs 4% in Q1FY25) due to subdued consumer demand (urban has […]
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