View and valuation:
BDL is inline with capability building to carter future growth. We expect order execution to pick up from FY25 onwards led by various order execution such as in the near term, the company expects execution of program such as Astra Mk-1, SAAW, ULPGM, Drone fired Bombs, SPIKE-ER, 70MM LGR orders by FY25 and QRSAM, NAG ATGM, Advanced Torpedo, MIGM, GRAD Rockets by FY26. Post that the company expects Akash-NG, VLRSAM, MPATGM, Heavy weight Torpedo, AMOGHA-III ATGM, MISTRAL, ...
Buy Bharat Dynamics Ltd For Target Rs.1501 By Choice Broking Ltd
View and valuation:
BDL is inline with capability building to carter future growth. We expect order execution to pick up from FY25 onwards led by various order execution such as in the near term, the company expects execution of program such as Astra Mk-1, SAAW, ULPGM, Drone fired Bombs, SPIKE-ER, 70MM LGR orders by FY25 and QRSAM, NAG ATGM, Advanced Torpedo, MIGM, GRAD Rockets by FY26. Post that the company expects Akash-NG, VLRSAM, MPATGM, Heavy weight Torpedo, AMOGHA-III ATGM, MISTRAL, ...
Reduce Bharat Dynamics Ltd For Target Rs.1501 By Choice Broking Ltd
* India Formulations: The formulations segment generated revenue of INR 13,758 mn, reflecting a 12% YoY growth, primarily driven by strong volume growth in pillar brands and innovative products, contributing 22.8% to total sales. The company launched 10 new products, including 3 first-in-India launches, and outpaced the IPM in key therapies such as Cardiology, Gynecology, Dermatology, Respiratory, Antiinfectives, and super-specialty areas like Oncology and Nephrology. The company maintained i...
Buy Zydus Lifesciences Ltd For Target Rs. 1,319 By Choice Broking Ltd
* Commencement of 3 spoke models: For the first time, Rainbow has launched threespoke hospitals with a total of 280 beds across Hyderabad, Bangalore, and Chennai, bringing the total capacity to 2,000 beds. Additionally, a new block has been added to the existing hospital in Hyderabad, and an outpatient clinic has been opened in Hennur, Bengaluru.
* An uptick in Inpatient and Outpatient volume: During the quarter, the company experienced solid growth in IPD volumes, which increased by 10.2%...
Buy Rainbow Children’s Medicare Ltd For Target Rs. 1,345 By Choice Broking Ltd