Company Report
Company reports go into material details like financial results, management interaction and activity, growth prospects for the company, valuation data, and so much more.
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AAVAS Financiers
26 Jul 2024
CMP
₹1,746.95
Target Price
₹1,800
MO Reco.
Neutral
- AAVAS Financiers reported 1QFY25 PAT growth of 15% YoY.
- AUM grew by 22% YoY, with disbursements slightly muted.
Craftsman Auto
26 Jul 2024
CMP
₹5,323.85
Target Price
₹5,965 (12% )
MO Reco.
Buy
- Craftsman Automation reported a weak 1Q performance with PAT..
- The company's aluminum segment margins were impacted by wea..
PNB Housing
26 Jul 2024
CMP
₹793.85
Target Price
-
MO Reco.
Buy
- PNB Housing 1QFY25 Result Update for NBFCs sector
- Financial snapshot and ratios for PNB Housing
Westlife Food
26 Jul 2024
CMP
₹833.55
Target Price
₹775
MO Reco.
Neutral
- Westlife Foodworld reported flat YoY sales of INR6.2b in 1QF..
- Same store sales declined 6.7% YoY, while off-premise busin..
Larsen & Toubro
25 Jul 2024
CMP
₹3,679.90
Target Price
₹4,150 (13% )
MO Reco.
Buy
- Teena Virmani Harsh Tewaney 25 July 2024 1QFY2 5 Result Upda..
- Financial snapshot and ratios of Larsen & Toubro
SBI Life Insuran
25 Jul 2024
CMP
₹1,750.95
Target Price
₹1,900 (9% )
MO Reco.
Buy
- SBI Life Insurance reported a decent performance in 1QFY25 w..
- The VNB margin contracted to 26.8% in 1QFY25.
AU Small Finance
25 Jul 2024
CMP
₹650.40
Target Price
₹735 (13% )
MO Reco.
Buy
- AUBANK reported strong earnings with controlled opex and imp..
- Advances grew 5% QoQ, led by retail and wholesale
Canara Bank
25 Jul 2024
CMP
₹113.86
Target Price
₹133 (17% )
MO Reco.
Buy
- Canara Bank's 1QFY25 PAT driven by lower provisions and NII ..
- NIM contracted due to a change in accounting policy.
Cyient
25 Jul 2024
CMP
₹1,789.90
Target Price
₹2,070 (16% )
MO Reco.
Buy
- Cyient's 1QFY25 results update and financials
- Revenue and profitability miss, execution challenges
Jyothy Labs
25 Jul 2024
CMP
₹548.45
Target Price
₹565
MO Reco.
Neutral
- Jyothy Laboratories (JYL) reported 8% YoY revenue growth in ..
- The company delivered a volume growth of 11% and focused on..
Laurus Labs
25 Jul 2024
CMP
₹449.05
Target Price
₹505 (12% )
MO Reco.
Buy
- Laurus Labs 1QFY25 results update in healthcare sector.
- Financials & valuation details for FY24, FY25E, and FY26E.
MAS FINANC SER
25 Jul 2024
CMP
₹289.60
Target Price
₹360 (24% )
MO Reco.
Buy
- Motilal Oswal research is available on various platforms lik..
- MAS Financial Services' financials and valuations are detai..
Mahindra Life.
25 Jul 2024
CMP
₹609.65
Target Price
₹3,300 (441% )
MO Reco.
Buy
- Mahindra & Mahindra's FY24 annual report update.
- Financials & Valuation: Sales, EBITDA, Adj. PAT, EPS, Ratio..
Mahindra Life.
25 Jul 2024
CMP
₹609.65
Target Price
₹600
MO Reco.
Neutral
- Mahindra Lifespaces 1QFY25 Results Update
- Financials & Valuation
M & M
25 Jul 2024
CMP
₹2,887.80
Target Price
₹3,300 (14% )
MO Reco.
Buy
- Mahindra & Mahindra's FY24 annual report update.
- Financials & Valuations: Sales, EBITDA, Adj. PAT, EPS, Rati..
Nestle India
25 Jul 2024
CMP
₹2,476.90
Target Price
₹2,500
MO Reco.
Neutral
- Naveen Trivedi estimates changes in Nestle India's stock.
- Neutral rating with a target price of INR 2,500.
Hitachi Energy
25 Jul 2024
CMP
₹11,547.60
Target Price
₹12,000
MO Reco.
Neutral
- Hitachi Energy's 1QFY25 result came in below estimates due t..
- Revenue grew by 27.6% YoY, driven by strong order book and ..
Mphasis
25 Jul 2024
CMP
₹3,029.80
Target Price
₹540
MO Reco.
Buy
- SIS 1QFY25 Results Update for Staffing Sector
- Financials & Valuations for Y/E Mar 2024, 2025E, 2026E
Tech Mahindra
25 Jul 2024
CMP
₹1,541.15
Target Price
₹1,470
MO Reco.
Neutral
- Tech Mahindra's financials and valuation details are provide..
- The company reported a decent revenue growth in a seasonall..
The Ramco Cement
25 Jul 2024
CMP
₹828.15
Target Price
₹890
MO Reco.
Neutral
- The Ramco Cements 25 July 2024 1QFY2 5 Results Update
- Financial Snapshot and Ratios
Bajaj Finance
24 Jul 2024
CMP
₹6,789.75
Target Price
₹7,500
MO Reco.
Neutral
- Abhijit Tibrewal's analysis of Bajaj Finance includes financ..
- Bajaj Finance's 1QFY25 results show a 14% YoY growth in PAT..
M & M Fin. Serv.
24 Jul 2024
CMP
₹293.65
Target Price
₹350 (19% )
MO Reco.
Buy
- Abhijit Tibrewal's report on Mahindra & Mahindra Financials ..
- Provides financial and valuation details of MMFS
Axis Bank
24 Jul 2024
CMP
₹1,177.35
Target Price
₹1,175
MO Reco.
Neutral
- Nitin Aggarwal's analysis of Axis Bank's financials and valu..
- Financial performance and projections for Axis Bank
DCB Bank
24 Jul 2024
CMP
₹125.29
Target Price
₹175 (40% )
MO Reco.
Buy
- DCB Bank had a mixed quarter in financials and valuations.
- Earnings were below estimates due to lower NII and higher o..
Federal Bank
24 Jul 2024
CMP
₹198.00
Target Price
₹230 (16% )
MO Reco.
Buy
- Federal Bank had a strong quarter with earnings beat and rob..
- Net Interest Margin (NIM) contracted slightly, but credit c..
Jindal Steel
24 Jul 2024
CMP
₹972.35
Target Price
₹1200 (23% )
MO Reco.
Buy
- Jindal Steel & Power (JSP) stock analysis
- CMP: INR972 TP: INR 1200 (+23%) Buy TP change Rating change..
Petronet LNG
24 Jul 2024
CMP
₹372.40
Target Price
₹380
MO Reco.
Neutral
- Petronet LNG's financials and valuation estimates for FY24, ..
- The company's performance in 1QFY25, including EBITDA, PAT,..
Sona BLW Precis.
24 Jul 2024
CMP
₹690.25
Target Price
₹620
MO Reco.
Neutral
- Aniket Mhatre's report on SONACOMS IN Equity shares and fina..
- Financial performance and valuations of SONA BLW Precision ..
SRF
24 Jul 2024
CMP
₹2,456.15
Target Price
₹2,130
MO Reco.
Neutral
- SRF posted muted 1QFY25 with a decline in operating profitab..
- Chemical businesses faced inventory rationalization and pla..
United Spirits
24 Jul 2024
CMP
₹1,415.40
Target Price
₹1400
MO Reco.
Neutral
- Company financials and valuations including sales, EBITDA, P..
- Shareholding pattern and stock performance.
Blue Dart Expres
23 Jul 2024
CMP
₹7,894.75
Target Price
₹9,500 (20% )
MO Reco.
Buy
- Blue Dart Express financial snapshot and valuation update.
- 1QFY25 results and financial snapshot.
Coforge
23 Jul 2024
CMP
₹6,343.70
Target Price
₹6,100
MO Reco.
Neutral
- Coforge's 1QFY25 revenue grew 1.6% QoQ in CC terms.
- Order intake was USD 314m with a 12-month executable order ..
Hind. Unilever
23 Jul 2024
CMP
₹2,711.05
Target Price
₹3,250 (20% )
MO Reco.
Buy
- Naveen Trivedi estimates changes in Hindustan Unilever (HUVR..
- The target price has been revised to INR 3,250, a 17% incre..
ICICI Pru Life
23 Jul 2024
CMP
₹724.90
Target Price
₹740 (2% )
MO Reco.
Buy
- ICICI Prudential Life Insurance reported 34.4% YoY growth in..
- VNB grew 8% YoY to INR 4.7b (6% miss) with VNB margins decl..
Kajaria Ceramics
23 Jul 2024
CMP
₹1,438.20
Target Price
₹1,670 (16% )
MO Reco.
Buy
- Kajaria Ceramics 1QFY25 Results Update
- Financial Snapshot and Ratios
Mahindra Logis.
23 Jul 2024
CMP
₹535.15
Target Price
₹510
MO Reco.
Neutral
- Mahindra Logistics financial snapshot and estimates for FY24..
- Operating performance and struggles in the express business..
Torrent Pharma.
23 Jul 2024
CMP
₹3,194.90
Target Price
₹3,340
MO Reco.
Neutral
- Torrent Pharma's 1QFY25 results update and financials.
- Sales growth in different segments and geographical regions..
Zensar Tech.
23 Jul 2024
CMP
₹808.85
Target Price
₹750
MO Reco.
Neutral
- Zensar's 1QFY25 result update includes financials, valuation..
- The company reported a strong 1QFY25 with revenue growth of..
PVR Inox
22 Jul 2024
CMP
₹1,493.85
Target Price
₹1,400
MO Reco.
Neutral
- PVR-Inox reported weak 1QFY25 results with a 9% YoY revenue ..
- Occupancy was weak at 20.3% and EBITDA margin stood at -3.2..
Poonawalla Fin
22 Jul 2024
CMP
₹375.70
Target Price
₹465 (24% )
MO Reco.
BUY
- Nitin Aggarwal's email provides an update on Poonawalla Fin ..
- The company's financial snapshot shows growth in net income..
Oberoi Realty
22 Jul 2024
CMP
₹1,785.00
Target Price
₹1,560
MO Reco.
Neutral
- Oberoi Realty's 1QFY25 results update includes financials an..
- The company's sustained performance in the residential segm..
M R P L
22 Jul 2024
CMP
₹214.88
Target Price
₹170 (21% )
MO Reco.
Sell
- MRPL's 1QFY25 results update shows a weak refining performan..
- EBITDA came in 56% below the estimate due to lower GRM and ..
J K Cements
22 Jul 2024
CMP
₹4,387.65
Target Price
₹5,150 (17% )
MO Reco.
Buy
- J K Cement's financial snapshot and valuation metrics are pr..
- The company's 1QFY25 results show growth in EBITDA and adju..
Cyient DLM
22 Jul 2024
CMP
₹775.95
Target Price
₹880 (13% )
MO Reco.
Buy
- Cyient DLM reported healthy quarter with revenue growth of ~..
- Margins declined 140bp YoY to 7.8% due to higher SG&A expen..
Can Fin Homes
22 Jul 2024
CMP
₹856.90
Target Price
₹890
MO Reco.
Neutral
- Can Fin Homes 1QFY25 result update
- Financial snapshot and ratios
B P C L
21 Jul 2024
CMP
₹328.80
Target Price
₹320
MO Reco.
Neutral
- BPCL's financials and valuations for FY24 and FY25E are prov..
- The company's reported GRM and marketing margins are discus..
HDFC Bank
21 Jul 2024
CMP
₹1,618.15
Target Price
₹1850 (14% )
MO Reco.
Buy
- The report analyzes HDFC Bank's financials, valuations, and ..
- It covers NII, OP, NP, NIM, EPS, and other ratios.
Kotak Mah. Bank
21 Jul 2024
CMP
₹1,813.85
Target Price
₹1,800
MO Reco.
Neutral
- Kotak Mahindra Bank's financials and valuations for FY24, FY..
- The bank's performance in 1QFY25, including NII, PAT, and o..
Navin Fluo.Intl.
21 Jul 2024
CMP
₹3,530.55
Target Price
₹3555
MO Reco.
Neutral
- Navin Fluorine International (NFIL) focusing on sustainable ..
- Company investing in new HF plant and R32 capacity expansio..
Reliance Industr
21 Jul 2024
CMP
₹3,018.05
Target Price
₹3435 (14% )
MO Reco.
Buy
- Reliance Industries 1QFY25 results in Oil & Gas sector
- Financials & valuations for FY24, FY25E, FY26E
Shoppers Stop
21 Jul 2024
CMP
₹770.15
Target Price
₹780
MO Reco.
Neutral
- Shoppers Stop reported an 18% YoY decline in EBITDA due to w..
- Revenue rose 5% YoY in 1QFY25, driven by the Beauty segment..
Tata Comm
21 Jul 2024
CMP
₹1,886.40
Target Price
₹1950
MO Reco.
Neutral
- Tata Communications (TCOM) financials and valuations are pro..
- Revenue and EBITDA growth estimates for FY24-26 are mention..
Union Bank (I)
21 Jul 2024
CMP
₹132.87
Target Price
₹165 (24% )
MO Reco.
Buy
- Union Bank of India reported 1QFY25 PAT of INR36.8b.
- NII grew 6.5% YoY to INR94.1b with NIMs moderating 4bp QoQ.
CreditAcc. Gram.
20 Jul 2024
CMP
₹1,311.95
Target Price
₹1520 (16% )
MO Reco.
Buy
- Abhijit Tibrewal's analysis of CreditAccess Grameen's financ..
- The company's performance in 1QFY25
ICICI Lombard
20 Jul 2024
CMP
₹1,967.30
Target Price
₹2200 (12% )
MO Reco.
Buy
- ICICI Lombard's financials and valuations for Y/E March 2024..
- Quarterly performance and key parameters like claims ratio,..
Indian Hotels Co
20 Jul 2024
CMP
₹647.00
Target Price
₹665 (3% )
MO Reco.
Buy
- Indian Hotels reported 1QFY25 results with a positive demand..
- The company's operating performance was in line with estima..
JSW Steel
20 Jul 2024
CMP
₹900.55
Target Price
₹1030 (14% )
MO Reco.
Buy
- Alok Deora Sonu Upadhyay 20 July 2024 1QFY25 Result Update
- JSW Steel financial snapshot and valuation
One 97
20 Jul 2024
CMP
₹509.05
Target Price
₹500
MO Reco.
Neutral
- PAYTM's financials and valuations are provided, including re..
- The company reported a net loss of INR8.4 b in 1QFY25 amid ..
Polycab India
20 Jul 2024
CMP
₹6,548.50
Target Price
₹8200 (25% )
MO Reco.
Buy
- Polycab India's 1QFY25 revenue and EBITDA grew 21% and 6% Yo..
- Operating margin contracted due to a shift in business mix.
Wipro
20 Jul 2024
CMP
₹524.80
Target Price
₹500
MO Reco.
Neutral
- Wipro's 1QFY25 results update includes financials, valuation..
- The company reported a muted quarter with a slight uptick i..
JSW Infrast
19 Jul 2024
CMP
₹343.75
Target Price
₹390 (13% )
MO Reco.
Buy
- JSW Infrastructure's 1QFY25 results update includes financia..
- The company posted 15% YoY revenue growth and 9% YoY cargo ..
Dalmia BharatLtd
19 Jul 2024
CMP
₹1,812.20
Target Price
₹2300 (27% )
MO Reco.
Buy
- Dalmia Bharat's 1QFY25 results update and financial snapshot..
- Volume growth and soft pricing in the near term.
Piramal Pharma
19 Jul 2024
CMP
₹166.51
Target Price
₹190 (14% )
MO Reco.
Buy
- Piramal Pharma's stock information: CMP INR 148, TP INR 190,..
- Financial snapshot for Y/E March FY24 FY25E FY26E
Persistent Sys
19 Jul 2024
CMP
₹4,772.95
Target Price
₹5700
MO Reco.
Upgrade to Buy
- Persistent Systems 1QFY25 results update
- Revenue growth led by healthcare and BFSI
UltraTech Cem.
19 Jul 2024
CMP
₹11,673.05
Target Price
₹13,000 (11% )
MO Reco.
Buy
- UltraTech Cement's 1QFY25 EBITDA was flat YoY at INR30.4b, 6..
- The company expects double-digit volume growth in FY25.
CIE Automotive
19 Jul 2024
CMP
₹589.00
Target Price
₹675 (15% )
MO Reco.
Buy
- CIEINDIA's 2QCY24 operating performance was in line with est..
- EBITDA margin improved despite lower revenue.
LTIMindtree
18 Jul 2024
CMP
₹5,788.45
Target Price
₹7000
MO Reco.
Upgrade to Buy
- LTIMindtree's 1QFY25 results update includes financials and ..
- Revenue growth of 2.6% QoQ/3.7% YoY in constant currency.
Bajaj Auto
18 Jul 2024
CMP
₹9,492.90
Target Price
₹8695
MO Reco.
Neutral
- Detailed financials and valuations of Bajaj Auto
- Performance in 1QFY25 and stable margins
Asian Paints
18 Jul 2024
CMP
₹2,950.15
Target Price
₹3150
MO Reco.
Neutral
- Asian Paints' financials and valuations show a steady growth..
- The company's revenue and EBITDA are expected to increase i..
NMDC
18 Jul 2024
CMP
₹238.55
Target Price
₹300 (26% )
MO Reco.
BUY
- NMDC stock information: CMP INR 242, TP INR 300 (+24%)
- Financial snapshot: Sales and EBITDA expected to grow over ..
L&T Technology
18 Jul 2024
CMP
₹5,214.05
Target Price
₹5950 (14% )
MO Reco.
Buy
- L&T Technology's 1QFY25 results update and financials are di..
- Revenue and margin miss estimates due to seasonal decline i..
L&T Finance Ltd
18 Jul 2024
CMP
₹180.47
Target Price
₹230 (27% )
MO Reco.
Buy
- Nitin Aggarwal and Gautam Rawtani are the contacts for the u..
- The financial snapshot includes estimates, ratios, and valu..
Infosys
18 Jul 2024
CMP
₹1,878.90
Target Price
₹2000 (6% )
MO Reco.
Buy
- Infosys 1QFY25 results update with financials and valuation ..
- Revenue growth guidance upgraded to 3-4% YoY in CC.
Havells India
18 Jul 2024
CMP
₹1,838.65
Target Price
₹1820
MO Reco.
Neutral
- Havells India's 1QFY25 results update includes financials an..
- The company's revenue and EBITDA grew around 20% and 42% Yo..
HDFC Life Insur.
16 Jul 2024
CMP
₹703.35
Target Price
₹750 (7% )
MO Reco.
BUY
- HDFC Life Insurance reports 1QFY25 results with lower VNB ma..
- Total APE grows 23% YoY to INR 28.7 b in 1QFY25.
Varun Beverages
15 Jul 2024
CMP
₹1,676.65
Target Price
₹1900 (13% )
MO Reco.
Buy
- Sumant Kumar recommends buying Varun Beverages stock at INR ..
- The company has a market capitalization of INR 2115.3 billi..
HCL Technologies
13 Jul 2024
CMP
₹1,635.35
Target Price
₹1850 (13% )
MO Reco.
Buy
- HCL Technologies reported 1QFY25 results with revenue declin..
- EBIT margin was 17.1%, 30 bp above the estimate.
TCS
12 Jul 2024
CMP
₹4,387.85
Target Price
₹4660 (6% )
MO Reco.
Buy
- TCS reported 1QFY25 results with revenue growth of 1.9% QoQ.
- Deal TCV was USD8.3b, down 37.1% QoQ and 18.6% YoY.
Hindalco Inds.
10 Jul 2024
CMP
₹667.60
Target Price
₹800 (20% )
MO Reco.
Buy
- Hindalco stock information: CMP: INR 693 TP: INR 800 (+15%)
- Financial snapshot: Sales, EBITDA, Adj. PAT, EBITDA Margin,..
Raymond
09 Jul 2024
CMP
₹2,052.55
Target Price
₹3,755 (83% )
MO Reco.
Buy
- Raymond attended an analyst meet to discuss expansion plans ..
- The real estate arm aims for 20% growth and has signed proj..
Cholaman.Inv.&Fn
08 Jul 2024
CMP
₹1,410.95
Target Price
-
MO Reco.
-
- Cholamandalam Investment and Finance (CIFC) is confident of ..
- CIFC's non-auto businesses are aligned to its collection-fi..
VRL Logistics
05 Jul 2024
CMP
₹567.35
Target Price
₹670 (18% )
MO Reco.
Buy
- VRL Logistics is a logistics company with a stock update.
- Muted activity in 1Q due to polls and driver shortage.
ITC
03 Jul 2024
CMP
₹502.20
Target Price
-
MO Reco.
-
- ITC's CFO expects gradual macro recovery and steady growth p..
- The company aims to expand its product portfolio and implem..
Emami
02 Jul 2024
CMP
₹797.10
Target Price
-
MO Reco.
-
- Emami aims to expand reach in rural markets and improve dist..
- Plans to strengthen core portfolio and neutralize seasonal ..
Adani Ports
28 Jun 2024
CMP
₹1,542.75
Target Price
₹1,700 (10% )
MO Reco.
Buy
- Adani Ports & SEZ (APSEZ) is a logistics and ports company.
- The company has shown healthy expansion and robust profitab..
Kalpataru Proj.
28 Jun 2024
CMP
₹1,361.15
Target Price
₹1,385 (2% )
MO Reco.
Buy
- Kalpataru Projects' annual report emphasizes strategy to str..
- The company is a key beneficiary of domestic and global ups..
Reliance Industr
28 Jun 2024
CMP
₹3,018.05
Target Price
₹3,275 (9% )
MO Reco.
Buy
- RJio initiates ~20% tariff hike, boosting the telecom sector
- Expect 11%/17% increase in revenue/EBITDA due to the hike
Star Health Insu
28 Jun 2024
CMP
₹613.35
Target Price
₹730 (19% )
MO Reco.
Buy
- Star Health's stock update and financial snapshot is provide..
- The company aims for profitable growth with a focus on doub..
UltraTech Cem.
28 Jun 2024
CMP
₹11,673.05
Target Price
₹13,300 (14% )
MO Reco.
Buy
- UltraTech Cement is maintaining its leadership position in t..
- The company's domestic grey cement capacity CAGR stood at 1..
EPL Ltd
27 Jun 2024
CMP
₹222.27
Target Price
₹250 (12% )
MO Reco.
Buy
- EPLL hosted an event for investors and showcased its Vapi fa..
- The company focuses on innovation and sustainability in its..
Godrej Propert.
27 Jun 2024
CMP
₹3,128.70
Target Price
₹3,600 (15% )
MO Reco.
Buy
- Godrej Properties BSE SENSEX 79,243 S&P CNX 24,045 27 June 2..
- Sector: Real estate CMP: INR3,111
Cipla
26 Jun 2024
CMP
₹1,575.00
Target Price
₹1,700 (8% )
MO Reco.
Buy
- Cipla's stock update and financials are discussed in the rep..
- The company's regulatory issues and observations from USFDA..
Hind. Unilever
26 Jun 2024
CMP
₹2,711.05
Target Price
₹2,900 (7% )
MO Reco.
Buy
- Hindustan Unilever focuses on sustainable growth and distrib..
- The company emphasizes capital efficiency and received a ta..
LIC Housing Fin.
25 Jun 2024
CMP
₹791.30
Target Price
₹930 (18% )
MO Reco.
Buy
- LIC Housing Finance (LICHF) reported a healthy FY24 with imp..
- The company is expected to sustain disbursement momentum an..
Cams Services
24 Jun 2024
CMP
₹4,031.75
Target Price
₹4,200 (4% )
MO Reco.
Buy
- CAMS has released its FY24 annual report, highlighting its f..
- The company's mutual fund business accounts for 87% of its ..
ICICI Bank
22 Jun 2024
CMP
₹1,207.20
Target Price
-
MO Reco.
-
- ICICI Bank's loan growth is robust, focusing on quality unde..
- The bank's liability momentum is healthy, aided by digital ..
Glaxosmi. Pharma
21 Jun 2024
CMP
₹2,707.30
Target Price
₹2,380
MO Reco.
Neutral
- GlaxoSmithKline Pharma reported moderate revenue/EBITDA/PAT ..
- In FY24, the company exhibited a healthy pick-up with signi..
Star Health Insu
21 Jun 2024
CMP
₹613.35
Target Price
₹730 (19% )
MO Reco.
Buy
- Star Health BSE SENSEX 77,210 S&P CNX 23,501 21 June 2024 Up..
- Sector: Insurance CMP: INR519 TP: INR730 (+41%)
Alkyl Amines
20 Jun 2024
CMP
₹2,050.40
Target Price
₹2,010
MO Reco.
Neutral
- Alkyl Amines focuses on R&D, capacity expansion, and new pro..
- Increased R&D expenses to strengthen leadership in amines
DCB Bank
19 Jun 2024
CMP
₹125.29
Target Price
₹175
MO Reco.
Upgrade To Buy
- DCB Bank shows positive financials and valuations with stead..
- The bank has seen healthy recovery in loan growth
SRF
19 Jun 2024
CMP
₹2,456.15
Target Price
₹2,140
MO Reco.
Neutral
- SRF faced revenue and EBITDA decline in the past year.
- Chemicals and packaging businesses reported significant dec..
Trent
18 Jun 2024
CMP
₹5,393.35
Target Price
₹5,800 (8% )
MO Reco.
Buy
- Trent's FY24 annual report shows strong performance and expa..
- Standalone revenue grew by 55% YoY, driven by Zudio
Ambuja Cements
13 Jun 2024
CMP
₹686.40
Target Price
₹640
MO Reco.
Neutral
- Ambuja Cements annual report update highlights capacity expa..
- Positive outlook on Indian cement industry with expected de..
Punjab Natl.Bank
13 Jun 2024
CMP
₹119.95
Target Price
-
MO Reco.
-
- Punjab National Bank's loan growth is expected to remain hea..
- The bank aims to increase the share of high-yielding RAM bo..
St Bk of India
10 Jun 2024
CMP
₹862.45
Target Price
₹1,015 (18% )
MO Reco.
Buy
- State Bank of India (SBIN) is a top-performing global bank.
- SBIN's balance sheet size surpasses the GDP of 174 countrie..
CEAT
09 Jun 2024
CMP
₹2,609.55
Target Price
₹2,930 (12% )
MO Reco.
Buy
- CEAT is strengthening its position in domestic replacement a..
- The company aims to achieve market leadership in the PCR se..
Mahanagar Gas
09 Jun 2024
CMP
₹1,846.10
Target Price
₹1,565
MO Reco.
Buy
- Mahanagar Gas Ltd. held an analyst meet on 7th Jun24
- Management reiterated 6-7% volume growth target
JSW Steel
07 Jun 2024
CMP
₹900.55
Target Price
₹1,070 (19% )
MO Reco.
Buy
- JSW Steel's capacity expansion on track, poised for growth
- Robust domestic steel demand expected amid infrastructure e..
K E C Intl.
07 Jun 2024
CMP
₹880.05
Target Price
₹710
MO Reco.
Neutral
- KEC International is a capital goods company in the BSE SENS..
- The company's annual analyst meet highlighted a strong addr..
Bharat Electron
06 Jun 2024
CMP
₹309.90
Target Price
₹310 (0% )
MO Reco.
Buy
- Bharat Electronics (BHE) is expected to benefit from governm..
- The company's order inflows for FY24 were far ahead of its ..
Max Financial
04 Jun 2024
CMP
₹1,108.25
Target Price
₹1,020
MO Reco.
Neutral
- Max Financial Services is seeing pension as a big opportunit..
- The company is investing in its pension subsidiary and has ..
Lemon Tree Hotel
03 Jun 2024
CMP
₹146.46
Target Price
₹175 (19% )
MO Reco.
Buy
- Lemon Tree Hotels reports 30% revenue growth in 4QFY24.
- Higher ARR and Aurika Mumbai drive sales.
Titan Company
01 Jun 2024
CMP
₹3,494.15
Target Price
₹4,000 (14% )
MO Reco.
Buy
- Titan Company held an analyst meet to discuss growth and ope..
- Optimistic about sustaining strong growth across segments w..
Muthoot Finance
31 May 2024
CMP
₹1,783.20
Target Price
₹1,620
MO Reco.
Neutral
- Muthoot Finance's 4QFY24 performance characterized by gold l..
- PAT grew 17% YoY and 3% QoQ to ~INR10.6b, while FY24 PAT gr..
Apollo Hospitals
31 May 2024
CMP
₹6,664.55
Target Price
₹6,750 (1% )
MO Reco.
Buy
- Apollo Hospitals delivered in-line 4QFY24 performance.
- Efforts to improve sales growth momentum and enhance profit..
Bata India
31 May 2024
CMP
₹1,608.35
Target Price
₹1,400
MO Reco.
Neutral
- Bata India's 4QFY24 results update includes changes in estim..
- Revenue grew 2% YoY, but weak distribution channel dragged ..
Sunteck Realty
31 May 2024
CMP
₹593.80
Target Price
₹640 (8% )
MO Reco.
BUY
- Sunteck Realty reported 4QFY24 results with changes in estim..
- The company achieved healthy performance aided by luxury sa..
Alkem Lab
30 May 2024
CMP
₹5,289.85
Target Price
₹5,390
MO Reco.
Neutral
- Alkem Laboratories 4QFY24 results update
- Exports growth offset by weak India business
Samvardh. Mothe.
30 May 2024
CMP
₹196.40
Target Price
₹170
MO Reco.
Buy
- Samvardhana Motherson reported robust performance in 4QFY24
- Healthy beat; promising growth prospect in non-auto
Amara Raja Ener.
30 May 2024
CMP
₹1,680.45
Target Price
₹1,090
MO Reco.
Neutral
- Amara Raja reported in-line 4QFY24 results with EBITDA margi..
- The company is scouting for a partner for lithium-ion foray..
Brigade Enterpr.
30 May 2024
CMP
₹1,251.30
Target Price
₹1,500 (20% )
MO Reco.
Buy
- Brigade Enterprises reported strong 4QFY24 results with a si..
- The company's sales volume and realizations showed a notabl..
G R Infraproject
30 May 2024
CMP
₹1,709.80
Target Price
₹1,790 (5% )
MO Reco.
Buy
- G R Infraprojects 4QFY24 results update and financials
- CMP: INR1,557 TP: INR1,790 (+15%) Buy
Ipca Labs.
30 May 2024
CMP
₹1,285.30
Target Price
₹1,140
MO Reco.
Neutral
- IPCA Laboratories' operating performance improved in 4QFY24.
- Earnings estimates for FY25/FY26 were cut by 12%/14%.
Cummins India
30 May 2024
CMP
₹3,718.15
Target Price
₹4,100 (10% )
MO Reco.
Buy
- Cummins India's 4QFY24 results exceeded estimates with 20%/6..
- Revenue growth driven by industrial, powergen, and distribu..
KNR Construct.
30 May 2024
CMP
₹367.40
Target Price
₹350
MO Reco.
Buy
- KNR Constructions 4QFY24 results update with changes in esti..
- Financials and valuations for Y/E Mar 2024, 2025E, and 2026..
NOCIL
30 May 2024
CMP
₹310.30
Target Price
₹260
MO Reco.
Neutral
- NOCIL's 4QFY24 results update includes changes in estimates,..
- Sales volumes increased 1% YoY to 14tmt, but realization wa..
Tata Steel
30 May 2024
CMP
₹162.55
Target Price
₹160
MO Reco.
Neutral
- Tata Steel's 4QFY24 results update includes changes in estim..
- The company's standalone performance and financials for Y/E..
Aditya Bir. Fas.
29 May 2024
CMP
₹330.00
Target Price
₹1,810 (448% )
MO Reco.
Buy
- Aditya Birla Fashion and Retail 4QFY24 Results Update
- ABFRL's consolidated EBITDA grew 47% YoY
Emami
29 May 2024
CMP
₹797.10
Target Price
₹600
MO Reco.
Buy
- Emami reported 7% YoY sales growth in 4QFY24, with domestic ..
- Most brands performed well, with BoroPlus, Pain Management,..
MTAR Technologie
29 May 2024
CMP
₹1,913.55
Target Price
₹2,390 (25% )
MO Reco.
Buy
- Kaynes Technologies 4QFY24 Results Update in Aerospace & Def..
- MTARTECH reported weak operating performance in 4QFY24
NMDC
29 May 2024
CMP
₹238.55
Target Price
₹300 (26% )
MO Reco.
Buy
- NMDC's 4QFY24 results update shows earnings below estimates
- Despite the miss, the outlook remains bright
Prestige Estates
29 May 2024
CMP
₹1,833.45
Target Price
₹1,825
MO Reco.
Buy
- Prestige Estates Projects reported strong 4QFY24 results wit..
- The company achieved record bookings of INR210b in FY24, up..
The Ramco Cement
29 May 2024
CMP
₹828.15
Target Price
₹860
MO Reco.
Neutral
- The Ramco Cements has exhibited strong volume growth driven ..
- The company's volume growth is expected to slow down due to..
Bosch
28 May 2024
CMP
₹34,917.05
Target Price
₹28,585
MO Reco.
Neutral
- Bosch's 4QFY24 performance was operationally weak
- Revenue/EBITDA/adj. PAT rose 4%/7%/42% YoY in 4QFY24
Campus Activewe.
28 May 2024
CMP
₹310.95
Target Price
₹295
MO Reco.
Buy
- Campus Activewear posted 5% YoY revenue growth in 4QFY24.
- EBITDA and PAT grew 13% and 43% YoY respectively.
Container Corpn.
28 May 2024
CMP
₹1,039.95
Target Price
₹1,260 (21% )
MO Reco.
Buy
- Container Corporation of India (CCRI) projected handling vol..
- The growth in EXIM will be driven by stabilizing geopolitic..
EPL Ltd
28 May 2024
CMP
₹222.27
Target Price
₹250 (12% )
MO Reco.
Buy
- EPL reported strong operating performance in 4QFY24
- EBITDA rose 23% YoY due to growth in the Americas
Life Insurance
28 May 2024
CMP
₹1,184.35
Target Price
-
MO Reco.
Buy
- Life Insurance Corporation (LIC) 4QFY24 results update
- Financials & valuations for FY24 and FY25E
Aurobindo Pharma
27 May 2024
CMP
₹1,386.20
Target Price
₹1,300
MO Reco.
Neutral
- Aurobindo Pharma's 4QFY24 results update and financials are ..
- The company's performance, sales growth, and margin expansi..
Canara Bank
27 May 2024
CMP
₹113.86
Target Price
-
MO Reco.
-
- Canara Bank's loan growth to remain healthy, with a focus on..
- Management aims to increase the mix of CASA deposits and im..
Cello World
27 May 2024
CMP
₹966.30
Target Price
₹1,090 (13% )
MO Reco.
Buy
- Cello World 4QFY24 Results Update
- Financials & Valuations for FY24 and FY25E
Glenmark Pharma.
27 May 2024
CMP
₹1,438.40
Target Price
₹1,050
MO Reco.
Neutral
- Glenmark Pharma's financials and valuations have changed, le..
- The company's operating performance exceeded expectations, ..
Happy Forgings
27 May 2024
CMP
₹1,225.90
Target Price
₹1,260 (3% )
MO Reco.
Buy
- Happy Forgings 4QFY24 results update
- Healthy performance despite weakness in core segments
JK Lakshmi Cem.
27 May 2024
CMP
₹857.50
Target Price
₹1,000 (17% )
MO Reco.
Buy
- JK Lakshmi Cement reported strong operating performance in 4..
- The company's expansion plans are on track with capacity ex..
Natl. Aluminium
27 May 2024
CMP
₹189.50
Target Price
₹180
MO Reco.
Neutral
- Nalco's 4QFY24 results update includes financials and valuat..
- Beat on EBITDA driven by lower costs
United Spirits
27 May 2024
CMP
₹1,415.40
Target Price
-
MO Reco.
-
- United Spirits 4QFY24 results update
- Financials & valuations for Y/E March 2024 and 2025E
Aegis Logistics
26 May 2024
CMP
₹894.30
Target Price
₹670
MO Reco.
Neutral
- Aegis Logistics reported strong 4QFY24 results with EBITDA o..
- The company announced an investment of INR5b for a speciali..
Divi`s Lab.
26 May 2024
CMP
₹4,790.60
Target Price
₹3,900
MO Reco.
Neutral
- Divis Laboratories' financial performance and valuation chan..
- The company's revenue and EBITDA margins improved in 4QFY24..
Exide Inds.
26 May 2024
CMP
₹553.75
Target Price
₹430
MO Reco.
Neutral
- Exide's 4QFY24 operational performance beat estimates with i..
- FY25E/FY26E EPS raised by ~10%/13% due to improved demand e..
Ashok Leyland
25 May 2024
CMP
₹246.38
Target Price
₹245
MO Reco.
Buy
- Ashok Leyland's 4QFY24 results update includes changes in es..
- The company's margins beat estimates, and the outlook for F..
Hindalco Inds.
25 May 2024
CMP
₹667.60
Target Price
₹790 (18% )
MO Reco.
Buy
- Hindalco's 4QFY24 results show a beat on estimates and a bri..
- Consolidated revenue was INR560b, up 6% QoQ.
Kolte Patil Dev.
25 May 2024
CMP
₹409.00
Target Price
₹700 (71% )
MO Reco.
Buy
- Kolte Patil Developers (KPDL) financial and valuation overvi..
- KPDL reported quarterly bookings of INR7.4b, up 6% YoY
Manappuram Fin.
25 May 2024
CMP
₹212.99
Target Price
₹225 (6% )
MO Reco.
Buy
- Manappuram Finance's 4QFY24 results update includes financia..
- The company's gold AUM rose 4% QoQ with a minor increase in..
Sun TV Network
25 May 2024
CMP
₹830.40
Target Price
-
MO Reco.
-
- Sun TV Network's 4QFY24 results update includes changes in e..
- The company's revenue grew 14% YoY driven by IPL and ad rev..
Torrent Pharma.
25 May 2024
CMP
₹3,194.90
Target Price
-
MO Reco.
-
- Torrent Pharma's 4QFY24 results show neutral rating with a T..
- Branded generics business drives earnings growth for Torren..
Barbeque-Nation
24 May 2024
CMP
₹549.45
Target Price
₹600
MO Reco.
Neutral
- Barbeque Nation Hospitality's financials and valuations are ..
- The company delivered 6% revenue growth in 4QFY24, with SSS..
ITC
24 May 2024
CMP
₹502.20
Target Price
₹515 (3% )
MO Reco.
Buy
- ITC's 4QFY24 results update includes a healthy core business..
- Cigarette and FMCG segments showed healthy performance, whi..
Polycab India
24 May 2024
CMP
₹6,548.50
Target Price
₹7,850 (20% )
MO Reco.
BUY
- Polycab India is a market leader in cables and wires industr..
- The company is focusing on growth opportunities and market ..
Jubilant Food.
23 May 2024
CMP
₹581.35
Target Price
-
MO Reco.
Neutral
- Jubilant FoodWorks (JUBI) sales grew 6% YoY to INR13.3b in 4..
- Dominos LFL turned positive after four quarters at 0.1%.
PNB Housing
23 May 2024
CMP
₹793.85
Target Price
₹1,015 (28% )
MO Reco.
BUY
- PNB Housing Finance showcased healthy growth and profitabili..
- The company aims for a CAGR of ~17% in loans over the mediu..
Grasim Inds
23 May 2024
CMP
₹2,843.30
Target Price
₹2,840
MO Reco.
Buy
- Grasim Industries 4QFY24 EBITDA grew 24% YoY to INR5.3b
- VSF segment posted an EBITDA/kg of INR21
Indian Hotels Co
23 May 2024
CMP
₹647.00
Target Price
₹680 (5% )
MO Reco.
Buy
- TajSATS is a joint venture between Indian Hotels and SATS Lt..
- It is one of the fastest-growing business segments of India..
Interglobe Aviat
23 May 2024
CMP
₹4,493.40
Target Price
₹4,210
MO Reco.
Neutral
- InterGlobe Aviation's 4QFY24 result update includes financia..
- INDIGO reported EBITDA growth of 45% YoY in 4QFY24
Indigo Paints
23 May 2024
CMP
₹1,491.95
Target Price
₹1,600 (7% )
MO Reco.
Buy
- Indigo Paints' 4QFY24 results update includes sector and fin..
- Slow organic growth but better than peers in FY24
Max Healthcare
23 May 2024
CMP
₹948.50
Target Price
₹930
MO Reco.
Buy
- Max Healthcare delivered in-line performance for 4QFY24
- Efforts underway to augment bed capacity
Metro Brands
23 May 2024
CMP
₹1,313.65
Target Price
₹1,350 (3% )
MO Reco.
Buy
- 4QFY24 Results Update for Metro Brands in the footwear secto..
- Financials & Valuations show soft earnings and delayed BIS ..
Page Industries
23 May 2024
CMP
₹41,443.95
Target Price
₹36,500
MO Reco.
Neutral
- Page Industries 4QFY24 results update with changes in estima..
- Weak performance in FY24 with gradual improvement expected.
P I Industries
23 May 2024
CMP
₹4,207.00
Target Price
₹4,280 (2% )
MO Reco.
Buy
- PI Industries reported 4QFY24 results with healthy performan..
- Consolidated revenue stood at INR17.4b, up 11% YoY.
Petronet LNG
23 May 2024
CMP
₹372.40
Target Price
₹310
MO Reco.
Neutral
- Petronet LNG recorded in line EBITDA of INR11b during the qu..
- The company booked additional provisions of INR0.4b with re..
Deepak Nitrite
22 May 2024
CMP
₹2,919.90
Target Price
-
MO Reco.
-
- Deepak Nitrite's 4QFY24 results update includes changes in e..
- The company's financials and valuations show a decline in E..
Galaxy Surfact.
22 May 2024
CMP
₹2,861.15
Target Price
₹3,450 (21% )
MO Reco.
Buy
- Galaxy Surfactants reported 4QFY24 results with changes in e..
- EBITDA/kg in 4QFY24 was INR16.7, down 28% YoY, with a total..
Gland Pharma
22 May 2024
CMP
₹2,016.60
Target Price
₹2,070 (3% )
MO Reco.
Buy
- Gland Pharma's 4QFY24 results update and financials
- CMP: INR1,793 TP: INR2,070 (+15%) Buy
HDFC Life Insur.
22 May 2024
CMP
₹703.35
Target Price
-
MO Reco.
-
- HDFC Life aims for ~15% APE growth and stable VNB margins in..
- The company expects industry premiums to grow at 12-15% in ..
One 97
22 May 2024
CMP
₹509.05
Target Price
₹400
MO Reco.
NEUTRAL
- PAYTM reports net loss of INR5.5b in 4QFY24
- Total revenue declines 3% YoY/20% QoQ to INR22.7b
Hitachi Energy
22 May 2024
CMP
₹11,547.60
Target Price
-
MO Reco.
-
- Hitachi Energy's 4QFY24 result beat estimates with strong re..
- The company reported 27%/91%/124% YoY growth in revenue/EBI..
Sun Pharma.Inds.
22 May 2024
CMP
₹1,714.25
Target Price
₹1,180
MO Reco.
Buy
- Sun Pharma's 4QFY24 results update and financials are discus..
- The company's sales, EBITDA, and adjusted PAT for FY24 and ..
The Ramco Cement
22 May 2024
CMP
₹828.15
Target Price
₹870
MO Reco.
Neutral
- The Ramco Cements (TRCL) 4QFY24 EBITDA in line with estimate..
- Reduced capex guidance to INR12b in FY25
India Cements
21 May 2024
CMP
₹374.05
Target Price
₹160 (57% )
MO Reco.
Sell
- India Cements reported 4QFY24 results with a decline in sale..
- The company's EBITDA stood at INR469m, in line with estimat..
Global Health
21 May 2024
CMP
₹1,203.95
Target Price
₹1,620 (35% )
MO Reco.
Buy
- Global Health's 4QFY24 results update includes financials an..
- MEDANTA missed earnings estimate for 4QFY24 due to subdued ..
Data Pattern
21 May 2024
CMP
₹3,296.80
Target Price
₹2,760
MO Reco.
Neutral
- Data Patterns (India) reported a revenue decline of ~2% YoY ..
- Operating performance was healthy with EBITDA margin up 11...
ERIS Lifescience
21 May 2024
CMP
₹1,073.50
Target Price
₹950
MO Reco.
Neutral
- Eris Lifesciences delivered better-than-expected revenue, bu..
- The company clocked organic revenue growth of 15%/10% YoY i..
O N G C
21 May 2024
CMP
₹331.60
Target Price
₹340 (3% )
MO Reco.
Buy
- ONGC's 4QFY24 results update includes changes in estimates, ..
- The company's EBITDA stood at INR174b in 4QFY24, 3% below e..
S A I L
21 May 2024
CMP
₹147.39
Target Price
₹174
MO Reco.
Neutral
- SAIL's 4QFY24 results update and financial performance discu..
- Revenue in line, EBITDA below estimate, APAT above estimate..
VRL Logistics
21 May 2024
CMP
₹567.35
Target Price
₹680 (20% )
MO Reco.
Buy
- VRL Logistics 4QFY24 revenue grew 10% YoY/4% QoQ to ~INR7.7b..
- Volumes increased ~10% YoY to 1.13m tons in 4QFY24.
Balkrishna Inds
20 May 2024
CMP
₹3,280.10
Target Price
₹2,535
MO Reco.
Neutral
- Balkrishna Industries 4QFY24 results update
- Healthy volume growth boosts overall performance
Fusion Microfin.
20 May 2024
CMP
₹438.05
Target Price
₹605 (38% )
MO Reco.
BUY
- Fusion Micro Finance aims to enhance capabilities and build ..
- The company is focused on building a granular and robust ba..
Bandhan Bank
19 May 2024
CMP
₹192.50
Target Price
₹200
MO Reco.
Neutral
- Bandhan Bank's 4QFY24 PAT at INR546m missed by 94% due to hi..
- NII grew 16% YoY to INR28.7b, beating estimates, with expan..
Endurance Tech.
19 May 2024
CMP
₹2,541.70
Target Price
₹2,515
MO Reco.
Buy
- Endurance Technologies reported strong performance in 4QFY24..
- The company's India business margin came in at 13.5%, drive..
GAIL (India)
19 May 2024
CMP
₹230.64
Target Price
₹235 (2% )
MO Reco.
Buy
- GAIL's 4QFY24 results update includes changes in estimates, ..
- One-offs affected 4QFY24 results, but robust guidance was m..
JSW Steel
19 May 2024
CMP
₹900.55
Target Price
₹1070 (19% )
MO Reco.
BUY
- JSW Steel's 4QFY24 result update and financial snapshot
- Operating performance and outlook for JSTL
Phoenix Mills
19 May 2024
CMP
₹3,536.25
Target Price
₹3,220
MO Reco.
Neutral
- Phoenix Mills reported strong growth with new mall openings
- Beat on revenue led by residential segment; EBITDA/PAT in l..
Sobha
19 May 2024
CMP
₹1,799.55
Target Price
₹2,150 (19% )
MO Reco.
Buy
- Sobha's 4QFY24 results update includes financials and valuat..
- Pre-sales declined for the first time in 11 quarters.
Vinati Organics
19 May 2024
CMP
₹2,154.00
Target Price
₹2,080
MO Reco.
Buy
- Vinati Organics 4QFY24 results update includes changes in es..
- Revenue exceeded estimates due to volume recovery across pr..
Zee Entertainmen
19 May 2024
CMP
₹142.62
Target Price
₹160
MO Reco.
Neutral
- Zee Entertainment's 4QFY24 results update includes changes i..
- The company's revenue grew 10% YoY, led by advertising reve..
Avalon Tech
18 May 2024
CMP
₹522.50
Target Price
₹570 (9% )
MO Reco.
Buy
- Avalon Technologies reported weak quarter with revenue decli..
- Order book showed resilience with order inflows at ~INR3.1b..
Glaxosmi. Pharma
18 May 2024
CMP
₹2,707.30
Target Price
₹2,270
MO Reco.
Neutral
- GSK Pharma's 4QFY24 results update and financials
- Sales growth and better operating leverage drive earnings
Vodafone Idea
18 May 2024
CMP
₹15.98
Target Price
₹15
MO Reco.
Neutral
- Vodafone Idea's 4QFY24 results update includes changes in es..
- The company reported a 2% QoQ EBITDA growth in 4QFY24 despi..
IDFC First Bank
18 May 2024
CMP
₹74.48
Target Price
-
MO Reco.
-
- IDFC First Bank's loan growth to remain robust with a focus ..
- The bank aims to grow its loan book to INR5t by FY29E from ..
Trent
18 May 2024
CMP
₹5,393.35
Target Price
₹5,100
MO Reco.
Buy
- Trent Limited (TRENT) update on retail sector and market per..
- Company's focus on value retail space and market share.
Triveni Turbine
18 May 2024
CMP
₹608.90
Target Price
₹720 (18% )
MO Reco.
Buy
- Triveni Turbine's 4QFY24 results exceeded expectations with ..
- Domestic order inflows declined by 7% YoY, while export ord..
Zydus Lifesci.
18 May 2024
CMP
₹1,206.05
Target Price
₹1,045
MO Reco.
Neutral
- Zydus LifeSciences 4QFY24 results update and financials
- Estimate, target price, and rating changes
Container Corpn.
17 May 2024
CMP
₹1,039.95
Target Price
₹1,260 (21% )
MO Reco.
Buy
- 4QFY24 results update for Container Corporation
- Sector: Logistics
Kaynes Tech
17 May 2024
CMP
₹4,249.95
Target Price
₹3,680
MO Reco.
Buy
- Kaynes Technologies 4QFY24 Results Update
- Strong revenue growth of 75% YoY in 4QFY24
Restaurant Brand
17 May 2024
CMP
₹108.54
Target Price
₹140 (29% )
MO Reco.
Buy
- Restaurant Brands Asia (RBA) has seen a change in target pri..
- The company's India business has shown healthy revenue grow..
Apollo Tyres
16 May 2024
CMP
₹550.40
Target Price
₹550
MO Reco.
Buy
- Apollo Tyres 4QFY24 results update with financials and valua..
- Improving outlook in both India and EU with a buy rating.
Bharti Airtel
16 May 2024
CMP
₹1,514.40
Target Price
₹1,640 (8% )
MO Reco.
Buy
- Bharti Airtel reports in-line revenue/EBITDA growth.
- Deleveraging exercise aided by healthy FCF generation.
V-Mart Retail
16 May 2024
CMP
₹3,403.15
Target Price
₹2,200
MO Reco.
Neutral
- V-Mart Retail's 4QFY24 results update includes healthy SSSG ..
- Revenue growth in line with a 13% YoY increase.
Biocon
16 May 2024
CMP
₹368.50
Target Price
₹280
MO Reco.
Neutral
- Biocon's 4QFY24 results update includes changes in estimates..
- The company's earnings were driven by biosimilar off-take a..
LIC Housing Fin.
16 May 2024
CMP
₹791.30
Target Price
₹790
MO Reco.
Buy
- LIC Housing Finance's 4QFY24 results update and financials a..
- The company's NIM rose ~15bp QoQ, with a sharp improvement ..
M & M
16 May 2024
CMP
₹2,887.80
Target Price
₹2,720
MO Reco.
Buy
- Mahindra & Mahindra's strong 4QFY24 performance with improve..
- Enhanced capex guidance for the next three years.
Motherson Wiring
16 May 2024
CMP
₹75.21
Target Price
₹80 (6% )
MO Reco.
Buy
- Motherson Wiring 4QFY24 results update
- Marginal miss at EBITDA due to higher other expenses
Repco Home Fin
16 May 2024
CMP
₹541.70
Target Price
₹540
MO Reco.
Neutral
- Repco Home Finance 4QFY24 results update
- Financials & valuations for FY24 and FY25E
Tata Consumer
16 May 2024
CMP
₹1,213.65
Target Price
₹1350(+23%) (11% )
MO Reco.
Buy
- Tata Consumer Products has a joint venture with Starbucks Co..
- Rapidly expanded to 421 outlets in India
J K Cements
15 May 2024
CMP
₹4,387.65
Target Price
₹5,300 (21% )
MO Reco.
Buy
- JK Cement's 4QFY24 results update indicates a buy rating wit..
- The company missed estimates with soft prices expected in t..
Siemens
15 May 2024
CMP
₹6,917.30
Target Price
₹7,800 (13% )
MO Reco.
Buy
- Siemens 2QFY24 result update with sector and financial detai..
- Strong performance with revenue and PAT growth of 18% and 7..
Clean Science
15 May 2024
CMP
₹1,530.55
Target Price
₹1,375
MO Reco.
Neutral
- Clean Science & Technology reported 4QFY24 results update
- Revenue contribution of FMCG Chemicals increased YoY
Colgate-Palmoliv
15 May 2024
CMP
₹3,165.20
Target Price
₹2,500
MO Reco.
Neutral
- Colgate's 4QFY24 results update includes revenue growth and ..
- Despite price hikes, volume growth remains a concern for Co..
Granules India
15 May 2024
CMP
₹563.10
Target Price
₹465
MO Reco.
Buy
- Granules India's 4QFY24 results update includes changes in e..
- The company's financials and valuations show a decline in e..
Jyothy Labs
15 May 2024
CMP
₹548.45
Target Price
₹475
MO Reco.
Neutral
- Jyothy Laboratories reported lower-than-expected revenue and..
- Revenue grew 7% YoY to INR6.6b, led by 7% volume growth.
Oberoi Realty
15 May 2024
CMP
₹1,785.00
Target Price
₹1,435
MO Reco.
Neutral
- Oberoi Realty's 4QFY24 results update includes financials an..
- The company achieved pre-sales of INR17.6b, up 160% YoY.
Shree Cement
15 May 2024
CMP
₹27,566.75
Target Price
₹28,000
MO Reco.
Neutral
- Shree Cement's 4QFY24 results update and financial snapshot
- Strong performance with focus on cost optimization and capa..
Aditya Birla Cap
14 May 2024
CMP
₹223.43
Target Price
₹260 (16% )
MO Reco.
Buy
- Aditya Birla Capital (ABCAP) 4QFY24 consolidated revenue gre..
- NBFC loan book grew 31% YoY/7% QoQ to ~INR1.05t. Loans to R..
Devyani Intl.
14 May 2024
CMP
₹176.94
Target Price
₹185 (5% )
MO Reco.
Buy
- Devyani International reported 38.7% YoY revenue growth in 4..
- Organic growth was ~5% YoY despite a 20% store growth.
DLF
14 May 2024
CMP
₹829.70
Target Price
₹850
MO Reco.
Neutral
- Real Estate DLF's 4QFY24 results update and financials are d..
- DLF's muted bookings in 4Q with a strong pipeline for FY25.
PVR Inox
14 May 2024
CMP
₹1,493.85
Target Price
₹1,400
MO Reco.
Neutral
- PVR-Inox reported subdued quarter with 22.6% occupancy and 0..
- Revenue declined 19% QoQ, led by weak ticketing and ad reve..
Tube Investments
14 May 2024
CMP
₹4,162.95
Target Price
₹4,400 (6% )
MO Reco.
Buy
- Tube Investments of India 4QFY24 results update
- Miss on operating profit due to higher other expenses
Union Bank (I)
14 May 2024
CMP
₹132.87
Target Price
₹165 (24% )
MO Reco.
Buy
- Union Bank of India's financial update on 14 May 2024
- Key takeaways from the analyst meet hosted by the bank's ma..
APL Apollo Tubes
13 May 2024
CMP
₹1,484.35
Target Price
₹1,800 (21% )
MO Reco.
Buy
- APL Apollo Tubes reported muted sales volume in 4QFY24, lead..
- The company's revenue grew 8% YoY to INR47.7b in 4QFY24, dr..
Fine Organic
13 May 2024
CMP
₹5,190.70
Target Price
₹3,785 (27% )
MO Reco.
Sell
- Fine Organic Industries reported higher-than-estimated EBITD..
- Gross margin improved 450bp YoY to 43.6%, primarily due to ..
Five-Star Bus.Fi
13 May 2024
CMP
₹757.85
Target Price
₹950 (25% )
MO Reco.
Buy
- Five-Star Business Finance is a NBFC providing small busines..
- High growth potential and robust asset quality.
Jindal Steel
13 May 2024
CMP
₹972.35
Target Price
₹1090 (12% )
MO Reco.
Buy
- Jindal Steel & Power (JSP) reported 4QFY24 results with a ma..
- The company's outlook remains bright with an increase in pr..
Piramal Pharma
13 May 2024
CMP
₹166.51
Target Price
₹190 (14% )
MO Reco.
Buy
- Piramal Pharma's 4QFY24 results show a strong turnaround in ..
- The company's Contract development and manufacturing organi..
Syrma SGS Tech.
13 May 2024
CMP
₹475.60
Target Price
₹535 (12% )
MO Reco.
Buy
- Syrma SGS Technology's 4QFY24 results update includes sector..
- Unfavorable business mix continues to impact margins, with ..
Thermax
13 May 2024
CMP
₹5,068.95
Target Price
₹4,180
MO Reco.
Neutral
- Thermax 4QFY24 results beat estimates with in-line revenue a..
- Order inflow growth remains weak, with inflows lower than e..
UPL
13 May 2024
CMP
₹544.15
Target Price
₹560
MO Reco.
Neutral
- UPL reported weak 4QFY24 results with revenue decline and EB..
- Gross debt increased to INR284.4b and net debt to INR222b a..
Varun Beverages
13 May 2024
CMP
₹1,676.65
Target Price
₹1,720 (3% )
MO Reco.
Buy
- Varun Beverages reported 11% revenue growth in 1QCY24.
- Earnings were above estimates due to cost optimization and ..
A B B
12 May 2024
CMP
₹7,851.25
Target Price
₹8,500 (8% )
MO Reco.
Buy
- ABB India's 1QCY24 results exceeded estimates, driven by mar..
- Revenue was in line with estimates at INR30.8b, driven by E..
B P C L
12 May 2024
CMP
₹328.80
Target Price
₹660
MO Reco.
Neutral
- BPCL's 4QFY24 results update includes changes in estimates, ..
- Weak refining and impairment led to earnings miss in 4QFY24..
Eicher Motors
12 May 2024
CMP
₹5,012.50
Target Price
₹4,020
MO Reco.
Downgrade to sell
- Eicher Motors' 4QFY24 results update includes changes in est..
- The company's operating performance was in line with expect..
H P C L
12 May 2024
CMP
₹376.55
Target Price
₹600 (59% )
MO Reco.
BUY
- HPCL's 4QFY24 result update shows weaker refining offset by ..
- Refinery throughput was above estimate at 5.8mmt, but GRM w..
Tata Motors
12 May 2024
CMP
₹1,118.30
Target Price
₹955
MO Reco.
Neutral
- TATA Motors released 4QFY24 results for Automobiles sector.
- 4QFY24 result was in line with estimates.
Union Bank (I)
12 May 2024
CMP
₹132.87
Target Price
₹165 (24% )
MO Reco.
Buy
- Union Bank of India's PAT grew by 19% YoY to INR33b in 4QFY2..
- NII increased by 14.4% YoY to INR94.4b, meeting expectation..
Alkyl Amines
11 May 2024
CMP
₹2,050.40
Target Price
₹2,010
MO Reco.
Neutral
- Alkyl Amines 4QFY24 results update with financials and valua..
- AACL's 4QFY24 revenue declined 14% YoY to INR3.6b.
Polycab India
11 May 2024
CMP
₹6,548.50
Target Price
₹7,850 (20% )
MO Reco.
BUY
- Polycab India's 4QFY24 performance exceeded estimates with h..
- The company's market share stands at 25-26% in the domestic..
Asian Paints
10 May 2024
CMP
₹2,950.15
Target Price
₹3,000
MO Reco.
Neutral
- Asian Paints posted 1%/2% YoY decline in consolidated/standa..
- Decorative volume growth at 10% YoY, with a value-to-volume..
Kirloskar Oil
10 May 2024
CMP
₹1,217.50
Target Price
₹1,220 (0% )
MO Reco.
Buy
- Kirloskar Oil Engines (KOEL) reported strong results for 4QF..
- The company's revenue, EBITDA, and PAT grew significantly y..
Aurobindo Pharma
10 May 2024
CMP
₹1,386.20
Target Price
₹1,180
MO Reco.
Neutral
- Aurobindo Pharma's biosimilar pipeline to bring commercial b..
Bank of Baroda
10 May 2024
CMP
₹249.70
Target Price
₹300 (20% )
MO Reco.
Buy
- Bank of Baroda's 4QFY24 PAT is INR48.9b, up 2% YoY.
- NIMs improved 17bp QoQ, supported by recoveries.
Cams Services
10 May 2024
CMP
₹4,031.75
Target Price
₹3,700
MO Reco.
Buy
- CAMS reported strong operating performance with improved EBI..
- The company's net profit grew by 38.5% YoY, surpassing esti..
Cipla
10 May 2024
CMP
₹1,575.00
Target Price
₹1,600 (2% )
MO Reco.
BUY
- Cipla's 4QFY24 results update includes changes in estimates,..
- The company reported a slight miss on earnings for 4QFY24 d..
Mahanagar Gas
10 May 2024
CMP
₹1,846.10
Target Price
-
MO Reco.
-
- Mahanagar Gas (MAHGL) 4QFY24 results update in the oil & gas..
- Financials & valuations for FY24, FY25E, and FY26E.
Relaxo Footwear
10 May 2024
CMP
₹864.85
Target Price
₹790
MO Reco.
Neutral
- Relaxo Footwears 4QFY24 results update
- Weak revenue weighs on profitability
Sapphire Foods
10 May 2024
CMP
₹1,555.80
Target Price
₹1,650 (6% )
MO Reco.
Buy
- Sapphire Foods reported 13% YoY revenue growth despite 18% Y..
- KFC's revenue rose 16% YoY despite 26% YoY store growth, wh..
TCI Express
10 May 2024
CMP
₹1,201.30
Target Price
₹1,270 (6% )
MO Reco.
Buy
- TCI Express 4QFY24 result update for logistics sector
- Performance in line with volume growth driven by branch net..
Kajaria Ceramics
09 May 2024
CMP
₹1,438.20
Target Price
₹1,500 (4% )
MO Reco.
Buy
- Kajaria Ceramics' 4QFY24 results update includes changes in ..
- The company's consolidated revenue grew 3% YoY to INR12.4b,..
Bharat Forge
09 May 2024
CMP
₹1,684.90
Target Price
₹1,370
MO Reco.
Neutral
- Bharat Forge 4QFY24 results update
- Downgrade to Neutral with TP of INR1,370
Piramal Enterp.
09 May 2024
CMP
₹992.10
Target Price
₹925
MO Reco.
Neutral
- Piramal Enterprises Bloomberg Equity Shares (m) M.Cap.(INRb)..
- Downgrade to Neutral due to more stress ahead from rundown ..
TVS Motor Co.
09 May 2024
CMP
₹2,508.00
Target Price
₹1,930
MO Reco.
Neutral
- TVS Motor's financials and valuations for 2024-2026 are prov..
- 4QFY24 saw a record EBITDA margin of 11.3%.
United Breweries
09 May 2024
CMP
₹2,037.00
Target Price
₹1,650 (19% )
MO Reco.
Sell
- United Breweries (UBBL) 4QFY24 results update
- Healthy volume growth, GM recovery below expectation
Alembic Pharma
09 May 2024
CMP
₹1,216.35
Target Price
₹960
MO Reco.
Neutral
- Alembic Pharma's 4QFY24 results update includes changes in e..
- The company's financials and valuations show growth in sale..
Escorts Kubota
09 May 2024
CMP
₹4,145.55
Target Price
₹3,145
MO Reco.
Neutral
- Escorts Kubota's 4QFY24 results update includes changes in e..
- The company's financials and valuations show a growth in sa..
Godrej Agrovet
09 May 2024
CMP
₹832.45
Target Price
₹570
MO Reco.
Neutral
- Godrej Agrovet reported strong operating performance in 4QFY..
- The animal feed business also contributed significantly, wi..
Guj.St.Petronet
09 May 2024
CMP
₹332.20
Target Price
₹350 (5% )
MO Reco.
Buy
- Gujarat State Petronet's 4QFY24 EBITDA was in line with esti..
- EBITDAM was 50bp higher than estimated at 83.1%
Home First Finan
09 May 2024
CMP
₹1,061.50
Target Price
₹1070 (1% )
MO Reco.
Buy
- Home First Finance's 4QFY24 PAT grew 30% YoY to INR835m, in ..
- NII grew 22% YoY to INR1.37b, while other income grew 32% Y..
JSW Infrast
09 May 2024
CMP
₹343.75
Target Price
₹300
MO Reco.
Buy
- JSW Infrastructure's stock is performing well in the logisti..
- The company's financials show a strong growth trajectory ov..
Kalpataru Proj.
09 May 2024
CMP
₹1,361.15
Target Price
₹1,360
MO Reco.
Buy
- Kalpataru Projects International's 4QFY24 result update incl..
- The company's focus remains on reducing working capital and..
Punjab Natl.Bank
09 May 2024
CMP
₹119.95
Target Price
₹130
MO Reco.
Neutral
- Punjab National Bank reported 4QFY24 results with a PAT of I..
- NII grew 9% YoY to INR104b, while NIM contracted 5bp QoQ to..
St Bk of India
09 May 2024
CMP
₹862.45
Target Price
₹925 (7% )
MO Reco.
Buy
- State Bank of India shows strong earnings growth and perform..
- Net Interest Margins expanded by 8bp QoQ.
SRF
09 May 2024
CMP
₹2,456.15
Target Price
₹2,100
MO Reco.
Neutral
- SRF reported subdued operating performance in 4QFY24
- Chemicals and packaging businesses dragged operating perfor..
CreditAcc. Gram.
08 May 2024
CMP
₹1,311.95
Target Price
₹1,725 (31% )
MO Reco.
Buy
- CreditAccess Grameen (CREDAG) delivered a healthy operationa..
- The company's NII and PPoP grew significantly YoY.
Godrej Consumer
08 May 2024
CMP
₹1,467.50
Target Price
₹1,550 (6% )
MO Reco.
Buy
- Godrej Consumer's 4QFY24 results show positive outcomes and ..
- Consolidated sales grew 6% YoY, with growth in sales, EBITD..
Lupin
08 May 2024
CMP
₹1,840.70
Target Price
₹1,550
MO Reco.
Neutral
- Lupin's 4QFY24 results update includes changes in estimates,..
- The company's niche product drives earnings growth.
Navin Fluo.Intl.
08 May 2024
CMP
₹3,530.55
Target Price
₹3,110
MO Reco.
Neutral
- Navin Fluorine International (NFIL) reported strong performa..
- EBITDA/PAT grew 13%/42% YoY, beating estimates.
BSE
08 May 2024
CMP
₹2,447.50
Target Price
₹3,000
MO Reco.
Neutral
- BSE reported 4QFY24 results with changes in estimates, TP, a..
- Provision for SEBI regulatory fees affected profitability.
Canara Bank
08 May 2024
CMP
₹113.86
Target Price
₹650 (471% )
MO Reco.
Buy
- Canara Bank's 4QFY24 PAT: INR37.6b, driven by higher other i..
- NII grew 11.2% YoY, with margins improving 4bp QoQ to 3.07%..
Indraprastha Gas
08 May 2024
CMP
₹540.50
Target Price
₹390 (28% )
MO Reco.
Sell
- Indraprastha Gas (IGL) financials and valuations for FY24 an..
- IGL's EBITDA and PAT performance in 4QFY24.
K E C Intl.
08 May 2024
CMP
₹880.05
Target Price
₹710
MO Reco.
Neutral
- KEC International's 4QFY24 results were in line with expecta..
- Revenue worth INR4-5b was deferred due to supply chain disr..
Voltas
08 May 2024
CMP
₹1,490.35
Target Price
₹1,590 (7% )
MO Reco.
BUY
- Voltas 4QFY24 results update with changes in estimates, targ..
- RAC market share at 18.7% YTD; volumes rise ~35% YoY in FY2..
Westlife Food
08 May 2024
CMP
₹833.55
Target Price
₹775
MO Reco.
Neutral
- Westlife Foodworld's 4QFY24 results update includes a change..
- Sales grew 1% YoY to INR5.6b in 4QFY24, with a 5% decline i..
Gujarat Gas
08 May 2024
CMP
₹648.45
Target Price
₹650 (0% )
MO Reco.
Buy
- Gujarat Gas reported strong 4QFY24 results with EBITDA and P..
- The company's long-term volume growth prospects remain robu..
Hero Motocorp
08 May 2024
CMP
₹5,478.90
Target Price
₹5,320
MO Reco.
Buy
- Hero MotoCorp posted in-line operating performance in 4QFY24
- Gross margins improved due to favorable mix and cost saving..
Larsen & Toubro
08 May 2024
CMP
₹3,679.90
Target Price
₹4,000 (9% )
MO Reco.
Buy
- Larsen & Toubro (L&T) reported 15%/6%/8% YoY growth in reven..
- The company's margin guidance was cut due to supply chain i..
Pidilite Inds.
08 May 2024
CMP
₹3,135.35
Target Price
₹2,800
MO Reco.
Neutral
- Pidilite Industries reported 8% YoY revenue growth in 4QFY24..
- The consumer business saw a 13% volume growth and B2B busin..
Vedant Fashions
07 May 2024
CMP
₹1,082.80
Target Price
₹1,010
MO Reco.
Neutral
- Vedant Fashions update on company's performance and future p..
- Management's confidence in demand recovery post-2QFY25
Dr Reddy`s Labs
07 May 2024
CMP
₹6,878.65
Target Price
₹6,070
MO Reco.
Neutral
- Dr. Reddys Labs 4QFY24 results update and financials
- Efforts to address regulatory concerns of BLA-Rituximab
Fusion Microfin.
07 May 2024
CMP
₹438.05
Target Price
₹605 (38% )
MO Reco.
Buy
- Fusion Microfinance 4QFY24 results update in financial secto..
- Earnings miss due to elevated credit costs; NIM rose ~5bp Q..
IRB Infra.Devl.
07 May 2024
CMP
₹66.92
Target Price
₹61
MO Reco.
Neutral
- IRB Infrastructure's 4QFY24 results update and financial est..
- Revenue growth, EBITDA margin, and order book details.
Max Financial
07 May 2024
CMP
₹1,108.25
Target Price
₹1040
MO Reco.
Neutral
- MAX Financial Services reported 4QFY24 results update in the..
- The company's VNB margin beats estimates and guides better-..
Phoenix Mills
07 May 2024
CMP
₹3,536.25
Target Price
₹3,220
MO Reco.
Neutral
- Phoenix Mills company update on BSE SENSEX and S&P CNX
- CMP: INR2,975 TP: INR3,220 (+8%)
Birla Corpn.
06 May 2024
CMP
₹1,538.95
Target Price
₹1,800 (17% )
MO Reco.
Buy
- Birla Corporation's 4QFY24 results update includes higher re..
- Volume growth at ~8-9% YoY in FY25E; EBITDA/t to grow ~8-10..
Britannia Inds.
06 May 2024
CMP
₹5,872.80
Target Price
₹5,250
MO Reco.
Neutral
- Britannia Industries 4QFY24 results update
- Revenue growth in line with estimates
Coal India
06 May 2024
CMP
₹509.85
Target Price
₹530 (4% )
MO Reco.
Buy
- Coal India's 4QFY24 results update shows operational perform..
- The company's outlook remains bright with a positive volume..
Indian Bank
06 May 2024
CMP
₹581.45
Target Price
₹625 (7% )
MO Reco.
Buy
- Indian Bank's steady quarter with healthy earnings and impro..
- Strong growth in Net Interest Income and Other Income.
M & M Fin. Serv.
06 May 2024
CMP
₹293.65
Target Price
₹325 (11% )
MO Reco.
Buy
- Mahindra & Mahindra Financials 4QFY24 PAT declined ~10% YoY ..
- Adjusted for provisions on Mizoram fraud, PAT would have be..
Marico
06 May 2024
CMP
₹679.75
Target Price
₹625
MO Reco.
Buy
- Marico reported in-line revenue growth with slight miss in E..
- Domestic revenue was flat due to price cuts, but volume gre..
M R P L
06 May 2024
CMP
₹214.88
Target Price
-
MO Reco.
-
- MRPL's 4QFY24 results show a solid beat vs. estimates.
- Earnings are expected to decline from 1QFY25 due to weaker ..
Raymond
06 May 2024
CMP
₹2,052.55
Target Price
₹2,585 (26% )
MO Reco.
Buy
- Raymond reported 4QFY24 results with revenue/EBITDA growth o..
- The growth was driven by strong real estate revenue recogni..
CEAT
05 May 2024
CMP
₹2,609.55
Target Price
₹2,930 (12% )
MO Reco.
Buy
- CEAT's 4QFY24 results disappointed despite healthy volume gr..
- Margins were hit by higher ad spending and extended produce..
Avenue Super.
05 May 2024
CMP
₹5,071.60
Target Price
₹5,310 (5% )
MO Reco.
Buy
- Avenue Supermarts (DMART) reported 20% YoY growth in consoli..
- The company added 24 stores in 4QFY24, reaching a total of ..
Kotak Mah. Bank
05 May 2024
CMP
₹1,813.85
Target Price
₹1,700
MO Reco.
Neutral
- Kotak Mahindra Bank (KMB) had a strong quarter with improved..
- The bank showed steady growth in loan book and deposits.
MRF
05 May 2024
CMP
₹138,870.30
Target Price
₹92,000 (34% )
MO Reco.
Sell
- MRF's 4QFY24 results update includes changes in estimates, t..
- Weak operational performance due to RM pressure and EPR pro..
CIE Automotive
04 May 2024
CMP
₹589.00
Target Price
₹565
MO Reco.
Buy
- CIE Automotive's 1QCY24 operating performance was in line wi..
- Higher other income drove PAT beat despite delay in custome..
Godrej Propert.
04 May 2024
CMP
₹3,128.70
Target Price
₹3,000
MO Reco.
Buy
- Godrej Properties (GPL) reported highest ever bookings of IN..
- Sales volume for the quarter increased 56%/88% YoY/QoQ to 8..
JSW Infrast
04 May 2024
CMP
₹343.75
Target Price
₹300
MO Reco.
Buy
- JSW Infrastructure reported robust 4QFY24 results with highe..
- The company aims to increase its capacity to 258MMT/400MMT ..
Titan Company
04 May 2024
CMP
₹3,494.15
Target Price
-
MO Reco.
-
- Titan Company's 4QFY24 results update indicates a buy rating..
- The company posted consolidated sales growth of 21% YoY in ..
Cholaman.Inv.&Fn
03 May 2024
CMP
₹1,410.95
Target Price
₹1,500 (6% )
MO Reco.
Buy
- Cholamandalam Inv. & Finance (CIFC) 4QFY24 PAT grew ~24% YoY..
- AUM rises ~37% YoY; opex elevated due to incentive & CSR ex..
Blue Dart Expres
03 May 2024
CMP
₹7,894.75
Target Price
₹7,860
MO Reco.
Buy
- Blue Dart Express's 4QFY24 results update and financial snap..
- Capacity utilization picking up; outlook bright
KEI Industries
03 May 2024
CMP
₹4,356.75
Target Price
₹5,000 (15% )
MO Reco.
BUY
- KEI Industries' 4QFY24 results update shows a healthy perfor..
- Revenue CAGR likely to be 17-18% aided by robust capex plan..
Can Fin Homes
02 May 2024
CMP
₹856.90
Target Price
₹820
MO Reco.
Neutral
- Can Fin Homes 4QFY24 Result Update
- Financial snapshot and ratios
Vedant Fashions
02 May 2024
CMP
₹1,082.80
Target Price
₹1,010
MO Reco.
Neutral
- Vedant Fashions 4QFY24 results update for Manyavar brand
- Financials and valuations overview
Indostar Capital
02 May 2024
CMP
₹249.44
Target Price
₹280 (12% )
MO Reco.
Buy
- Indostar Capital Finance reported improvement in business mo..
- Disbursements rose ~31% QoQ to ~INR17.7b; CV segment contri..
Ambuja Cements
02 May 2024
CMP
₹686.40
Target Price
₹600
MO Reco.
Neutral
- Ambuja Cements 4QFY24 results update with financial snapshot..
- Weak realization hurts; focus remains on cost control.
Ajanta Pharma
02 May 2024
CMP
₹2,401.65
Target Price
₹2,565 (7% )
MO Reco.
Buy
- Ajanta Pharma's 4QFY24 results update includes changes in es..
- The company aims to consistently outperform the industry in..
Adani Ports
02 May 2024
CMP
₹1,542.75
Target Price
₹1,550 (0% )
MO Reco.
Buy
- Adani Ports & SEZ reported a revenue growth of 19% YoY to IN..
- EBITDA margin came in at 58.6% in 4QFY24 vs. the estimate o..
Atul
02 May 2024
CMP
₹7,550.80
Target Price
₹5,670
MO Reco.
Neutral
- Atul's 4QFY24 results update includes changes in estimates, ..
- Revenue in Life Science Chemicals segment declined 8% YoY, ..
Castrol India
02 May 2024
CMP
₹266.01
Target Price
-
MO Reco.
-
- Castrol (India) reported 1QCY24 results with a buy rating.
- Revenue grew 2% YoY to INR13.3b in 1QCY24.
Dabur India
02 May 2024
CMP
₹632.45
Target Price
₹650 (3% )
MO Reco.
Buy
- Dabur's 4QFY24 results update includes changes in estimates,..
- The company's revenue growth was largely in line with a 5% ..
Federal Bank
02 May 2024
CMP
₹198.00
Target Price
₹195
MO Reco.
Buy
- Federal Bank's 4QFY24 results and ratings changes reported.
- Steady business growth and improved asset quality in financ..
Indus Towers
02 May 2024
CMP
₹444.85
Target Price
-
MO Reco.
-
- Indus Towers reported flat revenue QoQ, but EBITDA and PAT g..
- Tower additions were led by one operator, moderating the AS..
Havells India
01 May 2024
CMP
₹1,838.65
Target Price
₹1,780
MO Reco.
Neutral
- Havells India's 4QFY24 results update includes sector perfor..
- The company reported strong revenue growth in ECD/cables an..
I O C L
01 May 2024
CMP
₹176.55
Target Price
₹195 (10% )
MO Reco.
Buy
- IOCL's 4QFY24 EBITDA of INR104b was 26% below estimate
- Due to weaker-than-estimated reported GRM and weak petchem ..
Sona BLW Precis.
01 May 2024
CMP
₹690.25
Target Price
₹630
MO Reco.
Neutral
- SONA BLW Precision Forging's 4QFY24 operational performance ..
- The company's revenue from pure ICE dependence continues to..
Craftsman Auto
30 Apr 2024
CMP
₹5,323.85
Target Price
₹5,305
MO Reco.
Buy
- Craftsman Automation reported weak 4QFY24 results, leading t..
- The company expects gradual recovery from 1Q onwards with e..
PNB Housing
30 Apr 2024
CMP
₹793.85
Target Price
₹1,015 (28% )
MO Reco.
Buy
- PNB Housing's 4QFY24 result update and financial snapshot ar..
- The company's strong earnings beat, NIM expansion, and impr..
Poonawalla Fin
30 Apr 2024
CMP
₹375.70
Target Price
₹570 (52% )
MO Reco.
BUY
- Poonawalla Fincorp's 4QFY24 NII grew 48% YoY to ~INR5.6b
- PPoP surged 103% YoY to ~INR4.1b
Spandana Sphoort
30 Apr 2024
CMP
₹701.50
Target Price
₹1,075 (53% )
MO Reco.
Buy
- Spandana Sphoorty's financials and valuations are discussed ..
- The company's quarterly performance, AUM growth, and strate..
Interglobe Aviat
30 Apr 2024
CMP
₹4,493.40
Target Price
₹4,065
MO Reco.
Neutral
- InterGlobe Aviation plans to expand international operations..
- The company has placed an order for 30 Airbus A350-900 airc..
P & G Hygiene
30 Apr 2024
CMP
₹17,385.70
Target Price
₹17,000
MO Reco.
Neutral
- P&G Hygiene and Healthcare (PGHH) delivered healthy sales gr..
- GM expanded 980bp/600bp YoY/QoQ to 66%. Ad spending rose 26..
Shoppers Stop
30 Apr 2024
CMP
₹770.15
Target Price
₹695
MO Reco.
Neutral
- Shoppers Stop reported 4% YoY growth in EBITDA (6% miss) in ..
- 9% YoY revenue growth was offset by inventory write-off and..
Star Health Insu
30 Apr 2024
CMP
₹613.35
Target Price
-
MO Reco.
-
- Star Health's 4QFY24 results update and financial performanc..
- Profit jumped 40% YoY in 4QFY24 to INR1.4b
Coromandel Inter
29 Apr 2024
CMP
₹1,624.70
Target Price
₹1,400
MO Reco.
Buy
- Coromandel International reported weak operating performance..
- Subdued demand affected fertilizer and crop protection marg..
L&T Finance Ltd
29 Apr 2024
CMP
₹180.47
Target Price
₹210 (16% )
MO Reco.
Buy
- L&T Finance reported 4QFY24 PAT of INR5.5b, 18% miss
- Retail loans grew ~31% YoY; asset quality improved
Mahindra Life.
29 Apr 2024
CMP
₹609.65
Target Price
₹600
MO Reco.
Neutral
- Mahindra Lifespaces experienced changes in target price, rat..
- The company reported strong quarterly bookings but low trac..
Trent
29 Apr 2024
CMP
₹5,393.35
Target Price
₹4,870
MO Reco.
BUY
- Trent reported 53% revenue growth in 4QFY24.
- Added five stores, totaling 232 stores.
Tata Chemicals
29 Apr 2024
CMP
₹1,070.70
Target Price
₹980
MO Reco.
Neutral
- Tata Chemicals 4QFY24 result affected by low soda ash prices
- Revenue and EBITDA decrease, leading to adjusted net loss
UltraTech Cem.
29 Apr 2024
CMP
₹11,673.05
Target Price
₹11,500
MO Reco.
Buy
- UltraTech Cement's 4QFY24 operating performance exceeded est..
- Management expects cement demand to grow ~7-9% YoY in FY25.
ICICI Bank
28 Apr 2024
CMP
₹1,207.20
Target Price
₹1,300 (8% )
MO Reco.
Buy
- ICICI Bank's strong 4QFY24 performance with 17% YoY net earn..
- Healthy credit and deposit growth at 16% YoY and 20% YoY re..
IDFC First Bank
28 Apr 2024
CMP
₹74.48
Target Price
₹88
MO Reco.
Neutral
- IDFC First Bank's 4QFY24 PAT at INR7.2b.
- NII grew 24% YoY, margins contracted 7bp QoQ to 6.35%.
RBL Bank
28 Apr 2024
CMP
₹235.85
Target Price
₹280
MO Reco.
Neutral
- RBL Bank reported strong financial performance in 4QFY24.
- NII grew 18% YoY to INR16b, while NIM moderated to 5.45%.
Apollo Hospitals
28 Apr 2024
CMP
₹6,664.55
Target Price
₹7,280 (9% )
MO Reco.
Buy
- Apollo Hospitals Enterprises (AHEL) proposed equity capital ..
- Deal integrates Keimed (distribution) business with AHL
SBI Cards
27 Apr 2024
CMP
₹721.70
Target Price
₹850
MO Reco.
Neutral
- SBI Cards beats PAT expectations in 4QFY24 results.
- NIM contracts sharply, spending growth decelerates, and ass..
Maruti Suzuki
26 Apr 2024
CMP
₹12,663.70
Target Price
₹14,700 (16% )
MO Reco.
Buy
- Maruti Suzuki's 4QFY24 operating performance missed estimate..
- Financials show a steady 13% earnings CAGR over FY24-26.
SBI Life Insuran
26 Apr 2024
CMP
₹1,750.95
Target Price
₹1,700
MO Reco.
BUY
- SBI Life Insurance reported decent performance in 4QFY24 wit..
- The company is focusing on protection and non-par to improv..
Shriram Finance
26 Apr 2024
CMP
₹2,925.00
Target Price
₹2,950 (1% )
MO Reco.
Buy
- Shriram Finance reported 4QFY24 PAT growth of ~49% YoY to ~I..
- FY24 PAT grew ~20% YoY to ~INR71.9b.
Equitas Sma. Fin
25 Apr 2024
CMP
₹86.96
Target Price
₹125 (44% )
MO Reco.
Buy
- Equitas Small Finance reported in-line earnings for 4QFY24 w..
- Despite one-off items, the bank reported a PAT of INR2.33b.
Indian Hotels Co
25 Apr 2024
CMP
₹647.00
Target Price
₹680 (5% )
MO Reco.
Buy
- Indian Hotels reports 17% YoY revenue growth in 4QFY24
- Driven by better occupancy and ARR.
DCB Bank
25 Apr 2024
CMP
₹125.29
Target Price
₹155
MO Reco.
Neutral
- DCB Bank reported 9.5% YoY/23% QoQ growth in PAT to INR1.6b.
- NII grew 4% YoY to INR5.1b, aided by 14bp QoQ expansion in ..
ACC
25 Apr 2024
CMP
₹2,614.15
Target Price
₹2,600
MO Reco.
Neutral
- ACC 4QFY24 results update with financials and valuations.
- Cement sales volume grew 23.5% YoY in 4Q.
IndusInd Bank
25 Apr 2024
CMP
₹1,403.90
Target Price
₹1,850 (32% )
MO Reco.
Buy
- IndusInd Bank's 4QFY24 performance in line with expectations..
- Healthy loan growth at 18.4% YoY to INR3.4t.
Macrotech Devel.
25 Apr 2024
CMP
₹1,403.00
Target Price
₹1,415 (1% )
MO Reco.
Buy
- Macrotech Developers achieved bookings of INR42.3b, up 40%/2..
- The company achieved its guidance, recording pre-sales of I..
Nestle India
25 Apr 2024
CMP
₹2,476.90
Target Price
-
MO Reco.
-
- Nestle India reported 9% YoY revenue growth during the quart..
- Domestic sales grew 9% YoY, supported by pricing, mix, and ..
Dalmia BharatLtd
25 Apr 2024
CMP
₹1,812.20
Target Price
₹2,300 (27% )
MO Reco.
Buy
- Dalmia Bharat's 4QFY24 EBITDA declined 7% YoY to INR6.5b.
- Management expects weak cement prices in 1HFY25 due to gene..
HCL Technologies
25 Apr 2024
CMP
₹1,635.35
Target Price
₹1,700 (4% )
MO Reco.
Buy
- HCL Technologies reported weak 4QFY24 performance with 0.3% ..
- FY25 guidance disappointing, but remains ahead of peer set.
AU Small Finance
25 Apr 2024
CMP
₹650.40
Target Price
₹735 (13% )
MO Reco.
Buy
- AU Small Finance Bank had a mixed quarter due to merger char..
- Margins were affected by rising cost of funds, but disburse..
Axis Bank
25 Apr 2024
CMP
₹1,177.35
Target Price
₹1,200
MO Reco.
Neutral
- Axis Bank reported 4QFY24 results with changes in estimates,..
- Margins expanded 5bp QoQ, aided by treasury gains, with hea..
ICICI Pru Life
24 Apr 2024
CMP
₹724.90
Target Price
₹840 (16% )
MO Reco.
Buy
- Cyient DLM reported strong revenue growth of ~30% YoY in 4QF..
- EBITDA margin contracted 100bp YoY to 10.5% due to higher S..
ICICI Pru Life
24 Apr 2024
CMP
₹724.90
Target Price
₹700
MO Reco.
Buy
- ICICI Prudential Life Insurance reported 9.6% YoY growth in ..
- VNB declined 26% YoY to INR7.8b, driven by a sharp correcti..
360 ONE
24 Apr 2024
CMP
₹996.70
Target Price
₹950
MO Reco.
Buy
- 360ONE WAM reported strong 4QFY24 results with a 46% YoY gro..
- Total AUM rose 37% YoY to INR4.67t, with strong growth in b..
Multi Comm. Exc.
24 Apr 2024
CMP
₹4,140.00
Target Price
₹4,400(15%) (6% )
MO Reco.
Buy
- 4QFY24 Results Update for MCX
- Financials & Valuations
Tata Consumer
24 Apr 2024
CMP
₹1,213.65
Target Price
₹1,350 (11% )
MO Reco.
Buy
- Tata Consumer Products reported strong operating performance..
- EBIT growth of 20% YoY was led by healthy performance in in..
Voltas
24 Apr 2024
CMP
₹1,490.35
Target Price
-
MO Reco.
-
- Voltas stock has appreciated by 50%+ in the last six months
- Strong volume growth; market share to increase in RAC segme..
Hind. Unilever
24 Apr 2024
CMP
₹2,711.05
Target Price
₹2900 (7% )
MO Reco.
Buy
- Hindustan Unilever's 4QFY24 performance was in line with est..
- Home care maintained mid-single-digit volume growth, while ..
LTIMindtree
24 Apr 2024
CMP
₹5,788.45
Target Price
₹5,020
MO Reco.
Neutral
- LTIMindtree's 4QFY24 results update includes financials and ..
- The company's revenue declined 1.3% QoQ CC in 4QFY24.
Vedanta
24 Apr 2024
CMP
₹444.50
Target Price
₹360
MO Reco.
Neutral
- Vedanta's 4QFY24 results update includes sector, estimate, T..
- The company reported in-line operational performance but mi..
Reliance Industr
23 Apr 2024
CMP
₹3,018.05
Target Price
₹3,245 (8% )
MO Reco.
Buy
- Reliance Industries 4QFY24 results in Oil & Gas sector
- RJio's revenue/EBITDA/PAT increased 2%/3%/2% QoQ in 4QFY24
Reliance Industr
23 Apr 2024
CMP
₹3,018.05
Target Price
₹3,245 (8% )
MO Reco.
Buy
- Reliance Industries 4QFY24 results in Oil & Gas sector
- RJio's revenue/EBITDA/PAT increased 2%/3%/2% QoQ in 4QFY24
Cyient DLM
23 Apr 2024
CMP
₹775.95
Target Price
₹840 (8% )
MO Reco.
Buy
- Cyient DLM reported strong revenue growth of ~30% YoY in 4QF..
- Revenue jump fueled by significant traction from Defense an..
Mahindra Logis.
23 Apr 2024
CMP
₹535.15
Target Price
₹420
MO Reco.
Neutral
- Mahindra Logistics 4QFY24 results update with financial snap..
- 4QFY24 revenue grew by ~14% YoY to INR14.5b
Shriram Finance
23 Apr 2024
CMP
₹2,925.00
Target Price
₹2,900
MO Reco.
Buy
- Shriram Finance's strong financial performance and stock out..
- Diversified loan mix and improved geographic reach after me..
Sun Pharma.Inds.
23 Apr 2024
CMP
₹1,714.25
Target Price
₹1,870 (9% )
MO Reco.
Buy
- Sun Pharma's strong performance in domestic formulation segm..
- Challenges in clinical trials and regulatory issues
Page Industries
22 Apr 2024
CMP
₹41,443.95
Target Price
₹36,500
MO Reco.
Neutral
- Page Industries update on company's performance and outlook
- Interaction with CFO Deepanjan Bandyopadhyay
Adani Ports
22 Apr 2024
CMP
₹1,542.75
Target Price
₹1,590 (3% )
MO Reco.
Buy
- Adani Ports & SEZ Ltd (APSEZ) stock update: CMP: INR1,321 TP..
- Company's strong financials and growth trajectory in logist..
Guj.St.Petronet
22 Apr 2024
CMP
₹332.20
Target Price
₹355 (7% )
MO Reco.
Buy
- Company update on Gujarat State Petronet in the Oil & Gas se..
- Disappointing tariff order issued by PNGRB for GUJS HP gas ..
HDFC Bank
21 Apr 2024
CMP
₹1,618.15
Target Price
₹1,950 (21% )
MO Reco.
Buy
- HDFC Bank's 4QFY24 results show in-line core performance.
- Margins improved and CD ratio declined 6% QoQ.
Wipro
20 Apr 2024
CMP
₹524.80
Target Price
₹490
MO Reco.
Neutral
- Wipro's 4QFY24 results show a weak near-term outlook despite..
- The company's IT Services revenue was down 0.3% QoQ in cons..
Hindustan Zinc
19 Apr 2024
CMP
₹603.50
Target Price
₹370
MO Reco.
Neutral
- Hindustan Zinc's 4QFY24 revenue at INR75b, down 11% YoY
- EBITDA at INR36b, in line with estimates
ICICI Lombard
18 Apr 2024
CMP
₹1,967.30
Target Price
₹2,100 (7% )
MO Reco.
Buy
- ICICI Lombard's 4QFY24 results update includes NEP, investme..
- The company has improved its combined ratio guidance for FY..
Angel One
18 Apr 2024
CMP
₹2,129.65
Target Price
₹4,200 (97% )
MO Reco.
Buy
- Angel One's 4QFY24 results show strong performance with a su..
- The company's net brokerage income grew 65% YoY to INR6.8b.
Bajaj Auto
18 Apr 2024
CMP
₹9,492.90
Target Price
₹8,360
MO Reco.
Neutral
- Bajaj Auto's strong 4QFY24 performance with higher EBITDA/PA..
- Domestic 2W volumes expected to grow 7-8% YoY in FY25E.
Equitas Sma. Fin
18 Apr 2024
CMP
₹86.96
Target Price
₹125 (44% )
MO Reco.
Buy
- Equitas Small Finance Bank (EQUITASB) is performing well in ..
- The bank is expected to have a steady growth outlook with a..
HDFC Life Insur.
18 Apr 2024
CMP
₹703.35
Target Price
₹670
MO Reco.
Neutral
- HDFC Life Insurance reported 4QFY24 results with a 6% YoY PA..
- The company's total APE declined 8% YoY in 4QFY24, with ULI..
Infosys
18 Apr 2024
CMP
₹1,878.90
Target Price
₹1,650
MO Reco.
Buy
- Infosys reported 4QFY24 results with a modest FY25 guidance.
- The company's deal wins improved visibility for FY26 growth..
Tata Comm
18 Apr 2024
CMP
₹1,886.40
Target Price
₹1,910
MO Reco.
Neutral
- Tata Communications reported 1% growth QoQ in revenue and a ..
- Adjusting for acquisitions, data revenue and data EBITDA wa..
TCS
15 Apr 2024
CMP
₹4,387.85
Target Price
-
MO Reco.
-
- TCS reported 4QFY24 results with good performance driven by ..
- Near-term demand commentary remains muted, but reiterate BU..
Cello World
15 Apr 2024
CMP
₹966.30
Target Price
₹1100 (14% )
MO Reco.
Buy
- Cello World is a diversified consumerware company with a str..
- Rapidly scaling consumer glassware business, generating rev..
PNB Housing
10 Apr 2024
CMP
₹793.85
Target Price
₹1,000 (26% )
MO Reco.
Buy
- PNB Housing's financials and valuations are detailed in the ..
- The company is steering through near-term headwinds for a r..
Multi Comm. Exc.
09 Apr 2024
CMP
₹4,140.00
Target Price
₹4,300 (4% )
MO Reco.
BUY
- Company update on MCX with financials and stock performance
- New products and variations to drive growth
Kolte Patil Dev.
09 Apr 2024
CMP
₹409.00
Target Price
-
MO Reco.
-
- Kolte Patil Developers is a prominent real estate developer ..
- The company has a strong project pipeline totaling 33msf.
A B B
08 Apr 2024
CMP
₹7,851.25
Target Price
₹7,500
MO Reco.
Buy
- ABB India's growth strategy focuses on high-growth segments ..
- The company has seen a significant increase in order inflow..
Container Corpn.
08 Apr 2024
CMP
₹1,039.95
Target Price
₹1,120 (8% )
MO Reco.
Buy
- Container Corporation (CCRI) is expected to benefit from the..
- The company's strong positioning at JNPT could result in ta..
Cyient DLM
08 Apr 2024
CMP
₹775.95
Target Price
₹810 (4% )
MO Reco.
Buy
- CyientDL is a well-integrated EMS solution provider, derivin..
- The global A&D space is poised to grow at a healthy pace, d..
Cyient DLM
08 Apr 2024
CMP
₹775.95
Target Price
₹810 (4% )
MO Reco.
Buy
- CyientDL is a well-integrated EMS solution provider in the A..
- The global A&D industry is expected to grow at a healthy pa..
Brigade Enterpr.
04 Apr 2024
CMP
₹1,251.30
Target Price
₹1,250
MO Reco.
Buy
- Brigade Enterprise is a real estate company listed on BSE SE..
- The company is targeting consistent growth across all segme..
APL Apollo Tubes
02 Apr 2024
CMP
₹1,484.35
Target Price
₹1,800 (21% )
MO Reco.
Buy
- APL Apollo Tubes ended FY24 with a healthy sales volume grow..
- The company is foraying into various international geograph..
Prestige Estates
02 Apr 2024
CMP
₹1,833.45
Target Price
₹1,535
MO Reco.
Buy
- Prestige Estates reported strong growth in bookings, surpass..
- Company aims to achieve INR250b of pre-sales by FY26
Bandhan Bank
01 Apr 2024
CMP
₹192.50
Target Price
-
MO Reco.
-
- Bandhan Bank hosted CEO and CFO for insights into bank's pro..
- Anticipate gradual business growth with 17-18% loan CAGR ov..
Dalmia BharatLtd
01 Apr 2024
CMP
₹1,812.20
Target Price
-
MO Reco.
-
- Dalmia Bharat's key markets witness higher price correction ..
- Expected double-digit volume growth in 4QFY24
ICICI Lombard
28 Mar 2024
CMP
₹1,967.30
Target Price
₹2,000 (2% )
MO Reco.
BUY
- ICICI Lombard held an analyst meet to outline digital initia..
- The company has implemented digitization across segments an..
Kalpataru Proj.
28 Mar 2024
CMP
₹1,361.15
Target Price
₹1,200
MO Reco.
Buy
- Kalpataru Projects' stock update and financials are positive..
- Company's revenue and earnings are expected to grow.
NMDC
28 Mar 2024
CMP
₹238.55
Target Price
₹260 (9% )
MO Reco.
BUY
- NMDC's stock update: CMP: INR202 TP:INR260 (+29%) BUY
- Volume growth and capacity enhancement to drive performance
CreditAcc. Gram.
27 Mar 2024
CMP
₹1,311.95
Target Price
-
MO Reco.
-
- CreditAccess Grameen is well placed among peers with a stron..
- The company is expected to sustain its dominance despite no..
Titan Company
27 Mar 2024
CMP
₹3,494.15
Target Price
₹4,300 (23% )
MO Reco.
Buy
- Titan Company's stock update and company insights shared by ..
- Demand trends, store expansion, and margin management strat..
Shree Cement
26 Mar 2024
CMP
₹27,566.75
Target Price
₹27,700
MO Reco.
Neutral
- Shree Cement's stock update and financial snapshot
- Focus on expanding footprint in existing markets
Interglobe Aviat
25 Mar 2024
CMP
₹4,493.40
Target Price
₹3,510
MO Reco.
Neutral
- Indian aviation market underpenetrated, huge growth potentia..
- INDIGO aims to expand international network, enhance custom..
AU Small Finance
19 Mar 2024
CMP
₹650.40
Target Price
₹720 (11% )
MO Reco.
Buy
- AU Small Finance Bank approved for merger with Fincare Small..
- Merger expected to boost loan portfolio by 16% and increase..
Kajaria Ceramics
18 Mar 2024
CMP
₹1,438.20
Target Price
₹1,600 (11% )
MO Reco.
Buy
- Kajaria Ceramics is expected to benefit from strong demand i..
- The company's average energy price is expected to decrease ..
360 ONE
15 Mar 2024
CMP
₹996.70
Target Price
-
MO Reco.
-
- BSE SENSEX is at 73,097 and S&P CNX is at 22,147.
- 360ONE WAM has strong growth momentum despite near-term cos..
ERIS Lifescience
14 Mar 2024
CMP
₹1,073.50
Target Price
₹930
MO Reco.
Neutral
- Eris Lifesciences has agreed to acquire the India branded fo..
- The acquisition will expand Eris Lifesciences' presence in ..
IRB Infra.Devl.
14 Mar 2024
CMP
₹66.92
Target Price
₹60
MO Reco.
Neutral
- Cintra, a subsidiary of Ferrovial, has acquired a 24% stake ..
- The total deal size for the stake acquisition is INR 65.9 b..
Varun Beverages
14 Mar 2024
CMP
₹1,676.65
Target Price
₹1,600
MO Reco.
Buy
- Varun Beverages has experienced robust revenue growth and st..
- The company has adopted a multi-pronged strategy to sustain..
AU Small Finance
13 Mar 2024
CMP
₹650.40
Target Price
₹720 (11% )
MO Reco.
Buy
- AU Small Finance Bank's RoAs have seen compression in FY24.
- Merger with Fincare SFB expected to boost profitability and..
Cams Services
13 Mar 2024
CMP
₹4,031.75
Target Price
-
MO Reco.
-
- CAMS commands a 50% market share among funds utilizing RTA s..
- CAMSPay is expected to grow rapidly due to the increasing s..
Jubilant Food.
12 Mar 2024
CMP
₹581.35
Target Price
-
MO Reco.
Neutral
- Jubilant FoodWorks has increased its stake in its Turkey and..
- The company acquired a 33% stake in DP Eurasia in 2021, whi..
DLF
11 Mar 2024
CMP
₹829.70
Target Price
₹850
MO Reco.
Neutral
- DLF achieved bookings of INR133b in 9MFY24, surpassing full-..
- Fourth quarter performance will be driven by INR44b worth o..
Adani Ports
11 Mar 2024
CMP
₹1,542.75
Target Price
₹1,600 (4% )
MO Reco.
Buy
- Adani Ports & SEZ (APSEZ) is well positioned to surpass its ..
- APSEZ recorded a strong YoY growth of 24% in cargo volume f..
JK Lakshmi Cem.
07 Mar 2024
CMP
₹857.50
Target Price
₹1,030 (20% )
MO Reco.
BUY
- JK Lakshmi Cement is aiming to increase its grinding capacit..
- The company has announced expansion plans in the east and c..
IIFL Finance
06 Mar 2024
CMP
₹451.15
Target Price
₹560 (24% )
MO Reco.
Buy
- IIFL Finance hosted a conference call to address the RBI's b..
- The ban is expected to dampen growth and profitability for ..
Gulf Oil Lubric.
06 Mar 2024
CMP
₹1,245.70
Target Price
-
MO Reco.
-
- Gulf Oil Lubricants India (GOLI) is a prominent player in th..
- GOLI focuses on volume growth and market share gain.
Mahanagar Gas
06 Mar 2024
CMP
₹1,846.10
Target Price
₹1,665
MO Reco.
Buy
- Mahanagar Gas stock price declined after government comments..
- Market overreaction and profit-booking led to stock price c..
Tata Motors
05 Mar 2024
CMP
₹1,118.30
Target Price
₹1,000
MO Reco.
Neutral
- Tata Motors has announced the demerger of its business verti..
- The demerger will separate the commercial vehicle (CV) busi..
Hindalco Inds.
05 Mar 2024
CMP
₹667.60
Target Price
₹600
MO Reco.
Buy
- Hindalco is undertaking a capacity expansion initiative to d..
- The company is investing in multi-locational, multi-product..
Updater Services
05 Mar 2024
CMP
₹319.60
Target Price
-
MO Reco.
-
- Updater Services is a leading business service provider in I..
- Strong growth expected in high-margin BSS services and IFM ..
Avalon Tech
04 Mar 2024
CMP
₹522.50
Target Price
₹610 (17% )
MO Reco.
Buy
- Avalon Technologies is a company in the Indian EMS sector wi..
- The company serves emerging and fast-growing industries suc..
CEAT
04 Mar 2024
CMP
₹2,609.55
Target Price
-
MO Reco.
-
- CEAT, an automobile sector company, hosted an event showcasi..
- The company has no plans for greenfield capex in FY25/26 bu..
Triveni Turbine
01 Mar 2024
CMP
₹608.90
Target Price
₹570
MO Reco.
Buy
- Triveni Turbine is well-positioned to capture growth in the ..
- The company has maintained a strong market share in the dom..
Happy Forgings
01 Mar 2024
CMP
₹1,225.90
Target Price
-
MO Reco.
-
- Happy Forgings is a Ludhiana-based company specializing in d..
- Ranked as the fourth largest engineering-led manufacturer i..
Godrej Consumer
29 Feb 2024
CMP
₹1,467.50
Target Price
₹1,500 (2% )
MO Reco.
Buy
- Godrej Consumer has made significant strategic changes under..
- The company has focused on addressing portfolio gaps and ha..
Reliance Industr
28 Feb 2024
CMP
₹3,018.05
Target Price
₹3,210 (6% )
MO Reco.
Buy
- Reliance Industries is expected to see strong growth in its ..
- The company will commence operations from its PV and batter..
JSW Infrast
28 Feb 2024
CMP
₹343.75
Target Price
-
MO Reco.
-
- JSW Infrastructure is a fast-growing port infrastructure com..
- It has a diversified customer base, including JSW Group com..
L&T Finance Ltd
27 Feb 2024
CMP
₹180.47
Target Price
₹200 (11% )
MO Reco.
Buy
- L&T Fin.Holdings aims for a consolidated RoA/RoE of 2.7%/15%..
- Retail loans have grown at a CAGR of around 25% for LTFH.
Dreamfolks Servi
27 Feb 2024
CMP
₹473.10
Target Price
-
MO Reco.
-
- DreamFolks is India's leading airport services aggregator an..
- The company is expected to benefit from the rapid growth in..
Larsen & Toubro
26 Feb 2024
CMP
₹3,679.90
Target Price
₹4,200 (14% )
MO Reco.
Buy
- Larsen & Toubro (LT) is a capital goods company with positiv..
- Recent concerns about LT's performance are transient and ca..
Castrol India
26 Feb 2024
CMP
₹266.01
Target Price
₹230
MO Reco.
Buy
- Castrol India is the 2nd largest manufacturer of automotive ..
- The company has a strong distribution network of over 105,0..
J K Cements
26 Feb 2024
CMP
₹4,387.65
Target Price
₹5,050 (15% )
MO Reco.
Buy
- JK Cement has demonstrated superior execution capabilities a..
- The company achieved a capacity utilization of ~90% within ..
Cello World
26 Feb 2024
CMP
₹966.30
Target Price
-
MO Reco.
-
- Cello World is a household brand with a diverse product port..
- The company is expected to grow faster than the industry, w..
Grasim Inds
23 Feb 2024
CMP
₹2,843.30
Target Price
₹2,670
MO Reco.
Buy
- Grasim Industries has inaugurated paint plants at three loca..
- The company aims to achieve a turnover of INR 100 billion i..
Sunteck Realty
22 Feb 2024
CMP
₹593.80
Target Price
-
MO Reco.
-
- Sunteck Realty is expected to end FY24 with strong pre-sales..
- The company plans to launch new projects and increase its i..
Quess Corp
22 Feb 2024
CMP
₹711.15
Target Price
-
MO Reco.
-
- Quess Corp plans to split into three independent entities to..
- The three entities will focus on different segments and hav..
A B B
21 Feb 2024
CMP
₹7,851.25
Target Price
₹5,800
MO Reco.
Buy
- ABB India's 4QCY23 results beat expectations, with higher ma..
- The company has been benefiting from strong demand for qual..
Alkem Lab
21 Feb 2024
CMP
₹5,289.85
Target Price
₹5,160
MO Reco.
Neutral
- Alkem is a pharmaceutical company focused on domestic formul..
- Strong presence in acute therapies, growth dependent on sea..
Jindal Steel
20 Feb 2024
CMP
₹972.35
Target Price
₹900
MO Reco.
Buy
- Jindal Steel & Power is undergoing capacity expansion, which..
- The expansion will make JSP the fourth largest steel manufa..
CIE Automotive
20 Feb 2024
CMP
₹589.00
Target Price
₹540
MO Reco.
Buy
- CIEINDIA reported weak growth in both India and EU markets, ..
- The EU light-vehicle market is expected to decline by 3% Yo..
Coal India
19 Feb 2024
CMP
₹509.85
Target Price
₹520 (2% )
MO Reco.
Buy
- Coal India's management expects robust demand to drive volum..
- The e-auction premium has softened, but volumes have improv..
Glenmark Pharma.
16 Feb 2024
CMP
₹1,438.40
Target Price
₹820
MO Reco.
Neutral
- Glenmark Pharma reported a miss on its 3QFY24 earnings due t..
- The company has completed remediation measures at its manuf..
IIFL Finance
16 Feb 2024
CMP
₹451.15
Target Price
₹800 (77% )
MO Reco.
BUY
- IIFL Finance is a non-banking financial company (NBFC) in In..
- The company has a diversified product suite, including home..
M & M
15 Feb 2024
CMP
₹2,887.80
Target Price
-
MO Reco.
-
- Mahindra & Mahindra's 3QFY24 operating performance was in li..
- The company expects growth in mid-to-high teens for its UV ..
Aditya Bir. Fas.
15 Feb 2024
CMP
₹330.00
Target Price
-
MO Reco.
-
- Aditya Birla Fashion and Retail (ABFRL) reported improved op..
- Consolidated EBITDA grew 27% YoY, driven by healthy revenue..
Deepak Nitrite
15 Feb 2024
CMP
₹2,919.90
Target Price
₹2,185
MO Reco.
Neutral
- Deepak Nitrite (DN) reported a miss in 3QFY24 due to weak pe..
- The AI segment was affected by pricing pressure from Chines..
Gujarat Gas
15 Feb 2024
CMP
₹648.45
Target Price
₹675 (4% )
MO Reco.
Buy
- Gujarat Gas reported lower-than-expected margin and weak vol..
- The company expects an increase in demand for CNG from rura..
Ipca Labs.
15 Feb 2024
CMP
₹1,285.30
Target Price
₹1,080
MO Reco.
Neutral
- IPCA Laboratories delivered in-line performance in 3QFY24.
- Domestic formulation segment outperformed, while API/brande..
NMDC
15 Feb 2024
CMP
₹238.55
Target Price
₹280 (17% )
MO Reco.
Buy
- NMDC's 3QFY24 results show strong performance with revenue g..
- Blended ASP stood at INR4,748/t, higher than estimated.
Guj.St.Petronet
15 Feb 2024
CMP
₹332.20
Target Price
₹450 (35% )
MO Reco.
Buy
- Gujarat State Petronet's 3QFY24 results were in line with es..
- Lower volumes were offset by higher realization.
Bosch
14 Feb 2024
CMP
₹34,917.05
Target Price
-
MO Reco.
-
- Bosch's 3QFY24 results showed a healthy beat at profitabilit..
- The company's focus on localization is expected to bear fru..
Eicher Motors
14 Feb 2024
CMP
₹5,012.50
Target Price
-
MO Reco.
-
- Eicher Motors' 3QFY24 operating performance came in below es..
- Demand weakness persists despite new product launches.
Info Edg.(India)
14 Feb 2024
CMP
₹7,187.40
Target Price
₹4,950
MO Reco.
Neutral
- Info Edge (India) reported in-line revenue performance in 3Q..
- EBITDA margin was a strong beat at 40.4%.
Repco Home Fin
14 Feb 2024
CMP
₹541.70
Target Price
₹490
MO Reco.
Neutral
- Repco Home Finance reported weak sequential NII growth and i..
- Other income grew 30% YoY, supporting the in-line earnings.
Gland Pharma
14 Feb 2024
CMP
₹2,016.60
Target Price
₹2,240 (11% )
MO Reco.
Buy
- Gland Pharma reported better-than-expected performance in 3Q..
- However, there was a decline in India sales and inferior pe..
Muthoot Finance
14 Feb 2024
CMP
₹1,783.20
Target Price
₹1,440
MO Reco.
Neutral
- Muthoot Finance reported a 2.5% QoQ growth in gold loans, wi..
- The company's net interest margin remained stable at around..
Oil India
14 Feb 2024
CMP
₹560.65
Target Price
₹650 (16% )
MO Reco.
Buy
- Oil India reported lower-than-expected EBITDA in 3QFY24 due ..
- The company expects to double the number of wells in FY25 a..
Prestige Estates
14 Feb 2024
CMP
₹1,833.45
Target Price
-
MO Reco.
-
- Prestige Estates Projects (PEPL) reported strong pre-sales g..
- PEPL launched three new projects with a developable area of..
S A I L
14 Feb 2024
CMP
₹147.39
Target Price
-
MO Reco.
-
- SAIL's 3QFY24 revenue was lower than expected due to lower s..
- Crude steel production and sales were in line with estimate..
St Bk of India
14 Feb 2024
CMP
₹862.45
Target Price
-
MO Reco.
-
- 1. State Bank of India (SBIN) achieves strong profitability ..
Sun TV Network
14 Feb 2024
CMP
₹830.40
Target Price
-
MO Reco.
-
- Sun TV Network's 3QFY24 results showed soft revenue growth a..
- Revenue grew 3.3% YoY, but ad revenues were impacted by the..
Samvardh. Mothe.
13 Feb 2024
CMP
₹196.40
Target Price
₹130
MO Reco.
Buy
- Samvardhana Motherson (MOTHERSO) reported in-line operating ..
- Higher depreciation and interest costs decreased overall PA..
Aurobindo Pharma
13 Feb 2024
CMP
₹1,386.20
Target Price
₹1,080
MO Reco.
Neutral
- Aurobindo Pharma's 3QFY24 performance exceeded expectations,..
- The company is implementing measures to address issues high..
ERIS Lifescience
13 Feb 2024
CMP
₹1,073.50
Target Price
₹950
MO Reco.
Neutral
- Eris Lifesciences reported in-line 3QFY24 results with core ..
- The company is venturing into injectable products through t..
Galaxy Surfact.
13 Feb 2024
CMP
₹2,861.15
Target Price
-
MO Reco.
-
- Galaxy Surfactants reported lower-than-expected EBITDA/kg an..
- The company achieved a total volume growth of 8% YoY, with ..
G R Infraproject
13 Feb 2024
CMP
₹1,709.80
Target Price
₹1,390
MO Reco.
Buy
- G R Infraprojects reported a decrease in revenue in 3QFY24 d..
- The company's order book stands at INR193b, with road proje..
Hindalco Inds.
13 Feb 2024
CMP
₹667.60
Target Price
₹590
MO Reco.
Buy
- Hindalco's 3QFY24 results were in line with estimates, with ..
- Capex for Novelis has been revised higher, leading to a del..
JK Lakshmi Cem.
13 Feb 2024
CMP
₹857.50
Target Price
₹1,030 (20% )
MO Reco.
BUY
- JK Lakshmi Cement reported strong 3QFY24 results, with highe..
- The company plans to increase its grinding capacity to 30mt..
Natl. Aluminium
13 Feb 2024
CMP
₹189.50
Target Price
₹140
MO Reco.
Neutral
- Nalco's 3QFY24 revenue increased 2% YoY, in line with estima..
- EBITDA jumped 68% YoY, beating estimates by 62%.
Phoenix Mills
13 Feb 2024
CMP
₹3,536.25
Target Price
₹2,245
MO Reco.
Neutral
- Phoenix Mills reported strong growth in its 3QFY24 results, ..
- The company beat revenue expectations and had in-line EBITD..
Siemens
13 Feb 2024
CMP
₹6,917.30
Target Price
₹4,950
MO Reco.
Buy
- Siemens reported better-than-expected 1QFY24 results with re..
- Order inflows improved by 10% YoY, driven by the transmissi..
Zee Entertainmen
13 Feb 2024
CMP
₹142.62
Target Price
₹200
MO Reco.
Neutral
- Zee Entertainment's 3QFY24 results showed a decline in reven..
- The company revised down its EBITDA/PAT estimates for FY25 ..
Kirloskar Oil
13 Feb 2024
CMP
₹1,217.50
Target Price
₹940
MO Reco.
Buy
- Kirloskar Oil Engines (KOEL) reported 3QFY24 results ahead o..
- The growth was driven by the industrial, distribution, and ..
Campus Activewe.
12 Feb 2024
CMP
₹310.95
Target Price
₹285
MO Reco.
Buy
- Campus Activewear's revenue remained flat YoY, recovering fr..
- The company experienced a decline in EBITDA margins due to ..
Life Insurance
12 Feb 2024
CMP
₹1,184.35
Target Price
₹1,270 (7% )
MO Reco.
Buy
- Life Insurance Corporation (LIC) reported healthy improvemen..
- LIC's net premium grew 5% YoY in 3QFY24, but its market sha..
United Breweries
12 Feb 2024
CMP
₹2,037.00
Target Price
₹1,500 (26% )
MO Reco.
Sell
- United Breweries (UBBL) reported healthy volume growth in 3Q..
- However, the company's gross margin and EBITDA margin were ..
UltraTech Cem.
12 Feb 2024
CMP
₹11,673.05
Target Price
₹12,000 (3% )
MO Reco.
Buy
- UltraTech Cement has experienced a valuation re-rating due t..
- The company has enough organic growth opportunities to reac..
Bharat Forge
12 Feb 2024
CMP
₹1,684.90
Target Price
₹1,315
MO Reco.
Buy
- Bharat Forge's 3QFY24 standalone performance was in line wit..
- Near-term outlook is cautious, with demand moderation likel..
Coal India
12 Feb 2024
CMP
₹509.85
Target Price
₹490
MO Reco.
Buy
- Coal India's 3QFY24 results show strong performance and cont..
- Revenue rose 3% YoY, in line with estimates, driven by high..
GAIL (India)
12 Feb 2024
CMP
₹230.64
Target Price
₹200
MO Reco.
Buy
- The Cabinet Committee on Economic Affairs approved equity in..
- GAIL sees this as a step towards developing coal-to-chemica..
Glaxosmi. Pharma
12 Feb 2024
CMP
₹2,707.30
Target Price
-
MO Reco.
-
- GSK Pharma delivered operationally in-line 3QFY24 performanc..
- Efforts are underway to enhance the prospects of innovative..
Indigo Paints
12 Feb 2024
CMP
₹1,491.95
Target Price
₹1,800 (21% )
MO Reco.
Buy
- Indigo Paints reported strong sales growth of 25.8% YoY, out..
- The company's volume growth remained strong across all segm..
Multi Comm. Exc.
12 Feb 2024
CMP
₹4,140.00
Target Price
₹3,950
MO Reco.
Neutral
- MCX reported a loss of INR54m, higher than expected, but ove..
- Total revenue grew by 33% YoY, mainly led by a beat in non-..
O N G C
12 Feb 2024
CMP
₹331.60
Target Price
₹315
MO Reco.
Buy
- ONGC reported lower-than-expected performance due to write-o..
- The management expects a 5% CAGR in overall production over..
P I Industries
12 Feb 2024
CMP
₹4,207.00
Target Price
-
MO Reco.
-
- PI Industries reported strong revenue growth in 3QFY24, driv..
- EBITDA grew 33% YoY in 3QFY24, but included a one-time impa..
Thermax
12 Feb 2024
CMP
₹5,068.95
Target Price
₹3,060
MO Reco.
Neutral
- Thermax's 3QFY24 result was below estimates due to lower mar..
- Order inflows have started improving, especially in the pow..
Vinati Organics
12 Feb 2024
CMP
₹2,154.00
Target Price
-
MO Reco.
-
- Vinati Organics (VO) reported better-than-expected 3QFY24 re..
- Gross margin and EBITDAM declined YoY, but management expec..
TCI Express
12 Feb 2024
CMP
₹1,201.30
Target Price
₹1,450 (21% )
MO Reco.
Buy
- TCI Express (TCIE) reported weak operating performance in 3Q..
- The weak macroeconomic environment, muted festive demand, a..
Divi`s Lab.
11 Feb 2024
CMP
₹4,790.60
Target Price
₹3,440
MO Reco.
Neutral
- Divis Laboratories reported lower-than-expected earnings in ..
- Custom synthesis business showed improvement, driven by maj..
Hero Motocorp
11 Feb 2024
CMP
₹5,478.90
Target Price
₹5,560 (1% )
MO Reco.
Buy
- Hero MotoCorp posted an in-line operating performance in 3QF..
- The company expects double-digit revenue growth for the ind..
Alkem Lab
10 Feb 2024
CMP
₹5,289.85
Target Price
₹5,160
MO Reco.
Neutral
- Alkem Laboratories reported better-than-expected earnings fo..
- The company saw strong growth in its international (ex-US) ..
Apollo Hospitals
10 Feb 2024
CMP
₹6,664.55
Target Price
₹7,400 (11% )
MO Reco.
Buy
- Apollo Hospitals delivered better-than-expected performance ..
- Growth in ARPOB/in-patient volume and EBITDA break-even in ..
Bandhan Bank
10 Feb 2024
CMP
₹192.50
Target Price
₹245
MO Reco.
Neutral
- Bandhan Bank reported a mixed quarter with a 7% miss on prof..
- Advances grew at a healthy rate of 20% YoY/8% QoQ, driven b..
Biocon
10 Feb 2024
CMP
₹368.50
Target Price
₹240
MO Reco.
Neutral
- Biocon's 3QFY24 earnings came in below estimates due to incr..
- Regulatory issues have delayed niche approvals for the comp..
Grasim Inds
10 Feb 2024
CMP
₹2,843.30
Target Price
₹2,670
MO Reco.
Buy
- Grasim's 3QFY24 EBITDA was below estimates due to higher los..
- The VSF and Chemical segments performed better than expecte..
Emami
10 Feb 2024
CMP
₹797.10
Target Price
₹600
MO Reco.
Buy
- Emami reported 1.4% YoY sales growth in 3QFY24, impacted by ..
- Volume growth remained flat, with a 1% YoY dip in 3QFY24.
KNR Construct.
10 Feb 2024
CMP
₹367.40
Target Price
₹320
MO Reco.
Buy
- KNR Constructions' 3QFY24 revenue grew 9% YoY, driven by Roa..
- EBITDA margin was lower than expected due to lower executio..
Global Health
10 Feb 2024
CMP
₹1,203.95
Target Price
₹1,460 (21% )
MO Reco.
Buy
- Global Health (Medanta) delivered strong performance in 3QFY..
- Revenue growth was driven by high volumes in both in-patien..
MRF
10 Feb 2024
CMP
₹138,870.30
Target Price
₹1,06,760 (23% )
MO Reco.
Sell
- MRF's 3QFY24 operating performance was below estimates due t..
- Margins are likely to have peaked out at current levels and..
Sapphire Foods
10 Feb 2024
CMP
₹1,555.80
Target Price
₹1,600 (3% )
MO Reco.
Buy
- Sapphire Foods reported 11.6% YoY revenue growth in 3QFY24, ..
- KFC's same-store sales declined 2% compared to a 5% drop fo..
Zydus Lifesci.
10 Feb 2024
CMP
₹1,206.05
Target Price
₹820
MO Reco.
Neutral
- Zydus LifeSciences reported better-than-expected performance..
- The company exhibited strong execution in the domestic form..
Aditya Birla Cap
09 Feb 2024
CMP
₹223.43
Target Price
₹230 (3% )
MO Reco.
BUY
- Aditya Birla Capital (ABCL) has strong digital capabilities ..
- ABCL is rapidly emerging as one of the most adept non-bank ..
Zomato Ltd
09 Feb 2024
CMP
₹224.62
Target Price
₹170
MO Reco.
Buy
- Zomato reported strong growth in its 3QFY24 results, with re..
- The growth was driven by Blinkit and higher take rates in t..
Apollo Tyres
08 Feb 2024
CMP
₹550.40
Target Price
₹620 (13% )
MO Reco.
Buy
- Apollo Tyres reported strong operating performance in 3QFY24..
- Consolidated margin beat estimates, driven by the European ..
Escorts Kubota
08 Feb 2024
CMP
₹4,145.55
Target Price
₹2,765
MO Reco.
Neutral
- Escorts Kubota's 3QFY24 results came in below estimates due ..
- The company expects a 6-7% decline in tractor industry volu..
Cummins India
08 Feb 2024
CMP
₹3,718.15
Target Price
₹2,910
MO Reco.
Buy
- Cummins India's 3QFY24 results exceeded estimates with stron..
- Revenue growth was driven by a sharp uptick in the powergen..
Lemon Tree Hotel
08 Feb 2024
CMP
₹146.46
Target Price
-
MO Reco.
-
- Lemon Tree Hotels reports strong revenue growth of 24% YoY i..
- Growth driven by healthy average room rate (ARR) and openin..
Lupin
08 Feb 2024
CMP
₹1,840.70
Target Price
₹1,480
MO Reco.
Upgrade to Neutral
- Lupin's 3QFY24 results beat estimates, driven by superior pe..
- Earnings estimates for FY24/FY25/FY26 raised by 18%/16%/14%..
NOCIL
08 Feb 2024
CMP
₹310.30
Target Price
₹250
MO Reco.
Neutral
- NOCIL's 3QFY24 results showed a price correction due to Chin..
- EBITDA/kg increased by 13% YoY, missing estimates, while sa..
Page Industries
08 Feb 2024
CMP
₹41,443.95
Target Price
₹35,500
MO Reco.
Neutral
- Page Industries (PAGE) reported sluggish revenue growth in 3..
- The company implemented cost-control measures to expand EBI..
Sobha
08 Feb 2024
CMP
₹1,799.55
Target Price
₹1,700
MO Reco.
Buy
- Sobha reported strong quarterly bookings and sales growth, d..
- The company achieved the highest ever sales from the Bengal..
Tata Consumer
08 Feb 2024
CMP
₹1,213.65
Target Price
₹1,370 (13% )
MO Reco.
Buy
- Tata Consumer Products (TATACONS) posted a strong operating ..
- EBIT growth of 29% YoY was led by a healthy performance acr..
Union Bank (I)
08 Feb 2024
CMP
₹132.87
Target Price
₹165 (24% )
MO Reco.
Buy
- Union Bank of India is focused on enhancing underwriting sta..
- The bank expects credit growth of 10-12% in FY24.
Birla Corpn.
07 Feb 2024
CMP
₹1,538.95
Target Price
₹1,800 (17% )
MO Reco.
Buy
- Birla Corporation has reported strong performance in its 3QF..
- The company's Mukutban plant has shown improved utilization..
Britannia Inds.
07 Feb 2024
CMP
₹5,872.80
Target Price
-
MO Reco.
-
- Britannia Industries reported muted revenue growth in 3QFY24..
- Volume growth was better than expected at 5.5% due to addit..
Cams Services
07 Feb 2024
CMP
₹4,031.75
Target Price
₹3,450
MO Reco.
Buy
- CAMS reported a net profit of INR885m in 3QFY24, in line wit..
- The growth in profitability was supported by an increase in..
Manappuram Fin.
07 Feb 2024
CMP
₹212.99
Target Price
-
MO Reco.
-
- Manappuram Finance's 3QFY24 results were in line with expect..
- Net interest margin (NIM) expanded due to higher yields.
Nestle India
07 Feb 2024
CMP
₹2,476.90
Target Price
₹2,400
MO Reco.
Neutral
- Nestle India reported 8% YoY revenue growth in 4QCY24, with ..
- Domestic sales grew 9% YoY, supported by pricing, mix, and ..
Trent
07 Feb 2024
CMP
₹5,393.35
Target Price
₹4,200
MO Reco.
BUY
- Trent reports strong standalone revenue growth of 53% in 3QF..
- Gross margin improves due to controlled costs and moderatin..
Brigade Enterpr.
07 Feb 2024
CMP
₹1,251.30
Target Price
-
MO Reco.
-
- Brigade Enterprises reported strong performance across all s..
- The company achieved the highest ever bookings and realizat..
Endurance Tech.
07 Feb 2024
CMP
₹2,541.70
Target Price
₹2,275
MO Reco.
Buy
- Endurance Technologies reported weak performance in 3QFY24 d..
- The company aims to increase its 4W revenue contribution fr..
EPL Ltd
07 Feb 2024
CMP
₹222.27
Target Price
-
MO Reco.
-
- EPL reported strong operating performance in 3QFY24, with EB..
- Revenue grew 3% YoY, aided by broad-based growth.
Max Financial
07 Feb 2024
CMP
₹1,108.25
Target Price
₹1040
MO Reco.
Neutral
- MAX Financial Services reported a decent performance in 3QFY..
- Absolute VNB declined 17.5% YoY and VNB margins contracted ..
V-Mart Retail
07 Feb 2024
CMP
₹3,403.15
Target Price
₹2,100
MO Reco.
Neutral
- V-Mart Retail's 3QFY24 results show improved metrics and cos..
- EBITDA grew 15% YoY, driven by revenue growth and cost-cont..
Syrma SGS Tech.
07 Feb 2024
CMP
₹475.60
Target Price
₹720 (51% )
MO Reco.
Buy
- Syrma SGS Technology reported strong revenue growth in 3QFY2..
- EBITDA margins declined due to an unfavorable business mix ..
Tata Chemicals
06 Feb 2024
CMP
₹1,070.70
Target Price
₹900
MO Reco.
Neutral
- Tata Chemicals reports 41% decline in consolidated EBITDA in..
- Decline due to subdued operating performance and unfavorabl..
Alkyl Amines
06 Feb 2024
CMP
₹2,050.40
Target Price
₹2,125
MO Reco.
Neutral
- Alkyl Amines (AACL) reported a 17% YoY decline in revenue in..
- The decline was primarily due to pricing pressure from Chin..
Ashok Leyland
06 Feb 2024
CMP
₹246.38
Target Price
₹205
MO Reco.
Buy
- Ashok Leyland's 3QFY24 results beat expectations, with margi..
- CV volume growth is expected to moderate in 4QFY24 and 1QFY..
Bata India
06 Feb 2024
CMP
₹1,608.35
Target Price
₹1,480
MO Reco.
Neutral
- Bata India's 3QFY24 results showed a decline in operating pr..
- The company added 54 new stores in the quarter, bringing th..
Bharti Airtel
06 Feb 2024
CMP
₹1,514.40
Target Price
₹1,310
MO Reco.
Buy
- Bharti Airtel reports moderate growth in 3QFY24, with India ..
- Capex remains flat and likely peaked out.
Fine Organic
06 Feb 2024
CMP
₹5,190.70
Target Price
₹3,460 (33% )
MO Reco.
Sell
- Fine Organic Industries reported in-line EBITDA at INR924m i..
- Gross margin improved 660bp YoY to 41.8% due to a decline i..
Fusion Microfin.
06 Feb 2024
CMP
₹438.05
Target Price
₹720 (64% )
MO Reco.
Buy
- Fusion Microfinance's 3QFY24 PAT grew 23% YoY but missed est..
- Disbursements grew 24% YoY to INR27.1b despite calibrated g..
Godrej Agrovet
06 Feb 2024
CMP
₹832.45
Target Price
₹525
MO Reco.
Neutral
- Godrej Agrovet reported a healthy operating performance in Q..
- The animal feed and palm oil businesses had a muted perform..
Godrej Propert.
06 Feb 2024
CMP
₹3,128.70
Target Price
₹2,855
MO Reco.
Buy
- Godrej Properties (GPL) reported record bookings of INR57 bi..
- Pre-sales for 9MFY24 stood at INR130 billion, up 59% YoY.
HCL Technologies
06 Feb 2024
CMP
₹1,635.35
Target Price
₹1880 (15% )
MO Reco.
BUY
- HCL Tech's service business has shown strong performance, wi..
- The ER&D service line has been resilient and is expected to..
Navin Fluo.Intl.
06 Feb 2024
CMP
₹3,530.55
Target Price
₹2,950
MO Reco.
Neutral
- Navin Fluorine International (NFIL) reported lower-than-expe..
- The postponement of sales of key molecules and channel inve..
Triveni Turbine
06 Feb 2024
CMP
₹608.90
Target Price
₹540
MO Reco.
Buy
- Triveni Turbine reported strong YoY growth in revenue, EBITD..
- Order inflow growth was driven by exports, while domestic i..
VRL Logistics
06 Feb 2024
CMP
₹567.35
Target Price
₹820 (45% )
MO Reco.
Buy
- VRL Logistics reported 8% YoY revenue growth in 3QFY24, driv..
- The company's EBITDA margins stood at 12.8%, lower than exp..
Interglobe Aviat
05 Feb 2024
CMP
₹4,493.40
Target Price
₹3,300
MO Reco.
Neutral
- IndiGo reported better-than-expected results in 3QFY24, aide..
- The company's revenue passenger kilometers (RPK) and passen..
Tata Motors
05 Feb 2024
CMP
₹1,118.30
Target Price
₹1000
MO Reco.
Buy
- TATA Motors beats estimates for EBITDA and PAT in 3QFY24.
- JLR maintains margin guidance and reports 8.8% EBIT margin ..
Alembic Pharma
05 Feb 2024
CMP
₹1,216.35
Target Price
₹910
MO Reco.
Neutral
- Alembic Pharma reported better-than-expected operational per..
- Sales growth was driven by formulation exports and the dome..
Barbeque-Nation
05 Feb 2024
CMP
₹549.45
Target Price
₹675
MO Reco.
Neutral
- Barbeque Nation Hospitality reported flat revenue growth in ..
- The company saw weak demand and sluggish growth across bran..
BSE
05 Feb 2024
CMP
₹2,447.50
Target Price
₹2,725
MO Reco.
Neutral
- BSE reported a PAT of INR1.06b in 3QFY24, 23% below estimate..
- Operating revenue grew 18% QoQ and 82% YoY to INR3.7b.
LIC Housing Fin.
05 Feb 2024
CMP
₹791.30
Target Price
-
MO Reco.
-
- LIC Housing Finance reported strong earnings in 3QFY24, with..
- Stable margins and controlled operating expenses contribute..
Mahindra Life.
05 Feb 2024
CMP
₹609.65
Target Price
₹600
MO Reco.
Neutral
- Mahindra Lifespaces reported steady demand in ongoing projec..
- Sales volume stood at 0.5 million square feet, down 13% YoY..
Quess Corp
05 Feb 2024
CMP
₹711.15
Target Price
₹560
MO Reco.
Neutral
- Quess Corp reported good margin performance but muted revenu..
- The company added strong headcount but lower than the previ..
Varun Beverages
05 Feb 2024
CMP
₹1,676.65
Target Price
₹1,500
MO Reco.
Buy
- Varun Beverages reported a revenue growth of 21% YoY in 4QCY..
- The growth was driven by strong volume growth and high real..
St Bk of India
04 Feb 2024
CMP
₹862.45
Target Price
₹800
MO Reco.
Buy
- State Bank of India (SBIN) reports 3QFY24 net profit below e..
- Net interest margins (NIMs) contract by 7 bps QoQ to 3.22%.
Clean Science
03 Feb 2024
CMP
₹1,530.55
Target Price
₹1,420
MO Reco.
Neutral
- Clean Science & Technology reported 3QFY24 results in line w..
- Early signs of demand recovery, but realization remains sub..
Castrol India
03 Feb 2024
CMP
₹266.01
Target Price
₹230
MO Reco.
Buy
- Castrol (India) reported 4QCY23 results with revenue growth ..
- The company benefited from lower raw material costs, leadin..
Devyani Intl.
03 Feb 2024
CMP
₹176.94
Target Price
₹195 (10% )
MO Reco.
Buy
- Devyani International reported a 6.6% YoY revenue growth, bu..
- KFC revenue grew 14% YoY, while Pizza Hut revenue contracte..
Mphasis
03 Feb 2024
CMP
₹3,029.80
Target Price
₹2,600
MO Reco.
Neutral
- Mphasis (MPHL) reported 3QFY24 results in line with estimate..
- The mortgage business and deal pushouts are expected to wei..
Tube Investments
03 Feb 2024
CMP
₹4,162.95
Target Price
₹4,025
MO Reco.
Buy
- Tube Investments of India's 3QFY24 results were operationall..
- The next phase of growth is expected to come from new order..
UPL
03 Feb 2024
CMP
₹544.15
Target Price
₹530
MO Reco.
Neutral
- UPL reported a weak quarter with a 28% YoY decline in revenu..
- The decline in revenue was primarily due to lower agrochemi..
Aditya Birla Cap
02 Feb 2024
CMP
₹223.43
Target Price
-
MO Reco.
-
- Aditya Birla Capital (ABCL) reported strong 3QFY24 results w..
- The NBFC loan book grew 35% YoY and retail and SME segments..
Data Pattern
02 Feb 2024
CMP
₹3,296.80
Target Price
₹2,020
MO Reco.
Neutral
- Data Patterns (India) reported strong revenue growth of 25% ..
- The company recorded strong operating performance, primaril..
Indian Hotels Co
02 Feb 2024
CMP
₹647.00
Target Price
₹615
MO Reco.
Buy
- Indian Hotels reports 16% YoY growth in consolidated revenue..
- Strong growth driven by 21% YoY increase in standalone busi..
Raymond
02 Feb 2024
CMP
₹2,052.55
Target Price
-
MO Reco.
-
- Raymond reported 10% revenue growth and 13% EBITDA growth in..
- Growth was driven by the real estate segment (up 50% YoY) a..
Torrent Pharma.
02 Feb 2024
CMP
₹3,194.90
Target Price
-
MO Reco.
-
- Torrent Pharma's 3QFY24 results showed a healthy EBITDA grow..
- The lack of approvals and marginal price erosion in the US ..
Godrej Consumer
01 Feb 2024
CMP
₹1,467.50
Target Price
-
MO Reco.
-
- Godrej Consumer's consolidated net revenue grew 1.5% YoY in ..
- The India business saw 9% YoY revenue growth with a volume ..
Jubilant Food.
01 Feb 2024
CMP
₹581.35
Target Price
-
MO Reco.
-
- Jubilant FoodWorks reported a sales growth of 3% YoY in 3QFY..
- Delivery business grew by 6%, while dine-in contracted by 5..
Jyothy Labs
01 Feb 2024
CMP
₹548.45
Target Price
₹500
MO Reco.
Neutral
- Jyothy Laboratories (JYL) reported in-line sales growth of 1..
- Volume growth stood at 11% YoY, driven by fabric care segme..
Motherson Wiring
01 Feb 2024
CMP
₹75.21
Target Price
₹75
MO Reco.
Buy
- Motherson Wiring's 3QFY24 results were in line with estimate..
- The company's focus on localization and new plant ramp-up i..
Adani Ports
01 Feb 2024
CMP
₹1,542.75
Target Price
₹1,470
MO Reco.
Buy
- Adani Ports & SEZ reported a revenue growth of 45% YoY in 3Q..
- Cargo volumes increased by 44% YoY, reaching 108.6 MMT in 3..
India Cements
01 Feb 2024
CMP
₹374.05
Target Price
₹185 (51% )
MO Reco.
Sell
- India Cements reported weak volume and higher costs, leading..
- Capacity utilization was lower compared to the previous yea..
IRB Infra.Devl.
01 Feb 2024
CMP
₹66.92
Target Price
₹60
MO Reco.
Neutral
- IRB Infrastructure reported 3QFY24 results with revenue grow..
- EBITDA margin came in below estimates at 44.2%.
Max Healthcare
01 Feb 2024
CMP
₹948.50
Target Price
₹930
MO Reco.
Buy
- Max Healthcare reported in-line 3QFY24 performance with heal..
- Improved realization and bed capacity expansion contributed..
Titan Company
01 Feb 2024
CMP
₹3,494.15
Target Price
₹4,200 (20% )
MO Reco.
Buy
- Titan Company posted sales growth of 22% YoY in 3QFY24, driv..
- Jewelry sales grew 22% YoY, while watch sales grew 21.6% Yo..
Dr Reddy`s Labs
31 Jan 2024
CMP
₹6,878.65
Target Price
₹5,540
MO Reco.
Neutral
- Dr. Reddys Labs reported a marginally better-than-expected p..
- The company saw healthy traction in the North America and P..
M & M Fin. Serv.
31 Jan 2024
CMP
₹293.65
Target Price
-
MO Reco.
-
- Mahindra & Mahindra Financial (MMFS) reported a core NIM exp..
- Credit costs declined to ~1.4% and included write-offs of ~..
Team Lease Serv.
31 Jan 2024
CMP
₹3,414.15
Target Price
-
MO Reco.
BUY
- TeamLease reported strong Q3 results with revenue growth of ..
- The company saw growth in General Staffing and Specialized ..
Ambuja Cements
31 Jan 2024
CMP
₹686.40
Target Price
-
MO Reco.
-
- Ambuja Cements reported higher costs leading to an earnings ..
- Consolidated sales volume increased by 3% YoY.
Ajanta Pharma
31 Jan 2024
CMP
₹2,401.65
Target Price
₹2,515 (5% )
MO Reco.
Buy
- Ajanta Pharma reported better-than-expected 3QFY24 results, ..
- Domestic formulation sales were muted due to the addition o..
Bharat Electron
31 Jan 2024
CMP
₹309.90
Target Price
₹190
MO Reco.
Neutral
- Bharat Electronics (BEL) reported higher margins and beat PA..
- Revenue growth was impacted by supply chain issues in Israe..
Bank of Baroda
31 Jan 2024
CMP
₹249.70
Target Price
₹290 (16% )
MO Reco.
Buy
- Bank of Baroda reported 3QFY24 PAT of INR45.8b, up 19% YoY, ..
- Other income declined 21% YoY, affected by weak treasury in..
Coromandel Inter
31 Jan 2024
CMP
₹1,624.70
Target Price
₹1,260
MO Reco.
Buy
- Coromandel International reported weak operating performance..
- The decline in margins was due to lower subsidy rates, high..
Dabur India
31 Jan 2024
CMP
₹632.45
Target Price
₹635 (0% )
MO Reco.
Buy
- Dabur's 3QFY24 performance was largely in line with expectat..
- Consolidated revenue increased 7% YoY, with growth in both ..
Jindal Steel
31 Jan 2024
CMP
₹972.35
Target Price
₹900
MO Reco.
Buy
- Jindal Steel & Power (JSP) reported 3QFY24 results in line w..
- Revenue for the quarter was down 6% YoY, but operational pr..
Kaynes Tech
31 Jan 2024
CMP
₹4,249.95
Target Price
₹3,300
MO Reco.
Buy
- Kaynes Technologies reported strong revenue growth of 76% Yo..
- Margins were impacted by higher initial costs, but expected..
K E C Intl.
31 Jan 2024
CMP
₹880.05
Target Price
₹670
MO Reco.
Neutral
- KEC International's 3QFY24 results were lower than expected ..
- Revenue grew 14% YoY to INR50b, missing estimates.
Kajaria Ceramics
31 Jan 2024
CMP
₹1,438.20
Target Price
₹1,600 (11% )
MO Reco.
Buy
- Kajaria Ceramics reported consolidated revenue/EBITDA growth..
- The company expects to achieve 5-6% higher volume growth th..
Maruti Suzuki
31 Jan 2024
CMP
₹12,663.70
Target Price
-
MO Reco.
-
- Maruti Suzuki's 3QFY24 results were in line with expectation..
- Demand outlook for FY25 is moderating, but market share gai..
P & G Hygiene
31 Jan 2024
CMP
₹17,385.70
Target Price
₹16,000
MO Reco.
Neutral
- P&G Hygiene and Healthcare (PGHH) recorded stagnant growth i..
- Despite flat revenue growth, ad spending rose 14% YoY.
Piramal Pharma
31 Jan 2024
CMP
₹166.51
Target Price
-
MO Reco.
-
- Piramal Pharma reported lower-than-expected performance in 3..
- The company is focusing on improving sales in its key segme..
PVR Inox
31 Jan 2024
CMP
₹1,493.85
Target Price
-
MO Reco.
-
- PVR-Inox's 3QFY24 results showed moderate occupancies and a ..
- Financials and valuations show an increase in sales and EBI..
Relaxo Footwear
31 Jan 2024
CMP
₹864.85
Target Price
₹850
MO Reco.
Neutral
- Relaxo Footwears posted a soft 5% YoY revenue growth in 3QFY..
- Improvement in gross margin and controlled costs led to 21%..
Shree Cement
31 Jan 2024
CMP
₹27,566.75
Target Price
₹27,700
MO Reco.
Neutral
- Shree Cement's 3QFY24 results beat estimates with a 74% YoY ..
- The company has revamped its brand strategy and launched Ba..
SRF
31 Jan 2024
CMP
₹2,456.15
Target Price
₹2,250
MO Reco.
Neutral
- SRF reported a decline in operating profitability in 3QFY24 ..
- The chemicals business, particularly the specialty chemical..
Star Health Insu
31 Jan 2024
CMP
₹613.35
Target Price
₹730 (19% )
MO Reco.
Buy
- Star Health reported better-than-expected 3QFY24 results, wi..
- The company plans to implement price revisions for some pro..
Sun Pharma.Inds.
31 Jan 2024
CMP
₹1,714.25
Target Price
₹1,635
MO Reco.
Buy
- Sun Pharma reported in-line earnings for 3QFY24, with robust..
- The company's R&D expenditure remained lower than expected,..
Voltas
31 Jan 2024
CMP
₹1,490.35
Target Price
₹1,230
MO Reco.
BUY
- Voltas' 3QFY24 performance was below estimates due to higher..
- RAC volumes grew 27% YoY, surpassing industry growth, and m..
Westlife Food
31 Jan 2024
CMP
₹833.55
Target Price
₹775
MO Reco.
Neutral
- Westlife Foodworld reported weak performance in 3QFY24 due t..
- Same-store sales declined 9% YoY, with 6% attributed to ext..
Blue Dart Expres
30 Jan 2024
CMP
₹7,894.75
Target Price
₹7,850
MO Reco.
Buy
- Blue Dart Express (BDE) reported a 3% YoY growth in revenue ..
- BDE's EBITDA margin came in at 9.7% in 3QFY24, slightly low..
B P C L
30 Jan 2024
CMP
₹328.80
Target Price
₹475
MO Reco.
Neutral
- BPCL reported higher-than-expected GRM and marketing margins..
- Refining throughput was in line with estimates despite a pl..
Vodafone Idea
30 Jan 2024
CMP
₹15.98
Target Price
₹14
MO Reco.
Neutral
- Vodafone Idea reported a 4% QoQ growth in EBITDA, driven by ..
- The company lost 4.6 million subscribers, leading to flat r..
Larsen & Toubro
30 Jan 2024
CMP
₹3,679.90
Target Price
₹4,200 (14% )
MO Reco.
Buy
- Larsen & Toubro (L&T) reports strong 3QFY24 results with rob..
- Core E&C segment shows strong revenue and EBITDA growth.
Mahindra Logis.
30 Jan 2024
CMP
₹535.15
Target Price
₹380
MO Reco.
Neutral
- Mahindra Logistics (MLL) reported subpar performance in 3QFY..
- The weak performance was primarily due to the underperforma..
Petronet LNG
30 Jan 2024
CMP
₹372.40
Target Price
₹295
MO Reco.
Neutral
- Petronet LNG reported lower-than-expected EBITDA in Q3FY24.
- Utilization at the Dahej terminal increased to 99% while Ko..
APL Apollo Tubes
29 Jan 2024
CMP
₹1,484.35
Target Price
₹1,770 (19% )
MO Reco.
Buy
- APL Apollo Tubes reported muted sales volume in 3QFY24 due t..
- EBITDA grew 2% YoY, driven by an improved value-added produ..
GAIL (India)
29 Jan 2024
CMP
₹230.64
Target Price
₹200
MO Reco.
Buy
- GAIL reported robust performance in 3QFY24, driven by turnar..
- EBITDA came in 10% higher than estimated, driven by strong ..
Macrotech Devel.
29 Jan 2024
CMP
₹1,403.00
Target Price
₹1,295
MO Reco.
Buy
- Macrotech Developers achieved sales of INR34b in 3QFY24, up ..
- The company's first project in Bengaluru had a strong respo..
Vedanta
29 Jan 2024
CMP
₹444.50
Target Price
₹1,200
MO Reco.
Neutral
- Vedant Fashions reported soft 3QFY24 results with demand con..
- Revenue growth was supported by footprint addition, but sam..
AU Small Finance
27 Jan 2024
CMP
₹650.40
Target Price
₹800 (23% )
MO Reco.
Buy
- AU Small Finance Bank reported a decline in PAT in 3QFY24 du..
- Earnings are expected to improve in FY25.
Balkrishna Inds
27 Jan 2024
CMP
₹3,280.10
Target Price
₹2,360
MO Reco.
Neutral
- Balkrishna Industries (BIL) reported 3QFY24 results in line ..
- The management has guided for flattish YoY tonnage in 4QFY2..
CEAT
27 Jan 2024
CMP
₹2,609.55
Target Price
₹3,250 (25% )
MO Reco.
Buy
- CEAT's 3QFY24 results were in line with expectations, with i..
- Replacement and exports demand are expected to continue dri..
Cyient
27 Jan 2024
CMP
₹1,789.90
Target Price
₹2,400 (34% )
MO Reco.
Buy
- Cyient reported 3QFY24 results with revenue growth in line w..
- The company lowered its FY24 revenue guidance but expects s..
DLF
27 Jan 2024
CMP
₹829.70
Target Price
₹740
MO Reco.
Neutral
- DLF reported its highest-ever pre-sales of INR90.5b in 3QFY2..
- The company exceeded its full-year pre-sales guidance of IN..
Equitas Sma. Fin
27 Jan 2024
CMP
₹86.96
Target Price
₹125 (44% )
MO Reco.
Buy
- Equitas Small Finance Bank (EQUITASB) reported in-line earni..
- AUM growth remained steady at 32% YoY/5% QoQ, driven by hea..
H P C L
27 Jan 2024
CMP
₹376.55
Target Price
-
MO Reco.
-
- HPCL's 3QFY24 earnings were impacted by lower-than-expected ..
- Refinery throughput was in line with expectations, and the ..
Indostar Capital
27 Jan 2024
CMP
₹249.44
Target Price
₹245
MO Reco.
Buy
- Indostar Capital Finance reported an improvement in business..
- Disbursements rose by approximately 6% QoQ to around INR 13..
JSW Steel
27 Jan 2024
CMP
₹900.55
Target Price
₹910
MO Reco.
Neutral
- JSW Steel posted consolidated revenue of INR419b, in line wi..
- EBITDA stood at INR72b, 9% above estimates.
MAS FINANC SER
27 Jan 2024
CMP
₹289.60
Target Price
₹1160 (301% )
MO Reco.
Buy
- MAS Financial Services (MASF) reported 3QFY24 PAT growth of ..
- The company continues to focus on direct retail distributio..
Punjab Natl.Bank
27 Jan 2024
CMP
₹119.95
Target Price
-
MO Reco.
-
- Punjab National Bank (PNB) reported a strong quarter with a ..
- NII grew 12% YoY and NIMs improved 4bp QoQ to 3.15%.
SBI Cards
27 Jan 2024
CMP
₹721.70
Target Price
₹850
MO Reco.
Downgrade to Neutral
- SBI Cards reported a disappointing quarter with lower than e..
- Asset quality remained under pressure with an increase in G..
Shriram Finance
27 Jan 2024
CMP
₹2,925.00
Target Price
-
MO Reco.
-
- Shriram Finance reported an operationally healthy quarter wi..
- NIM expanded by 5bp QoQ to 9% due to a higher-yielding prod..
Vedanta
27 Jan 2024
CMP
₹444.50
Target Price
₹270
MO Reco.
Neutral
- Vedanta reported robust performance across its verticals, le..
- The company's consolidated net sales for 3QFY24 were INR 35..
Bajaj Auto
25 Jan 2024
CMP
₹9,492.90
Target Price
₹6,775
MO Reco.
Neutral
- Bajaj Auto reported in-line performance in 3QFY24 with highe..
- Domestic 2W industry volumes expected to grow 8-10% YoY in ..
DCB Bank
25 Jan 2024
CMP
₹125.29
Target Price
₹150
MO Reco.
Neutral
- DCB Bank reported 11% YoY growth in PAT, led by weak NII gro..
- NIM moderated 21bp QoQ to 3.48% during the quarter.
Exide Inds.
25 Jan 2024
CMP
₹553.75
Target Price
₹340
MO Reco.
Downgrade to Neutral
- Exide's 3QFY24 results were weak due to lower-than-expected ..
- EBITDA margin declined due to higher lead prices and lower ..
Laurus Labs
25 Jan 2024
CMP
₹449.05
Target Price
₹440
MO Reco.
Buy
- Laurus Labs reported lower-than-expected earnings for 3QFY24..
- PAT estimates for FY24/FY25/FY26 have been cut by 56%/30%/2..
L&T Finance Ltd
25 Jan 2024
CMP
₹180.47
Target Price
-
MO Reco.
-
- L&T Finance Holdings (LTFH) reported in-line 3QFY24 results ..
- Retail loans grew 8% QoQ and 31% YoY, driven by growth in M..
PNB Housing
25 Jan 2024
CMP
₹793.85
Target Price
₹1,025 (29% )
MO Reco.
Buy
- PNB Housing's 3QFY24 PAT grew 26% YoY but declined 12% QoQ d..
- Disbursements in 3QFY24 grew 21% YoY but declined 1% QoQ.
Tech Mahindra
25 Jan 2024
CMP
₹1,541.15
Target Price
₹1,360
MO Reco.
Neutral
- Tech Mahindra reported 3QFY24 revenue of USD1.57b, up 1.1% Q..
- Adjusted EBIT margin stood at 7.0%, down 30bp QoQ.
TVS Motor Co.
25 Jan 2024
CMP
₹2,508.00
Target Price
₹1,880
MO Reco.
Neutral
- TVS Motor Company posted an operationally in-line performanc..
- Both domestic and export demand for TVSL are seeing a gradu..
United Spirits
25 Jan 2024
CMP
₹1,415.40
Target Price
-
MO Reco.
-
- United Spirits (UNSP) reported a 7.5% YoY revenue growth, wi..
- Overall volume contracted 2% YoY, but P&A volumes increased..
ACC
25 Jan 2024
CMP
₹2,614.15
Target Price
₹2,550
MO Reco.
Neutral
- ACC reported strong 3QFY24 results with EBITDA beating estim..
- Sales volume grew 15% YoY, exceeding estimates by 11%.
Container Corpn.
25 Jan 2024
CMP
₹1,039.95
Target Price
-
MO Reco.
-
- Container Corporation (CCRI) reported volume growth of 6% Yo..
- Revenue grew 11% YoY to INR22b, slightly below estimates.
Cipla
25 Jan 2024
CMP
₹1,575.00
Target Price
₹1,600 (2% )
MO Reco.
BUY
- Cipla's 3QFY24 results beat estimates, driven by strong perf..
- The company is focusing on minimizing approval timelines fo..
Dalmia BharatLtd
25 Jan 2024
CMP
₹1,812.20
Target Price
₹2,800 (55% )
MO Reco.
Buy
- Dalmia Bharat's 3QFY24 results showed in-line EBITDA and hig..
- The company expects mid-teens volume growth in FY25 and a l..
SBI Life Insuran
25 Jan 2024
CMP
₹1,750.95
Target Price
-
MO Reco.
-
- SBI Life Insurance reported decent performance in 3QFY24 wit..
- APE grew 13% YoY, while VNB grew 11% YoY as margins contrac..
Tata Steel
25 Jan 2024
CMP
₹162.55
Target Price
₹130
MO Reco.
Neutral
- Tata Steel's 3QFY24 results showed earnings beat led by Indi..
- Standalone revenue increased 2% YoY to INR347b, in line wit..
Axis Bank
24 Jan 2024
CMP
₹1,177.35
Target Price
₹1,175
MO Reco.
Downgrade to Neutral
- Axis Bank's PAT in 3QFY24 met expectations, driven by strong..
- NIMs decreased slightly and funding costs are expected to r..
Sona BLW Precis.
24 Jan 2024
CMP
₹690.25
Target Price
₹610
MO Reco.
Neutral
- SONA BLW Precision Forging's 3QFY24 results beat estimates, ..
- EBITDA margin guidance has been revised to around 28% from ..
Canara Bank
24 Jan 2024
CMP
₹113.86
Target Price
₹570 (401% )
MO Reco.
Buy
- Canara Bank reported 3QFY24 standalone PAT at INR36.6b, driv..
- NII grew 9.5% YoY, while margins improved 3bp QoQ to 3.03%.
Havells India
24 Jan 2024
CMP
₹1,838.65
Target Price
₹1,510
MO Reco.
BUY
- Havells India reported lower-than-expected margins due to hi..
- The company expects a positive impact on the summer season ..
Indian Bank
24 Jan 2024
CMP
₹581.45
Target Price
₹525
MO Reco.
Buy
- Indian Bank reported a healthy performance with a 52% YoY in..
- Asset quality continued to improve with a decline in GNPA a..
Indus Towers
24 Jan 2024
CMP
₹444.85
Target Price
₹210
MO Reco.
Neutral
- Indus Towers reported 1% QoQ growth in revenue and 3% QoQ gr..
- The growth was driven by strong tower and rental adds, as w..
I O C L
24 Jan 2024
CMP
₹176.55
Target Price
₹165
MO Reco.
Buy
- IOCL reported higher-than-expected GRM and marketing margin,..
- FY24E sales estimated at INR 8,497 billion with EBITDA at I..
Mahanagar Gas
24 Jan 2024
CMP
₹1,846.10
Target Price
-
MO Reco.
-
- Mahanagar Gas Ltd. (MAHGL) reported a 75% YoY increase in EB..
- The company saw an 8% YoY growth in volumes, driven by CNG ..
Pidilite Inds.
24 Jan 2024
CMP
₹3,135.35
Target Price
₹2,650
MO Reco.
Neutral
- Pidilite Industries reported healthy volume growth and in-li..
- The Consumer and B2B segments both saw robust double-digit ..
Hitachi Energy
24 Jan 2024
CMP
₹11,547.60
Target Price
₹4,500 (61% )
MO Reco.
Sell
- Hitachi Energy's 3QFY24 result was weaker than expected, wit..
- The company reported YoY growth in revenue, EBITDA, and PAT..
Coforge
23 Jan 2024
CMP
₹6,343.70
Target Price
₹6,600
MO Reco.
Neutral
- Coforge reported 1.8% QoQ revenue growth in 3QFY24, driven b..
- The company reported a robust order intake of USD 354m in 3..
M R P L
23 Jan 2024
CMP
₹214.88
Target Price
-
MO Reco.
-
- MRPL's 3QFY24 results missed estimates due to lower-than-exp..
- Refining throughput was in line with estimates at 4.4mmt.
Persistent Sys
23 Jan 2024
CMP
₹4,772.95
Target Price
₹8,110
MO Reco.
Neutral
- Persistent Systems reported 3QFY24 revenue of USD300.6m, in ..
- Deal win TCV was at a record high of USD521m, driven by str..
Zensar Tech.
23 Jan 2024
CMP
₹808.85
Target Price
₹570
MO Reco.
Neutral
- Zensar reported a weak performance in 3QFY24 due to hi-tech ..
- Adjusted EBITDA margin was in line with estimates, but repo..
Can Fin Homes
23 Jan 2024
CMP
₹856.90
Target Price
₹815
MO Reco.
Neutral
- Can Fin Homes reported 3QFY24 PAT growth of 32% YoY, in line..
- Net Interest Income (NII) grew 31% YoY, also in line with e..
Cyient DLM
23 Jan 2024
CMP
₹775.95
Target Price
₹830 (7% )
MO Reco.
Buy
- Cyient DLM reported strong revenue growth of ~50% YoY in 3QF..
- Margins declined due to higher SG&A expenses.
Granules India
23 Jan 2024
CMP
₹563.10
Target Price
-
MO Reco.
-
- Granules India delivered an in-line performance in 3QFY24.
- Backward integration projects for core products are on trac..
J K Cements
23 Jan 2024
CMP
₹4,387.65
Target Price
₹4,700 (7% )
MO Reco.
Buy
- JK Cement reported a strong performance in 3QFY24, with high..
- The company announced a capacity expansion of 6mtpa, which ..
KNR Construct.
23 Jan 2024
CMP
₹367.40
Target Price
₹325
MO Reco.
Buy
- KNR Constructions' order inflows have been muted so far in F..
- The company expects improvements in project execution in th..
Oberoi Realty
23 Jan 2024
CMP
₹1,785.00
Target Price
₹1,350
MO Reco.
NEUTRAL
- Oberoi Realty's 3QFY24 results showed weak performance despi..
- Sales run-rate for Sky City and 360 West moderated, impacti..
Colgate-Palmoliv
22 Jan 2024
CMP
₹3,165.20
Target Price
-
MO Reco.
-
- Colgate (CLGT) reported a healthy price-led revenue growth o..
- Overall volumes experienced a marginal decline, with toothp..
Spandana Sphoort
22 Jan 2024
CMP
₹701.50
Target Price
₹1400 (100% )
MO Reco.
Buy
- Spandana Sphoorty's 3QFY24 results showed muted operating pe..
- Net interest margin (NIM) declined by around 85 basis point..
Sunteck Realty
22 Jan 2024
CMP
₹593.80
Target Price
₹640 (8% )
MO Reco.
Buy
- Sunteck Realty reported 3QFY24 pre-sales of INR4.5b, up 15% ..
- Collections rose 44% YoY and doubled sequentially to INR4.4..
Zee Entertainmen
22 Jan 2024
CMP
₹142.62
Target Price
₹200
MO Reco.
Downgrade to Neutral
- Sony terminates merger with Zee Entertainment, seeks termina..
- Zee Entertainment downgraded to Neutral due to fallout of m..
ICICI Bank
21 Jan 2024
CMP
₹1,207.20
Target Price
₹1,230 (2% )
MO Reco.
Buy
- ICICI Bank reports strong 3QFY24 performance with 24% YoY ne..
- NIMs contract 10bp QoQ to 4.43%.
IDFC First Bank
21 Jan 2024
CMP
₹74.48
Target Price
₹85
MO Reco.
Neutral
- IDFC First Bank reported 3QFY24 PAT of INR7.2b, up 18.4% YoY..
- Higher provisions and operating expenses impacted earnings.
Kotak Mah. Bank
21 Jan 2024
CMP
₹1,813.85
Target Price
₹2,000
MO Reco.
Neutral
- Kotak Mahindra Bank reported slight earnings miss due to pro..
- NII and NIMs grew 16% YoY and remained stable at 5.22%.
One 97
21 Jan 2024
CMP
₹509.05
Target Price
₹975 (92% )
MO Reco.
Buy
- Paytm's 3QFY24 performance was steady despite high uncertain..
- Adjusted EBITDA beat estimates, and the company expects pro..
Union Bank (I)
21 Jan 2024
CMP
₹132.87
Target Price
₹165 (24% )
MO Reco.
Buy
- Union Bank of India reported a 60% YoY growth in PAT, driven..
- NII grew 6% YoY, but missed expectations, as NIMs moderated..
Atul
20 Jan 2024
CMP
₹7,550.80
Target Price
-
MO Reco.
-
- Atul (ATLP) reported a decline in earnings in 3QFY24 due to ..
- Revenue in the Life Science Chemicals segment declined 31% ..
CreditAcc. Gram.
20 Jan 2024
CMP
₹1,311.95
Target Price
₹1,985 (51% )
MO Reco.
Buy
- CreditAccess Grameen (CREDAG) reported a healthy operational..
- NII jumped 49% YoY, with a stable NIM.
Hind. Unilever
20 Jan 2024
CMP
₹2,711.05
Target Price
₹2900 (7% )
MO Reco.
Buy
- Hindustan Unilever's 3QFY24 performance below expectations, ..
- Gross margin expanded despite price cuts and promotions, in..
Metro Brands
20 Jan 2024
CMP
₹1,313.65
Target Price
₹1,380 (5% )
MO Reco.
Buy
- Metro Brands reported weak revenue growth of 6% YoY due to a..
- The company added net 23 stores in 3QFY24, taking the total..
Reliance Industr
20 Jan 2024
CMP
₹3,018.05
Target Price
-
MO Reco.
-
- Reliance Industries (RIL) reports 3QFY24 results with growth..
- Strong performance in telecom and retail segments drives gr..
IIFL Finance
19 Jan 2024
CMP
₹451.15
Target Price
₹800 (77% )
MO Reco.
Buy
- IIFL Finance reported a healthy profitability in 3QFY24, aid..
- AUM grew 34% YoY and PAT increased 30% YoY, despite lower n..
Indiamart Inter.
19 Jan 2024
CMP
₹3,032.95
Target Price
₹3,000
MO Reco.
Buy
- IndiaMART reported weak 3QFY24 results with low collection g..
- Underlying fundamentals remain intact, and the company reit..
Poonawalla Fin
19 Jan 2024
CMP
₹375.70
Target Price
₹580 (54% )
MO Reco.
BUY
- Poonawalla Fincorp's 3QFY24 NII grew 63% YoY to INR4.9b, whi..
- PAT surged 76% YoY to ~INR2.65b in 3QFY24.
360 ONE
19 Jan 2024
CMP
₹996.70
Target Price
-
MO Reco.
-
- 360ONE WAM reported 3QFY24 results in line with estimates.
- Total revenue grew 6% YoY, driven by a 9% QoQ increase in A..
Hindustan Zinc
19 Jan 2024
CMP
₹603.50
Target Price
₹310
MO Reco.
Neutral
- Hindustan Zinc's 3QFY24 revenue and EBITDA were in line with..
- The decline in EBITDA was due to lower zinc sales volumes a..
RBL Bank
19 Jan 2024
CMP
₹235.85
Target Price
₹270
MO Reco.
Neutral
- RBL Bank reported 3QFY24 PAT of INR2.33b, adjusted for provi..
- NII grew 21% YoY to INR15.4b, in line with expectations.
Shoppers Stop
19 Jan 2024
CMP
₹770.15
Target Price
₹695
MO Reco.
Neutral
- Shoppers Stop reported a moderate 2% YoY EBITDA growth in 3Q..
- The margin decline was attributed to weak demand and muted ..
UltraTech Cem.
19 Jan 2024
CMP
₹11,673.05
Target Price
-
MO Reco.
-
- UltraTech Cement's 3QFY24 operating performance was in line ..
- Profitability is in line with expectations and the outlook ..
Home First Finan
19 Jan 2024
CMP
₹1,061.50
Target Price
₹1180 (11% )
MO Reco.
Buy
- Home First Finance reported 3QFY24 PAT growth of 35% YoY, in..
- NII rose 21% YoY, while non-interest income jumped 140% YoY..
Asian Paints
18 Jan 2024
CMP
₹2,950.15
Target Price
₹3,340
MO Reco.
Neutral
- Asian Paints reported a volume growth of 12% YoY in 3QFY24, ..
- The company achieved a gross margin of 43.6%, the best in t..
LTIMindtree
18 Jan 2024
CMP
₹5,788.45
Target Price
₹6,600
MO Reco.
Neutral
- LTIMindtree reported weak revenue growth in 3QFY24, affected..
- Deal wins were strong, but the near-term outlook remains we..
Tata Consumer
18 Jan 2024
CMP
₹1,213.65
Target Price
₹1,350 (11% )
MO Reco.
Buy
- Tata Consumer is expanding its footprint in the F&B industry..
- The acquisitions of Capital Foods and Organic India will in..
IndusInd Bank
18 Jan 2024
CMP
₹1,403.90
Target Price
₹1,900 (35% )
MO Reco.
Buy
- IndusInd Bank's 3QFY24 performance was in line with expectat..
- Loan growth was strong, driven by both corporate and consum..
ICICI Pru Life
18 Jan 2024
CMP
₹724.90
Target Price
₹580
MO Reco.
Buy
- ICICI Prudential Life Insurance reported a 4.7% YoY growth i..
- VNB margin declined due to adverse product mix and increase..
Tata Comm
18 Jan 2024
CMP
₹1,886.40
Target Price
₹1,750
MO Reco.
Neutral
- Tata Communications reported 16% QoQ growth in revenue and 1..
- Cost synergies from the integration of the Kaleyra acquisit..
Galaxy Surfact.
18 Jan 2024
CMP
₹2,861.15
Target Price
₹3,760 (31% )
MO Reco.
Buy
- Galaxy Surfactants is a leading player in the specialty chem..
- The company has experienced robust volume growth in the Ind..
Infosys
12 Jan 2024
CMP
₹1,878.90
Target Price
₹1,750
MO Reco.
Buy
- Infosys reported strong 3QFY24 revenue of USD4.66b, better t..
- Margins declined 70bp QoQ to 20.5%, but were slightly ahead..
TCS
12 Jan 2024
CMP
₹4,387.85
Target Price
₹4,250
MO Reco.
Buy
- TCS reported 3QFY24 revenue of USD7.28b, beating estimates d..
- Deal wins in 3Q were USD8.1b, in line with expectations.
Metro Brands
11 Jan 2024
CMP
₹1,313.65
Target Price
₹1,530 (16% )
MO Reco.
Buy
- Metro Brands has shown strong execution and steady growth in..
- The company is expected to continue delivering 20% growth o..
Zydus Lifesci.
09 Jan 2024
CMP
₹1,206.05
Target Price
₹710
MO Reco.
Neutral
- Zydus Lifesciences is focusing on growth in key markets and ..
- Efforts are being made to enhance brand franchise and expan..
Adani Ports
08 Jan 2024
CMP
₹1,542.75
Target Price
₹1,410
MO Reco.
Buy
- Adani Ports & SEZ (APSEZ) reported strong volume growth in O..
- The company is well positioned to achieve its volume guidan..
Global Health
04 Jan 2024
CMP
₹1,203.95
Target Price
₹1,170
MO Reco.
Buy
- MEDANTA has delivered strong financial performance, with 3x ..
- The company has turned net cash in FY23 from a net debt pos..
IIFL Finance
04 Jan 2024
CMP
₹451.15
Target Price
-
MO Reco.
-
- IIFL Finance is a diversified NBFC with a strong presence in..
- Core products include gold loans, home loans, microfinance,..
Sobha
03 Jan 2024
CMP
₹1,799.55
Target Price
₹1400
MO Reco.
Buy
- Real estate company Sobha is aiming for higher scale with a ..
- They are targeting sustainable growth with healthy cash flo..
M & M
02 Jan 2024
CMP
₹2,887.80
Target Price
₹2,005
MO Reco.
Buy
- Mahindra & Mahindra (MM) is well positioned to outperform in..
- Strong growth in core businesses: tractors, pickup UVs, and..
Lemon Tree Hotel
01 Jan 2024
CMP
₹146.46
Target Price
₹150 (2% )
MO Reco.
Buy
- Lemon Tree Hotels expanding upscale/luxury segment, increasi..
- Expected to benefit from rising demand and slower supply in..
Dalmia BharatLtd
29 Dec 2023
CMP
₹1,812.20
Target Price
₹2,800 (55% )
MO Reco.
Buy
- Dalmia Bharat, a cement company, has ambitious growth plans ..
- It aims to increase its capacity at a CAGR of 14-17% by FY3..
GAIL (India)
28 Dec 2023
CMP
₹230.64
Target Price
₹195
MO Reco.
Buy
- GAIL's stock is expected to see a re-rating driven by improv..
- The company's core earnings are strong, with a positive out..
Coal India
27 Dec 2023
CMP
₹509.85
Target Price
₹430
MO Reco.
Buy
- Coal India focusing on volume growth to meet increasing dema..
- Expects robust performance driven by e-auction sales and st..
Barbeque-Nation
26 Dec 2023
CMP
₹549.45
Target Price
₹690
MO Reco.
Neutral
- Barbeque-Nation is a scalable casual dining player with a he..
- Weak macro conditions have impacted the company's earnings ..
Godrej Consumer
25 Dec 2023
CMP
₹1,467.50
Target Price
-
MO Reco.
-
- Godrej Consumer Products Ltd (GCPL) focuses on three key pil..
- GCPL aims to disrupt underdeveloped categories like househo..
Siemens
21 Dec 2023
CMP
₹6,917.30
Target Price
₹4,600
MO Reco.
Buy
- Siemens is targeting opportunities in transmission, railways..
- The company plans to demerge its energy division and increa..
Manappuram Fin.
20 Dec 2023
CMP
₹212.99
Target Price
₹205
MO Reco.
Buy
- Manappuram Finance showcases non-gold businesses' success du..
- Aims for 50:50 AUM mix between gold and non-gold businesses..
Birla Corpn.
20 Dec 2023
CMP
₹1,538.95
Target Price
₹1,700 (10% )
MO Reco.
Buy
- Birla Corporation is experiencing steady growth in its Mukut..
- Capacity utilization of the plant is expected to reach 65-7..
Godrej Propert.
20 Dec 2023
CMP
₹3,128.70
Target Price
-
MO Reco.
-
- Mr. Pirojsha Godrej, Chairman of Godrej Properties, believes..
- The company is focused on sustainable growth and aims to su..
Varun Beverages
19 Dec 2023
CMP
₹1,676.65
Target Price
₹1,285
MO Reco.
Buy
- Varun Beverages has acquired 100% equity stake in The Bevera..
- The acquisition is valued at an attractive valuation of EV/..
Thermax
15 Dec 2023
CMP
₹5,068.95
Target Price
₹2,740
MO Reco.
Neutral
- MOSL team attended an analyst meet by Thermax where it showc..
- The company offers a range of products and services in bio ..
Hero Motocorp
15 Dec 2023
CMP
₹5,478.90
Target Price
₹4,480
MO Reco.
Buy
- BSE SENSEX and S&P CNX have reached high levels.
- Hero MotoCorp is expected to benefit from the recovery in 2..
VRL Logistics
15 Dec 2023
CMP
₹567.35
Target Price
₹910 (60% )
MO Reco.
Buy
- VRL Logistics is expected to experience volume growth throug..
- The company is adding new branches and trucks to increase i..
Tata Consumer
14 Dec 2023
CMP
₹1,213.65
Target Price
₹1,110
MO Reco.
Buy
- Tata Consumer Products' tea business accounts for 32% of its..
- Unfavorable climatic conditions have led to a marginal decl..
ITC
13 Dec 2023
CMP
₹502.20
Target Price
₹535 (7% )
MO Reco.
Buy
- ITC's management discussed performance and prospects of its ..
- Strong growth in non-cigarette segment with robust revenue ..
V-Mart Retail
13 Dec 2023
CMP
₹3,403.15
Target Price
₹1,800
MO Reco.
Neutral
- V-MART, a retail company, has reported weak earnings in rece..
- There are signs of a gradual reversal in trend, driven by m..
Interglobe Aviat
13 Dec 2023
CMP
₹4,493.40
Target Price
₹2,800
MO Reco.
Neutral
- InterGlobe Aviation (IndiGo) plans to expand its internation..
- Domestic demand for air travel in India has not peaked yet.
ICICI Pru Life
13 Dec 2023
CMP
₹724.90
Target Price
-
MO Reco.
-
- Mr. Anup Bagchi, CEO of ICICI Prudential Life Insurance, dis..
- The Indian insurance industry has strong growth opportuniti..
Spandana Sphoort
12 Dec 2023
CMP
₹701.50
Target Price
₹1,200 (71% )
MO Reco.
Buy
- Spandana Sphoorty's management outlines vision, strategies f..
- Targets include AUM of ~INR280b, customer base of ~6.2m.
NMDC
12 Dec 2023
CMP
₹238.55
Target Price
₹210
MO Reco.
Buy
- NMDC is expected to produce around 46mt of iron ore in FY24E..
- The company is undertaking capacity expansion projects to i..
Trent
11 Dec 2023
CMP
₹5,393.35
Target Price
-
MO Reco.
-
- Trent is building a platform to scale up 4-5 large formats, ..
- Trent will continue to sell only own brands and focus on va..
Wipro
11 Dec 2023
CMP
₹524.80
Target Price
₹460
MO Reco.
Neutral
- Wipro's business performance has been lackluster, but there ..
- The company has consulting exposure and muted expectations.
Cyient
09 Dec 2023
CMP
₹1,789.90
Target Price
₹2,250 (26% )
MO Reco.
Buy
- Cyient, a technology company, has provided an update on its ..
- The company attended an analyst day where it reiterated its..
HDFC Bank
08 Dec 2023
CMP
₹1,618.15
Target Price
-
MO Reco.
-
- HDFC Bank expects healthy loan growth and aims to double its..
- The bank's mortgage business and cross-selling of retail pr..
Torrent Pharma.
07 Dec 2023
CMP
₹3,194.90
Target Price
₹2,160
MO Reco.
Neutral
- Torrent Pharma is well-positioned to improve earnings with e..
- Focus on derma therapy and prescription-led portfolio to dr..
Cholaman.Inv.&Fn
07 Dec 2023
CMP
₹1,410.95
Target Price
₹1,420 (1% )
MO Reco.
Buy
- Cholamandalam Inv & Fin is diversifying its loan portfolio a..
- Near-term concerns exist in partnership-led CSEL, but overa..
One 97
06 Dec 2023
CMP
₹509.05
Target Price
₹1,025 (101% )
MO Reco.
Buy
- Paytm hosted an analyst concall to discuss its loan distribu..
- Paytm plans to focus on higher ticket size loans and de-foc..
Adani Ports
06 Dec 2023
CMP
₹1,542.75
Target Price
₹1,210
MO Reco.
Buy
- Adani Ports & SEZ (APSEZ) is on track to surpass its FY24 vo..
- Positive development at the group level supports the compan..
St Bk of India
29 Nov 2023
CMP
₹862.45
Target Price
-
MO Reco.
-
- State Bank of India (SBIN) is well positioned to absorb the ..
- SBIN aims for sustainable RoA/RoE of ~1.2%/20%.
Union Bank (I)
28 Nov 2023
CMP
₹132.87
Target Price
₹130
MO Reco.
Buy
- Union Bank of India's top management highlighted initiatives..
- The bank expects credit growth of 10-12% in FY24.
Sapphire Foods
27 Nov 2023
CMP
₹1,555.80
Target Price
-
MO Reco.
-
- Sapphire Foods India Limited (Sapphire) is focused on both Q..
- The current scenario for Sapphire remains subdued due to ch..
Axis Bank
24 Nov 2023
CMP
₹1,177.35
Target Price
₹1,150
MO Reco.
Buy
- Axis Bank is focusing on digital capabilities for sustainabl..
- Retail and mid-corporate segments are experiencing signific..
IIFL Finance
23 Nov 2023
CMP
₹451.15
Target Price
-
MO Reco.
-
- IIFL Finance has strengthened its customer acquisition capab..
- The company has a strong balance sheet and capital light st..
DLF
22 Nov 2023
CMP
₹829.70
Target Price
₹650
MO Reco.
Neutral
- DLF reported flat YoY bookings in 1HFY24, but expects pre-sa..
- The company is targeting a 12-15% pre-sales CAGR over the m..
Coal India
21 Nov 2023
CMP
₹509.85
Target Price
₹380
MO Reco.
Buy
- Coal India is on track to achieve its production target of 7..
- Robust domestic demand and stable e-auction premiums are ex..
UltraTech Cem.
21 Nov 2023
CMP
₹11,673.05
Target Price
₹10,100
MO Reco.
Buy
- UltraTech Cement is well positioned to capture the growing c..
- The company plans to increase its domestic grey cement capa..
Sunteck Realty
20 Nov 2023
CMP
₹593.80
Target Price
-
MO Reco.
-
- Sunteck Realty is a leading real estate developer in the Mum..
- MMR has seen strong demand and absorption levels, benefitin..
NMDC
17 Nov 2023
CMP
₹238.55
Target Price
₹190
MO Reco.
Buy
- NMDC reported 2QFY24 results in line with estimates, with re..
- The company recorded the highest-ever 2Q production and sal..
S A I L
16 Nov 2023
CMP
₹147.39
Target Price
-
MO Reco.
-
- SAIL's 2QFY24 results showed a one-time revenue and EBITDA g..
- Revenue was up 7% YoY, driven by better-than-expected volum..
Glenmark Pharma.
15 Nov 2023
CMP
₹1,438.40
Target Price
-
MO Reco.
-
- Glenmark Pharma's financial performance in 2QFY24 was in lin..
- Domestic formulation and US generics businesses showed mode..
Grasim Inds
15 Nov 2023
CMP
₹2,843.30
Target Price
₹2,380
MO Reco.
Buy
- Grasim's 2QFY24 EBITDA was below estimates due to lower marg..
- VSF segment performed better than expected, but there was n..
KNR Construct.
15 Nov 2023
CMP
₹367.40
Target Price
₹320
MO Reco.
Buy
- KNR Constructions reported in-line operational performance i..
- The company is focusing on diversifying its order book and ..
O N G C
15 Nov 2023
CMP
₹331.60
Target Price
₹235
MO Reco.
Buy
- ONGC reported a marginal miss on EBITDA due to higher-than-e..
- Oil production from KG basin expected to start in November ..
Manappuram Fin.
14 Nov 2023
CMP
₹212.99
Target Price
-
MO Reco.
-
- Manappuram Finance's 2QFY24 results showed an earnings beat ..
- The company's gold loan growth was muted, but its net inter..
Apollo Hospitals
12 Nov 2023
CMP
₹6,664.55
Target Price
-
MO Reco.
-
- Apollo Hospitals reports strong 2QFY24 results with improved..
- Earnings estimates for FY24 and FY25 are lowered due to var..
Biocon
12 Nov 2023
CMP
₹368.50
Target Price
-
MO Reco.
-
- Biocon's 2QFY24 financial performance missed estimates due t..
- The biosimilar outlook is dull due to regulatory issues and..
Galaxy Surfact.
12 Nov 2023
CMP
₹2,861.15
Target Price
₹3,380 (18% )
MO Reco.
Buy
- Galaxy Surfactants reported 2QFY24 results with robust overa..
- Financials and valuations show a decline in EBITDA/kg and P..
Global Health
12 Nov 2023
CMP
₹1,203.95
Target Price
₹1,050
MO Reco.
Buy
- Medanta, a healthcare company, has reported strong 2QFY24 re..
- The company is on track to achieve its expected FY25 financ..
Repco Home Fin
12 Nov 2023
CMP
₹541.70
Target Price
₹460
MO Reco.
Neutral
- Repco Home Finance reported a 38% YoY growth in PAT for 2QFY..
- The company saw improvement in asset quality and margin per..
Sun TV Network
12 Nov 2023
CMP
₹830.40
Target Price
-
MO Reco.
-
- Sun TV Network's 2QFY24 results showed strong growth support..
- EBITDA grew 36.5% YoY, driven by the movie business as adve..
Ashok Leyland
11 Nov 2023
CMP
₹246.38
Target Price
₹215
MO Reco.
Buy
- Ashok Leyland's 2QFY24 results were in line with expectation..
- The company retains its +8-10% YoY MHCV guidance for FY24.
Aurobindo Pharma
11 Nov 2023
CMP
₹1,386.20
Target Price
₹970
MO Reco.
Neutral
- Aurobindo Pharma delivered better-than-expected performance ..
- The company is on track for its Pen-G project and expects b..
Eicher Motors
11 Nov 2023
CMP
₹5,012.50
Target Price
₹3,800
MO Reco.
Neutral
- Eicher Motors reports better-than-expected 2QFY24 results wi..
- 13-14% growth during festival period, Classic 350 performs ..
Coal India
11 Nov 2023
CMP
₹509.85
Target Price
₹380
MO Reco.
Buy
- Coal India's 2QFY24 revenue was up 10% YoY, driven by higher..
- Blended ASP was down 3% YoY, while FSA ASP was up 9% YoY.
G R Infraproject
11 Nov 2023
CMP
₹1,709.80
Target Price
-
MO Reco.
-
- G R Infraprojects' 2QFY24 results were impacted by monsoon a..
- FY24 is expected to have muted growth due to lower executio..
Hindalco Inds.
11 Nov 2023
CMP
₹667.60
Target Price
₹580
MO Reco.
Buy
- Hindalco's 2QFY24 consolidated revenue was down 4% YoY to IN..
- EBITDA increased 5% YoY to INR56b, in line with estimates.
Lemon Tree Hotel
11 Nov 2023
CMP
₹146.46
Target Price
₹135
MO Reco.
Buy
- Lemon Tree Hotels reports 16% YoY revenue growth in 2QFY24.
- Growth driven by improved occupancy and higher average room..
M & M
11 Nov 2023
CMP
₹2,887.80
Target Price
₹1,775
MO Reco.
Buy
- M&M reported lower operational performance but beat in PAT d..
- Flat YoY growth guidance for FY24 tractor volumes, expects ..
Tata Chemicals
11 Nov 2023
CMP
₹1,070.70
Target Price
₹920
MO Reco.
Neutral
- Tata Chemicals' weak 2QFY24 performance due to lower volumes..
- FY24/FY25 EBITDA estimates cut by 12%/8% due to unfavorable..
BSE
11 Nov 2023
CMP
₹2,447.50
Target Price
₹2,250
MO Reco.
Neutral
- BSE reported strong performance in 2QFY24, with PAT beating ..
- Operating revenue increased 46% QoQ and 59% YoY, beating es..
Ipca Labs.
11 Nov 2023
CMP
₹1,285.30
Target Price
₹1,000
MO Reco.
Neutral
- IPCA Laboratories reported better-than-expected sales in 2QF..
- Earnings were lower than expected due to increased deprecia..
Life Insurance
11 Nov 2023
CMP
₹1,184.35
Target Price
₹850
MO Reco.
Buy
- Life Insurance Corporation (LIC) reported robust improvement..
- LIC is gradually diversifying towards non-par and protectio..
Vodafone Idea
30 Oct 2023
CMP
₹15.98
Target Price
₹11
MO Reco.
Neutral
- Vodafone Idea reported 2% QoQ growth in EBITDA in 2QFY24.
- Subscriber loss slowed down to 1.6 million in 2QFY24.
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