News

Neutral Aegis Logistics Ltd For Target Rs.330 - Motilal Oswal Throughput declines but management optimistic in the near term   * Aegis Logistics (AGIS) reported a lower-than-estimated EBITDA of INR2.0b (est. INR2.3b; up 42% YoY, down 6% QoQ) due to lower volumes in 4QFY23. * Gas division posted 88% YoY revenue growth in FY23 driven primarily by 61% YoY growth in sourcing volume. However, management highlighted that the sourcing division contributes very little to EBITDA due to its slender margin of ~USD1/mt. * Although LPG terminalling ...
Neutral Aegis Logistics Ltd For Target Rs.330 - Motilal Oswal
Neutral Aegis Logistics Ltd For Target Rs.330 - Motilal Oswal
Source: Motilal Oswal Financial Services
9/06/2023 2:35:02 PM
Power Pick : Buy Aegis Logistics Ltd For Target Rs.345 - Anand Rathi Shares and Stock Brokers BUY : AEGISCHEM ; CMP: 303 ; STOP LOSS: 287; TARGET: 345 * AEGISCHEM has confirmed an inverse head and shoulder breakout on the daily chart. * The breakout was accompanied with humongous volumes which indicates genuine accumulation. * Even the momentum oscillators are positively poised in all time frames. Thus we advise traders to buy it in the range of 303 – 300 with a strict stop of 287.     To Read Complete Report & Disclaimer C...
Power Pick : Buy Aegis Logistics Ltd For Target Rs.345 - Anand Rathi Shares and Stock Brokers
Power Pick : Buy Aegis Logistics Ltd For Target Rs.345 - Anand Rathi Shares and Stock Brokers
Source: Anand Rathi Share and Stock Brokers Ltd
21/10/2022 1:56:03 PM
LKP Spade A Weekly Pick : Buy Aegis Logistics Ltd For Target Rs 268 - LKP Securities * The stock had given a breakout from an inverse head and shoulder pattern in the past and post that has seen some consolidation.  * The stock in today's trading session has given a strong breakout from the consolidation range with strong volumes indicating     continuation of the momentum on the upside. * The momentum oscillators are in the strong buying zone and the stock today has broken out above its 20DMA as well. Buy AEGIS LOGISTICS LTD @ Rs. 27...
LKP Spade A Weekly Pick : Buy Aegis Logistics Ltd For Target Rs 268 - LKP Securities
LKP Spade A Weekly Pick : Buy Aegis Logistics Ltd For Target Rs 268 - LKP Securities
Source: LKP Securities Ltd
29/08/2022 10:58:40 AM
Neutral Aegis Logistics Ltd For Target Rs. 264 - Motilal Oswal Modest performance; outlook intact * Aegis Logistics (AGIS) reported an in-line EBITDA of INR1.46b (INR1.5b est.; +39% YoY, +2% QoQ) after adjusting for a one-time expenditure of INR621m towards business transfer expenses in 1QFY23. Robust performance in liquid division continued to offset modest gas business division. * While gas business was softer in 1QFY23 due to gradual opening up of the economy with clogged ports impacting throughput volumes adversely, pentup demand for auto LPG a...
Neutral Aegis Logistics Ltd For Target Rs. 264 - Motilal Oswal
Neutral Aegis Logistics Ltd For Target Rs. 264 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
18/08/2022 9:52:55 AM
Neutral Aegis Logistics Ltd For Target Rs. 240 - Motilal Oswal Decent performance led by a steady recovery in volumes * AGIS reported earnings were below our estimates. Revenue was higher than our estimate, led by robust sourcing volumes in 4QFY22. * The company recorded good traction from all three OMCs at its Mumbai and Pipavav LPG terminals. Additional jetty connectivity and construction are underway at Pipavav/Kandla terminals, with expected commissioning in Jun’22/Sep’22 (as per the management’s earlier guidance). * It com...
Neutral Aegis Logistics Ltd For Target Rs. 240 - Motilal Oswal
Neutral Aegis Logistics Ltd For Target Rs. 240 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
18/06/2022 3:01:38 PM
Weekly Tech Picks - Jindal Steel & Power Ltd, Chambal Fertilizers & Chemicals Ltd, Polycab India Ltd, Aegis Logistics Ltd By Axis Securities Jindal Steel & Power Limited * On the daily chart, the stock has observed trend reversal as it has confirmed “consolidation range” breakout on a closing basis * This breakout is accompanied with rising volumes indicating increased participation at lower levels * The stock is well placed above its 20, 50 , 100 and 200 Day SMA which supports bullish sentiments * The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in bu...
Weekly Tech Picks - Jindal Steel & Power Ltd, Chambal Fertilizers & Chemicals Ltd, Polycab India Ltd, Aegis Logistics Ltd By Axis Securities
Weekly Tech Picks - Jindal Steel & Power Ltd, Chambal Fertilizers & Chemicals Ltd, Polycab India Ltd, Aegis Logistics Ltd By Axis Securities
Source: Axis Securities Ltd
16/01/2022 3:06:16 PM
Weekly Tech Picks - Tata Communication Ltd, Aegis Logistics Ltd, Piramal Enterprises Ltd, JSW Steel Ltd By Axis Securities Tata Communications Limited * On the daily chart, the stock has bounced back sharply from its previous breakout zone of 1200 levels which remains a positive sign * The stock has also recaptured its 200 day EMA (1244) which remains a crucial support zone * This buying was observed with huge volume spurt which reconfirm our positive bias * The daily strength indicator RSI and the momentum indicator Stochastic both are in bullish mode which supports rising strengt...
Weekly Tech Picks - Tata Communication Ltd, Aegis Logistics Ltd, Piramal Enterprises Ltd, JSW Steel Ltd By Axis Securities
Weekly Tech Picks - Tata Communication Ltd, Aegis Logistics Ltd, Piramal Enterprises Ltd, JSW Steel Ltd By Axis Securities
Source: Axis Securities Ltd
28/11/2021 12:17:39 PM
Neutral Aegis Logistics Ltd For Target Rs. 375 - Motilal Oswal Focus has shifted away from LPG Logistics. Establishes JV with a leading global player – Royal Vopak of the Netherlands * AGIS has established a JV – Aegis Vopak Terminals (AVTL). Both LPG and liquid storage terminals at Kandla and Pipavav, and liquid storage terminals at Mangalore, Kochi, and Haldia have been brought under AVTL. AGIS will hold 51% stake in AVTL, with the balance held by Vopak. AVTL will also hold the existing 250,000kl liquid terminal of Vopak at Kandla. ...
Neutral Aegis Logistics Ltd For Target Rs. 375 - Motilal Oswal
Neutral Aegis Logistics Ltd For Target Rs. 375 - Motilal Oswal
Source: Motilal Oswal Financial Services
22/07/2021 10:26:02 AM
Aegis Logistics and Royal Vopak (Netherlands) to form a major joint venture by Mr. Yash Gupta, Angel Broking Ltd Below are Quote on Aegis Logistics and Royal Vopak (Netherlands) to form a major joint venture by Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd  Aegis Logistics and Royal Vopak (Netherlands) to form a major joint venture for LPG and chemical terminals in India. Aegis logistics limited announced that the company has entered into an agreement with Vopak to join forces in India with the aim to grow together in the LPG, chemicals storage and handling ...
Aegis Logistics and Royal Vopak (Netherlands) to form a major joint venture by Mr. Yash Gupta, Angel Broking Ltd
Aegis Logistics and Royal Vopak (Netherlands) to form a major joint venture by Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
13/07/2021 1:15:24 PM
Buy Aegis Logistics Ltd For Target Rs. 400 - Motilal Oswal Mixed-bag results; Gas Logistics outlook remains unchanged * Aegis Logistics (AGIS) reported a miss on our estimates, primarily due to a drop in the Gas business, while the Liquids business performed robustly. * The Gas Logistics business was impacted as AGIS reported a shift in BPCL volumes from its Haldia LPG terminal to its recently commissioned terminal. Aegis clocked higher movement of LPG wagons at its Pipavav railway gantry and signed BPCL as a second customer (apart from IOCL). ...
Buy Aegis Logistics Ltd For Target Rs. 400 - Motilal Oswal
Buy Aegis Logistics Ltd For Target Rs. 400 - Motilal Oswal
Source: Motilal Oswal Financial Services
22/06/2021 12:00:23 PM
Aegis Logistics Q4 net profit zooms 172.92% at Rs 94.02 cr The company reported standalone net profit of Rs 94.02 crore for the quarter ended March 31, 2021 as compared to Rs 34.45 crore in the same period last year, registering a year-on-year growth of 172.92 per cent. Net revenue of the company rose marginally by 3.12 per cent at Rs 242.73 crore in January-March quarter of this fiscal as against Rs 235.38 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 10.35 per cent to Rs 190.41 crore from R...
Aegis Logistics Q4 net profit zooms 172.92% at Rs 94.02 cr
Aegis Logistics Q4 net profit zooms 172.92% at Rs 94.02 cr
Source: Dion Global Solutions Ltd
28/05/2021 11:15:58 AM
Buy Aegis Logistics Ltd For Target Rs. 350 - Motilal Oswal Reality check (part II): LPG v/s PNG – favors AGIS * Aegis Logistics (AGIS) has outperformed the Nifty by ~15% in the last six months – on the back of the government impetus to increase the use of LPG in households after the great success of the Pradhan Mantri Ujjwala Yojana (PMUY) scheme – which achieved 99.8% coverage. Also, the stock has held strong despite the recent dip in the markets owing to the following inflection points: * Increased LPG throughput at Mumbai a...
Buy Aegis Logistics Ltd For Target Rs. 350 - Motilal Oswal
Buy Aegis Logistics Ltd For Target Rs. 350 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
26/04/2021 11:31:15 AM