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Accumulate Allcargo Gati for target Rs. 145 - Elara Capitals Restructuring will simplify corporate structure Recently, Allcargo Logistics (AGLL IN) announced 1:1 demerger of its global international supply chain business into a new entity, Allcargo ECU. Also, AGLL seeks to amalgamate its listed subsidiary, Allcargo Gati (ACLGATI IN) and the wholly-owned subsidiary, Allcargo Supply Chain Pvt. (ASCPL) into a single entity – i.e., AGLL (comprising asset light businesses of express logistics and contract logistics with simplified corporate structu...
Accumulate Allcargo Gati for target Rs. 145 - Elara Capitals
Accumulate Allcargo Gati for target Rs. 145 - Elara Capitals
Source: Elara Capital
2023-12-27 01:49:30 pm
Buy Hero Motocorp Ltd For Target Rs.3,850 - Motilal Oswal Financial Services Inline operating performance Looking to ramp up total production of HD and Karizma to 10k/month soon * Hero MotoCorp’s 2Q operating performance was in line, while higher ‘other income’ drove PAT beat. During the initial 17 days of the festive season, HMCL experienced a volume growth of ~15% YoY, driven by the resurgence in rural demand. The order back log for HD X440 stands at ~25k units, which are set to be fulfilled over the next four months. It aims to ramp up produ...
Buy Hero Motocorp Ltd For Target Rs.3,850 - Motilal Oswal Financial Services
Buy Hero Motocorp Ltd For Target Rs.3,850 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2023-11-27 05:12:35 pm
Add TVS Motors Ltd For Target Rs. 1,786 - Choice Broking Ltd In Q2FY24, TVS Motors registered an in-line performance on the revenue front however disappointed on the margin front. Revenue for the quarter grew by 12.8% YoY to Rs.81.44bn (vs est. Rs.81.9bn) driven by 6.5% YoY increase in ASP and 5.9% YoY volume growth. EBIDTA for the quarter jumped by 22.2% YoY to Rs.8.99bn vs est. of Rs.9.55bn. Despite sharp increase in other expenditure, margin expanded by 85bps YoY/47bps QoQ to 11%. Benefit of lower RM cost partially offset by jump in other expenditur...
Add TVS Motors Ltd For Target Rs. 1,786 - Choice Broking Ltd
Add TVS Motors Ltd For Target Rs. 1,786 - Choice Broking Ltd
Source: Choice Broking
2023-11-04 10:12:29 am
Buy Trident Ltd For Target Rs.37 - JM Financial Institutional Securities Textile margins improve; ambitious capex to drive future performance Trident reported consol. EBITDA of INR2.3bn, lower than JMfe of 2.8bn. Revenue from home–textile segment declined sequentially by 4.4% while paper and chemicals segment declined 23.2 QoQ. Textile segment reported EBIT margins of 6.5% during the quarter vs 5.9% during 4QFY23 mainly on account of lower raw material cost while margins for the paper and chemicals segment declined significantly QoQ to 29% (34% in 4QFY23)...
Buy Trident Ltd For Target Rs.37 - JM Financial Institutional Securities
Buy Trident Ltd For Target Rs.37 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
7/08/2023 3:04:04 PM
Buy Gujarat Fluorochemicals Ltd For Target Rs.3,910 - Anand Rathi Stock Brokers * Gujarat Fluorochemicals Ltd. (FLUOROCHEM) has reported a growth of 41.2% in its revenues at ?14,179 million in Q3-FY23 as against ?10,039 million in Q3-FY22. The growth was mainly driven by strong performance in Fluorochemicals and Fluoropolymers business growing by 195% 40.8% YoY respectively. The Bulk chemicals business reported a de-growth of 12% in the quarter * On profitability front, the company has reported operating margins of 34.7% at ?4,922 million in Q3-FY23 as against 31.2% a...
Buy Gujarat Fluorochemicals Ltd For Target Rs.3,910 - Anand Rathi Stock Brokers
Buy Gujarat Fluorochemicals Ltd For Target Rs.3,910 - Anand Rathi Stock Brokers
Source: Anand Rathi Stock Brokers
20/02/2023 3:57:06 PM
Union Budget Preview by GEPL Capital Preface The Feb 1st, Budget day is near to us. The sentiments suggest that government would announce a series of measures in Union Budget FY24 that would help in the revival of the domestic economy. This time in Budget, The Where, How much, What are more important than before on course of headwinds in overall global economies from developing nations to the developed ones. Smart allocations through various majors could provide some degree of immunity to Indian economy. Budget Focus E...
Union Budget Preview by GEPL Capital
Union Budget Preview by GEPL Capital
Source: GEPLCapital Ltd
30/01/2023 12:48:07 PM
Weekly Tech Picks - Astra Microwave Products Ltd, Emami Ltd, Thermax Ltd, Sun Pharma Advanced Research Company Ltd By Axis Securities Astra Microwave Products Limited • On the weekly time frame the stock has decisively broken out one year “consolidation zone” breakout at 292 levels on a closing basis . This breakout is accompanied with huge volumes indicating increased participation • The stock is well placed above 20, 50, 100 and 200 day SMA’s which reconfirms bullish trend Astra Microwave Products Limited Weekly Tech Picks 19 August,2022reconfirms bullish trend • On the daily and ...
Weekly Tech Picks - Astra Microwave Products Ltd, Emami Ltd, Thermax Ltd, Sun Pharma Advanced Research Company Ltd By Axis Securities
Weekly Tech Picks - Astra Microwave Products Ltd, Emami Ltd, Thermax Ltd, Sun Pharma Advanced Research Company Ltd By Axis Securities
Source: Axis Securities Ltd
22/08/2022 12:31:24 PM
Centrum Broking gives 'buy' call for Container Corp, Polycab India, Axis Bank Brokerage firm Centrum Broking has given a 'buy' call to potential investors for shares such as Container Corporation of India, Polycab India, and Axis Bank. For Container Corporation of India, it has kept the target price at Rs 737 per share by FY23-FY24, against the current price of Rs 620. "Concor's domestic business is on a strong growth trajectory led by incremental cargo in commodities like cement, foodgrains, industrial salts, etc.," it said. The company&...
Centrum Broking gives 'buy' call for Container Corp, Polycab India, Axis Bank
Centrum Broking gives 'buy' call for Container Corp, Polycab India, Axis Bank
Source: IANS
26/01/2022 7:44:05 PM
Buy State Bank of India Ltd For Target Rs.286 - HDFC Securities Inexpensive valuations. BUY SBIN’s 1Q was ahead of estimates across fronts, aided by margin improvement, high treasury gains, and lower provisions. Asset quality improvement was optical, and COVID-19 provisions seem inadequate. Our conservative earnings estimates, consequently, remained mostly unchanged. Asset quality trends and capital raising (given SBIN’s weak capital base and RoAE profile) should be watched for. The term of SBIN’s current chairman is set to end in Oct...
Buy State Bank of India Ltd For Target Rs.286 - HDFC Securities
Buy State Bank of India Ltd For Target Rs.286 - HDFC Securities
Source: HDFC Securities Ltd
29/09/2020 12:06:13 PM
Buy V-Guard Industries Ltd For Target Rs.210 - ICICI Direct Profitability cushioned by significant cost savings… V-Guard’s Q1FY21 performance was severely impacted by the lockdown, wherein topline, bottomline fell 42%, 93%, respectively. While EBITDA fell 87% YoY, the company took significant cost saving measures (in employee, advertisement & other costs) to cushion operating profit in Q1FY21. Going forward, the company expects a sharp margin recovery with improvement in sales. V-Guard saw a sharp recovery in sales on a month on m...
Buy V-Guard Industries Ltd For Target Rs.210 - ICICI Direct
Buy V-Guard Industries Ltd For Target Rs.210 - ICICI Direct
Source: ICICI Direct
16/09/2020 12:01:29 PM
Neutral GSK Pharma Ltd Rs.1,355 - Motilal Oswal COVID-19-led weakness in performance Outlook to improve gradually * GSK Pharma (GLXO)’s performance for the quarter was deeply impacted by the COVID-19-led disruption. As a result, the company posted the lowest revenue recorded in the past 16 quarters. The severity amplified with reduced operating leverage. The outlook is expected to gradually improve with the easing of the lockdown. * We reduce our EPS estimate by 26.3%/11.7% for FY21/FY22 to factor COVID19-led weakness in th...
Neutral GSK Pharma Ltd Rs.1,355 - Motilal Oswal
Neutral GSK Pharma Ltd Rs.1,355 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
4/09/2020 12:01:05 PM
Buy HDFC Bank Ltd For Target Rs.1,300 - Emkay Global More prudent and efficient; smooth management transition holds the key * Despite the sharp decline in fee income amid the disruption in business activity, HDFCB reported a healthy 20% yoy growth in PAT to Rs67bn on lower opex/contained provisions. The GNPA ratio inched up to 1.4% as a result of a prudent and proactive NPA recognition policy vs. actual formation. * Overall loan moratorium stands at 9% (in terms of number of customers), with nearly 97% in 0 DPD. Resolution rates have acce...
Buy HDFC Bank Ltd For Target Rs.1,300 - Emkay Global
Buy HDFC Bank Ltd For Target Rs.1,300 - Emkay Global
Source: Emkay Global Financial Services Ltd
13/08/2020 9:26:56 AM
Hold SRF Limited For The Target Rs.3,653 - ICICI Securities Specialty chemicals beat already-high expectations SRF’s specialty chemicals sawan outstanding FY20 with revenuesof Rs16.5bn, up 60% (on 82% growth in FY19).However,ref-gas revenues, despite doubling of HFC capacity,slightlydippeddue to pressure on realisation. This also hurt marginsresulting inchemical business EBIT margin improving byonly 160bpsto 17.3%. SRF has guided for 20-25% specialty chemical revenue growth in FY21,and last two years’track record suggests it should surp...
Hold SRF Limited For The Target Rs.3,653 - ICICI Securities
Hold SRF Limited For The Target Rs.3,653 - ICICI Securities
Source: ICICI Securities Ltd
13/07/2020 10:41:50 AM
Stock Picks - UltraTech Cement and Hindalco Industries Ltd by ICICI Direct UltraTech Cement (ULTCEM) Buy UltraTech Cement  Ltd @3928.00-3935.00  CMP 3938.10 Target 3998.00  SL 3896.80   Hindalco Industries (HININD) Buy Hindalco Industries Ltd @154.00-155.00  CMP 155.00 Target 158.00  SL 152.80   To Read Complete Report & Disclaimer Click Here   For MoICICI Directre ICICI Direct Disclaimer http://icicidirect.com/disclaimer.html SEBI Registration number is INZ000183631   Above view...
Stock Picks - UltraTech Cement and Hindalco Industries Ltd by ICICI Direct
Stock Picks - UltraTech Cement and Hindalco Industries Ltd by ICICI Direct
Source: ICICI Direct
7/07/2020 10:44:12 AM
Buy Hindalco Industries Ltd For Target Rs. 199.00 - By ICICI Securities Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel https://t.me/InvestmentGuruIndia  Download Telegram App before Joining the Channel Adjusting to new reality – a quarter of shutdown With the second wave of Covid19 re-emerging in China and India fast moving into a lockdown, a steep cut in earnings of metals pack for FY21E looks likely. We have assumed a quarter of disruption in ...
Buy Hindalco Industries Ltd For Target Rs. 199.00 - By ICICI Securities
Buy Hindalco Industries Ltd For Target Rs. 199.00 - By ICICI Securities
Source: ICICI Securities Ltd
24/03/2020 2:30:14 PM
Update On Hexaware Technologies Ltd For Target Rs. 380 - Reliance Sec Now Get InvestmentGuruIndia.com news on WhatsApp. Click Here To Know More * Hexaware Technologies’ stock price was up 0.5% in yesterday’s trade, while the BSE Sensex rose 0.2%. * Hexaware’s 3QCY18 revenue grew by 1.6% QoQ (+2.1% QoQ in CC terms) to US$171.1mn owing to unseasonal furloughs with a client, delays in ramp-up in 2 deals and staffing issues in the US. * From a vertical perspective, subdued revenue growth can be attributed to poor performances in Trav...
Update On Hexaware Technologies Ltd For Target Rs. 380 - Reliance Sec
Update On Hexaware Technologies Ltd For Target Rs. 380 - Reliance Sec
Source: Religare Securities Ltd
21/01/2019 10:28:38 AM
Buy HDFC Bank  Ltd For Target Rs. 2230.00 - Religare Sec Now Get InvestmentGuruIndia.com news on WhatsApp. Click Here To Know More HDFC Bank Limited (HDFCBANK) Buy HDFC Bank  Ltd @ 2100-2120  Stoploss 2070   Target 2230 CMP 2130.2 Among the private banking space, HDFC Bank holds prominence due to its consistent performance. It’s currently trading strongly above the support zone of major moving averages on multiple time frames, clearly indicating its strength. Also, it has formed a fresh buying pivot and likely to ...
Buy HDFC Bank  Ltd For Target Rs. 2230.00 - Religare Sec
Buy HDFC Bank  Ltd For Target Rs. 2230.00 - Religare Sec
Source: Religare Securities Ltd
18/12/2018 11:18:24 AM
Buy CEATLTD For Target Rs. 44.00 - Religare Sec Derivative Ideas CEATLTD added around 1.5% in open interest as long buildup was seen in it in previous session. Current chart pattern also indicates further surge in its price. We suggest buying CEATLTD options as per below levels. Strategy:- Buy CEATLTD 1140 CE between 26-27, Stop loss - 18, Target - 44 for 4-6 trading sessions.   To Read Complete Report & Disclaimer Click Here   For Religare Securities Ltd Disclaimer http://old.religareonl...
Buy CEATLTD For Target Rs. 44.00 - Religare Sec
Buy CEATLTD For Target Rs. 44.00 - Religare Sec
Source: Religare Securities Ltd
17/10/2018 8:58:20 AM
Buy Lupin Ltd For Target Rs.45.00 - Religare Sec Lupin Ltd LUPIN has witnessed decent profit taking and found support around the multiple moving averages (200/100/50)EMA’s on daily chart. It is rebounding from thereon and likely to maintain this bias ahead as well. Traders should use this dip to initiate fresh longs through Call option as per the mentioned levels.     Recommendation Buy Lupin Ltd 900 CE @ 30-32  Stop loss 24 Target 45  CMP 36   To Read Complete Report & D...
Buy Lupin Ltd For Target Rs.45.00 - Religare Sec
Buy Lupin Ltd For Target Rs.45.00 - Religare Sec
Source: Religare Securities Ltd
28/09/2018 9:45:31 AM
Buy SRF Ltd For Target Rs. 2,305.00 - Emkay Global * SRF’s Q1FY19 revenue grew by 34.6% yoy to Rs17.4bn (Emkay Est. of Rs16.16bn), driven by strong performance of Packaging Films (+64% yoy) and Chemicals (+44% yoy) segments, aided by 6.2% yoy growth in Technical Textiles. * EBITDA stood at Rs3.1bn with margin expanding by 277bps yoy to 17.9% (Emkay Est: 19.4%) on account of better operational performance across segments. Margin expansion was supported by a healthy performance in Core Speciality Chemicals. * Forex-adjusted EBIT mar...
Buy SRF Ltd For Target Rs. 2,305.00 - Emkay Global
Buy SRF Ltd For Target Rs. 2,305.00 - Emkay Global
Source: Emkay Global Financial Services Ltd
3/09/2018 10:19:33 AM
Buy L and T Finance Holdings Ltd For Target Rs.160.00 - Religare Sec L and T Finance Holdings Ltd After retesting its crucial support zone of 100 day EMA on weekly chart, L&TFH has been hovering in a narrow range and formed a fresh buying pivot. The chart positioning combined with signals from the indicators is pointing towards strong rebound in near future. Traders should use this opportunity and accumulate fresh long in the given range. Recommendation Buy  L&T Finance Holdings Ltd @ 149-151 Stoploss 145 Target 160 CMP 150.35 ...
Buy L and T Finance Holdings Ltd For Target Rs.160.00 - Religare Sec
Buy L and T Finance Holdings Ltd For Target Rs.160.00 - Religare Sec
Source: Religare Securities Ltd
10/07/2018 2:01:50 PM
Facebook shuffles top management, eyes Blockchain: Report Mired in a massive data breach controversy, Facebook has reportedly rolled out biggest-ever shuffle at the senior management level since its inception -- across platforms, including WhatsApp and Messenger. According to tech news website Recode, Facebook has made long-time executive Chris Cox in-charge of Facebook, Instagram, WhatsApp and Messenger -- now called a "family of apps". "Facebook is also building a new team dedicated to Blockchain technology. David Marcus, the ...
Facebook shuffles top management, eyes Blockchain: Report
Facebook shuffles top management, eyes Blockchain: Report
Source: IANS
9/05/2018 11:58:45 AM
Trump says he would negotiate Brexit with 'tougher' attitude than Theresa May LONDON  - U.S. President Donald Trump would take a "tougher" approach to Brexit negotiations than Britain's Prime Minister Theresa May, he said in a television interview to be broadcast later on Sunday. In the interview with British channel ITV, Trump said the European Union was "not cracked up to what it's supposed to be" and claimed he had predicted the result of the June 2016 referendum in which Britons voted to leave the EU. Trump was elected to the U.S...
Trump says he would negotiate Brexit with 'tougher' attitude than Theresa May
Trump says he would negotiate Brexit with 'tougher' attitude than Theresa May
Source: Reuters
28/01/2018 4:31:32 PM
Canada hopes NAFTA talks go on to next round; some progress made MONTREAL - Officials trying to hammer out differences over how to update the North American Free Trade Agreement have made some progress and hope politicians decide the talks should continue, Steve Verheul, Canada's chief negotiator, told Reuters on Saturday. The United States, Canada and Mexico are due to finish the sixth of seven planned rounds of NAFTA discussions on Monday, with several major issues far from being resolved. U.S. President Donald Trump, who describes the $1.2 tri...
Canada hopes NAFTA talks go on to next round; some progress made
Canada hopes NAFTA talks go on to next round; some progress made
Source: Reuters
28/01/2018 10:13:59 AM
Udan-II: Kargil, Darbhanga to get flight services The central government on Wednesday awarded contracts to 15 companies to operate flight and chopper services under the second round of its air regional connectivity "Udan" scheme. Accordingly, state-run Airports Authority of India (AAI), the implementing agency of the scheme, issued "Letter of Awards" for 90 proposals involving around 325 regional connectivity routes which were received under the second round of RCS-Udan. Subsequently, under the second phase flight o...
Udan-II: Kargil, Darbhanga to get flight services
Udan-II: Kargil, Darbhanga to get flight services
Source: IANS
25/01/2018 8:55:51 AM
Fly AirAsia at Rs 99 to 7 cities in India Low-cost airline AirAsia India on Sunday said it would fly passengers from Monday to seven cities across the country at a promotional base fare from Rs 99 upwards. "The promotional fares start from Rs 99 under the dynamic pricing to cities like Bengaluru, Hyderabad, Kochi, Kolkata, New Delhi, Pune and Ranchi," it said in a statement here. The budget carrier's parent firm AirAsia will also fly its passengers at Rs 1,499 base fare from Indian cities to 10 countries in the As...
Fly AirAsia at Rs 99 to 7 cities in India
Fly AirAsia at Rs 99 to 7 cities in India
Source: IANS
15/01/2018 9:28:28 AM