IGI Logo
Toggle Navigation
News
Budget 2024
Hindi
Hindi News
Top News
Screeners
Stocks
Stocks Screener
Stock
News
Stock Market Home Page
Stock News
Industry News
Economy News
Stock on the move
Expert Views
Research Reports
Company Result
Comp Info And Fundamentals
Company Profile
Equity
Financial Ratios
Results
Balance Sheet
Profit And Loss
Cash Flow
Share Holding
Derivatives (F&O)
Get Quotes
Market Watch
Top Gainers
Top Losers
Top Traded Quantity
Top Traded Value
Most Active Puts
Derivatives (F&O)
Most Active Calls
Put Call Ratio
Highest In Premium
Daily Settlement Price
FII and DII Statistics
Open Interest: Highest In OI
Open Interest: Lowest In OI
Derivatives (F&O)
Open Interest: Increase in OI Increase in Price
Open Interest: Decline in OI Decrease in Price
Derivative Watch
Derivatives Dashboard
Historical Data
List of Underlyings & Underlying Info
Derivative Watch
Derivatives Dashboard
Market Reports
Top Gainers
Top Losers
Monthly High/Low
52 Week High
52 Week Low
Market Cap Gainers
Market Cap Losers
PE Ratio
>More Market Reports
IPO
News
IPO News
IPO Issue Reports
Commodity
Commodity Market
Commodity Home Page
Commodity News
Commodity Reports
Market Details
Get Quotes
Top Gainers
Top Losers
Top Volume
Top Value
Top Gainers Spot Market
Top Losers Spot Market
High & Low
Commodity Indices
Technical Analysis
Advance Declines
High & Low
Highest In OI
Lowest OI
Increase In Open Interest(%)
Descrease In Open Interest(%)
Currency
News
Currency News
Economy News
Currency Reports
Mutual Fund
News
Mutual Fund Home Page
Mutual Fund News
Mutual Fund Details
Mutual Fund Home Page
Scheme Profile
Mutual fund Investment
Mutual Fund Share Holding
Mutual Fund Statistics
Mutual fund Gainers
Mutual fund Losers
Biggest Schemes
Best Performers
Latest Dividend Details
Tools
Multi Scheme Comparison Tool
Dividend Details
Performance Map
Mutual fund Investment
Mutual fund Share Holding
Mutual Fund Search Category Rankings
Widgets
Stock Widgets
Watchlist
Heatmap
Mutual Fund Widgets
Watchlist
Wealth
World
Tips
Intraday Tips
Market Outlook
Stock Tips
Commodity Tips
Currency Tips
Reports
Short Term Investment Opportunities
Long Term Investment Opportunities
Sector Analysis
Commodity Reports
Currency Reports
Mutual Fund Analysis
Podcast
Videos
Videos Category
Business Videos
Budget Videos
News And Politics
Entertainment Videos
Sports Videos
Lifestyle And Fashion Videos
Global News Videos
More
Astrology
Women
Politics
Entertainment
Car&Bike
Gadgets
Lifestyle
Sports
Health
Fashion
Diwali Reports
Diwali Expert Reports
News
Stock Market
Diwali Expert Views
Commodities
Budget News
Special Event Expert Views
Expert Views
Broking Firm Views
Company News
Industry News
Economy News
Stock On The Move
Market Outlook
Beyond Market Sports
IPO Reports
IPO More News
Commodities Reports
Currency News
Mutual Fund More News
World Market More News
Astrology
Mutual Fund Analysis
Currency Report
Diwali Report
Mutual Fund Expert Views
Budget Expert Views
Broking Firm Views - Sector Report
Broking Firm Views - Short Term Report
Women
Broking Firm Views - Long Term Report
Top Stories
Top News
IPO Top News
Commodity Top News
Currency Top News
Mutual Fund Top News
World Top News
Special Event Reports
Beyond Market India
Beyond Market Entertainment
Beyond Market Car
Beyond Market Gadgets
Beyond Market Life Style
Beyond Market Health
Beyond Market Fashion
Wealth
IPO Analysis
Expert View Institution
Startup Speak
Diwali Technical Report
Diwali Market Outlook
Podcast - Market Ki Awaaz
Videos Business
Videos Entertainment
Videos Sports
Videos
Videos Lifestyle And Fashion
Videos News And Politics
Videos Global News
Company Result
Budget 2024 Sector Reports
Budget Industry
Budget Wishlist
Startup Expections
Budget Economic Servey
Startup
Budget Bites
Search
Business assets up ~22% YoY; Stage 2/Stage 3 rose by ~100bp/30bp QoQ CE stood at 95% (PY: 96% ) Key takeaways from Jun’24 business update: * Jun’24 disbursements grew ~3% YoY to ~INR43.7b. 1QFY25 disbursements grew 5% YoY to INR127b. * Gross business assets as of Jun’24 stood at ~INR1.06t, up 22% YoY/4% QoQ. * Jun’24 collection efficiency (CE) stood at 95% (vs. 96% in Jun’23). 1QFY25 CE stood at 94% (vs. 94% in Jun’23). * MMFS reported that i...
Company Update ; Buy Mahindra Finance By Motilal Oswal Financial Services
PAT up ~6% QoQ led by growth in interest income and income from JVs/associates * For Jio Financial Services (JFSL), NII rose ~4% QoQ to INR2.8b in 4QFY24 (~INR2.7b in 3Q) and other income declined ~5% QoQ to INR1.4b due to lower commission income. * Operating expenses grew 3% QoQ to INR1b. Employee expenses rose ~16% QoQ because of the hiring of manpower and management team. * Credit costs stood at INR18m (vs. INR2m in 3Q). The profit contribution of JVs and associates increased ~17%...
Company Update : Jio Financial Services - Motilal Oswal Financial Services
Duct Iron Pipes and Specialized Ferro Alloys to be key products moving forward We went for Jai Balaji Industries’ plant visit at Durgapur, West Bengal where the company has its TMT bars producing DRI manufacturing capacity and DI Pipes producing Blast Furnace facilities cupped with backward integrated operations. Post the plant visit, we got to interact with the management as well. The key takeaways from our visit are provided below Capacity expansion plans to focus on capturing t...
Company Update : Jai Balaji Industries Ltd by Motilal Oswal Financial Services
Duct Iron Pipes and Specialized Ferro Alloys to be key products moving forward We went for Jai Balaji Industries’ plant visit at Durgapur, West Bengal where the company has its TMT bars producing DRI manufacturing capacity and DI Pipes producing Blast Furnace facilities cupped with backward integrated operations. Post the plant visit, we got to interact with the management as well. The key takeaways from our visit are provided below Capacity expansion plans to focus on capturing ...
Company Update : Jai Balaji Industries Ltd - Yes Securities Ltd
Highlights of Happy Forgings (HFL) plant visit and management interaction 1) Sound engineering capabilities, as reflected in HFL’s rapid diversification and delivery of complex forged/ machined components to auto/industrial segments, has fetched significant market share gains. 2) Focus on complex/critical parts and recent product additions will open up new opportunities: capability step-up from addition of 14k ton press line (in 3QFY23) helped expand product offerings from up to 90k...
Company Update : Happy Forgings Ltd - Yes Securities Ltd
Focus on volume growth and market share gain * Gulf Oil Lubricants India (GOLI), a Hinduja Group subsidiary, is a prominent player in the Indian Lubricants Industry. As part of Gulf Oil International (GOI), GOLI benefits from global brand ownership. Specializing in automotive and industrial lubricants, GOLI holds a significant position in both B2B and B2C (60% of volumes) markets. * GOLI exports to over 25+ countries across the globe, contributing to ~5% of its annual turnover. The com...
Company Update : Gulf Oil Lubricants India - Motilal Oswal Financial Services
We attended the analyst day meet at Vedanta Ltd held on the 27th of February 2024. The analyst meet focused on the demerger story and potential value unlocking from the same. The meet also laid out the expansion plans under different verticals for the company. At the CMP, the company currently trades at 5.01x EV/EBITDA at FY24E as per Bloomberg estimates. Demerger aimed to unlock potential value On 29th September 2023, the Vedanta board approved a pure-play, asset-owner business model ...
Company Update : Vedanta Ltd - Yes Securities Ltd
View & Valuation In its investor day, Ramkrishna Forgings (RMKF), reemphasized its focus to diversify revenue base from CV to other segments of auto (2W, PV, OHT) and non-auto (Oil and gas, railways and mining). RMKF targets revenues of Rs45-48b by FY26E (v/s ~Rs26b in 9MFY24). This will be led by standalone business (~62% incremental contribution) and balance by recently acquired entities such as, 1) MACL-JMT revenues to be at Rs6-6.75b in FY26E (v/s Rs1.75-2.25b annualized in FY24E) ...
Company Update : Ramkrishna Forgings Ltd - Yes Securities Ltd
ICICI Securities Limited reported robust Q3FY24 results, showcasing a substantial 50% overall revenue growth and notable market share improvements across various revenue-generating parameters. The Profit after Tax surged to 466 crore, reflecting a significant 66% YoY increase and a 10% QoQ rise. The company's success is attributed to effective diversification strategies and a customer-centric coverage model. Key highlights include a 12% sequential growth and a remarkable 56% YoY increase ...
Company Update : ICICI Securities Limited by ARETE Securities Ltd
Concord Biotech Limited is a R&D driven biopharma company that manufactures API through fermentation & semisynthetic process and finished formulations. Founded in the year 2000, the company has transformed from a singleproduct company to a broad-spectrum solution provider, offering products across diversified therapeutic segments. Concord is globally known for its products and has a presence in more than 70 countries worldwide with efficient distribution infrastructure in markets like...
Company Update : Concord Biotech Ltd by Choice Broking Ltd
* Man Industries (India) Ltd. (MAN), was incorporated in 1988 and is the flagship company of the Man Group promoted by the Mansukhani family. Today, the company is one of the largest manufacturer and exporter of large diameter carbon steel line pipes (LSAW, HSAW and ERW), which are used for various high pressure transmission applications for oil & gas industry, petrochemicals, water, dredging & fertilizers, hydro-carbon and CGD Sector. The company has three state-ofthe-art manufacturi...
Company Update : Man Industries Limited by Choice Broking
Domestic steel prices remain under downward pressure, with prices down 6- 7% in 3QFY24. Higher Chinese export prices have now closed the import parity gap from the peak of 12% in October 2023. Raw material prices, iron ore and coking coal remain elevated on the hope of further stimulus in China and supply disruptions. We expect margins for steel companies to remain stable sequentially in 3QFY24 and under downward pressure in 4QFY24. Maintain BUY on JSPL and SELL on SAIL. Domestic steel pri...
Metals & Mining : Steel - margins under pressure by Kotak Institutional Equities
On a like-to-like basis, HUL?s Sep-Q earnings were inline with our expectations though with a somewhat different construct (detailed below). Volume growth of 2% is a further step-down vs earlier levels and rural recovery remains gradual with market volumes still lower vs twoyear ago level. Gross margin progression was much better, but flowthrough to EBITDA was curtailed by higher A&P (+65% yoy) - management expects intensity of spends to sustain, given the step-up seen in competitive ...
Buy Hindustan Unilever For Target Rs.2,880- JM Financial Institutional Securities
On October 16, 2023, ICICI Securities Limited announced strong Q2FY24 results, featuring an impressive 45% year-onyear (YoY) revenue growth and a substantial 34% increase sequentially. These results can be attributed to effective diversification efforts and a customer-centric coverage model. Throughout the quarter, most performance indicators continued to trend upward, and the company saw noticeable gains in market share. Notably, the wealth management segment showed a 7% growth on a seque...
Update on ICICI Securities Limited By ARETE Securities
Dalmia Bharat (DALBHARA)?s 2QFY24 EBITDA was in-line with our estimates, as lower-than-estimated opex offsets the miss on volume and realization. EBITDA was at INR5.9b (vs. estimated INR5.8b) and OPM stood at 18.7% (vs. estimated 17.1%). Adj. Profit (after MI) stood at INR1.2b (4.3x YoY), which was 28% above our estimate, led by higher other income. DALBHARA announced 0.5mtpa brownfield capacity addition in Bihar with an investment of INR910m, which will be completed in FY25E. In 2...
Update on Dalmia Bharat Ltd by Motilal Oswal Financial Services Ltd
Load More