Powered by: Motilal Oswal

News

Buy 3M India Ltd For Target Rs. 35,200 - ICICI Securities FY23 annual report analysis: Strong growth in end-user industries leading to healthy EVA creation We remain enthused about 3M India post analysing its FY23 annual report. Key highlights: (1) Most end-user industries – e.g. automotive, infrastructure and manufacturing – have reported revival, which augurs well for 3M India. (2) Company has passed on additional costs with a lag and, with relatively stable exchange rates, it improved its EBITDA margin to 15.3% in FY23 from 11.7% i...
Buy 3M India Ltd For Target Rs. 35,200 - ICICI Securities
Buy 3M India Ltd For Target Rs. 35,200 - ICICI Securities
Source: ICICI Securities
1/09/2023 2:32:54 PM
Buy 3M India Ltd For Target Rs. 32,650 - ICICI Securities Sixth straight quarter of 25%+ YoY EBITDA growth; Re-iterate BUY 3M India maintained strong growth momentum with eighth straight quarter of 11%+ revenue growth YoY and sixth straight quarter of 25%+ EBITDA growth YoY. We believe the revival in industrials, infrastructure and automotive sectors augurs well for most segments of 3M India. Increase in localisation of mobile manufacturing is also expected to create additional growth opportunities for 3M India. While Consumer and Healthcare segm...
Buy 3M India Ltd For Target Rs. 32,650 - ICICI Securities
Buy 3M India Ltd For Target Rs. 32,650 - ICICI Securities
Source: ICICI Securities
13/08/2023 2:28:28 PM
Neutral Info Edge(India) Ltd For Target Rs.4,200 - Motilal Oswal Naukri performance to drag FY24 growth Limited scope for margin improvement; reiterate Neutral on valuations * Info Edge (INFOE) delivered a weaker-than-expected revenue growth in 1QFY24, with standalone revenue rising 15% YoY (20.6% expected). EBITDA margin was better than expected at 38.8%, down 30bp QoQ (120bp beat). Overall Billings were muted and remained flat YoY at INR 5.2b, largely on account of lower billings in Recruitment solutions business (down 4.2% YoY). * The managemen...
Neutral Info Edge(India) Ltd For Target Rs.4,200 - Motilal Oswal
Neutral Info Edge(India) Ltd For Target Rs.4,200 - Motilal Oswal
Source: Motilal Oswal Financial Services
13/08/2023 10:40:05 AM
Neutral Info Edge(India) Ltd For Target Rs.4,010 - Motilal Oswal Strong margin profile to sustain; maintain Neutral on valuations * Info Edge (INFOE) delivered a healthy revenue growth in 4QFY23, with standalone revenue rising 24% YoY (in line) fueled by 27% YoY growth in the Recruitment vertical. EBITDA margin was flat QoQ at 39.1% (strong 240bp beat). Billings were healthy (up 15.3% YoY to INR7.5b) and grew ahead of our estimate, despite a slowdown in IT hiring during the quarter. * Management sees clear sign of a slowdown in IT hiring that remains...
Neutral Info Edge(India) Ltd For Target Rs.4,010 - Motilal Oswal
Neutral Info Edge(India) Ltd For Target Rs.4,010 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
2/06/2023 2:18:29 PM
Dredging Corporation of India edges higher on aiming 12% growth in turnover during FY24 Dredging Corporation Of India is currently trading at Rs. 314.00, up by 0.10 points or 0.03% from its previous closing of Rs. 313.90 on the BSE. The scrip opened at Rs. 315.00 and has touched a high and low of Rs. 316.40 and Rs. 311.50 respectively. So far 956 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 456.15 on 29-Nov-2022 and a 52 week low of Rs. 248.10 on 23-Jun-2022. Last one week high and low of the s...
Dredging Corporation of India edges higher on aiming 12% growth in turnover during FY24
Dredging Corporation of India edges higher on aiming 12% growth in turnover during FY24
Source: Accord Fintech
31/05/2023 3:57:14 PM
Syngene International shines on reporting 21% rise in Q4 consolidated net profit Syngene International is currently trading at Rs. 643.70, up by 20.25 points or 3.25% from its previous closing of Rs. 623.45 on the BSE. The scrip opened at Rs. 640.00 and has touched a high and low of Rs. 659.80 and Rs. 632.00 respectively. So far 113723 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 659.80 on 27-Apr-2022 and a 52 week low of Rs. 511.50 on 26-May-2022. Last one week high and low of the scrip...
Syngene International shines on reporting 21% rise in Q4 consolidated net profit
Syngene International shines on reporting 21% rise in Q4 consolidated net profit
Source: Accord Fintech
27/04/2023 2:29:22 PM
Buy Info Edge (India) Ltd For Target Rs. 4,650 - JM Financial Institutional Securities Going strong despite challenging times; valuation reasonable Concerns of IT hiring slowdown affecting the recruitment vertical have only aggravated each passing quarter over the last 12 months or so. However, defying expectations and a base that only gets steeper, INFOE has continued to report better-than-expected billings. Recruitment billings grew 17.7% YoY vs. JMFe of 15.0% YoY in 3Q; in fact, it rose 45% YoY on a TTM basis led by strong realisation and expansion of the customer base. F...
Buy Info Edge (India) Ltd For Target Rs. 4,650 - JM Financial Institutional Securities
Buy Info Edge (India) Ltd For Target Rs. 4,650 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
14/02/2023 1:00:00 PM
Buy Info Edge(India) Ltd For Target Rs. 5,215 - Yes Securities Ltd Strong operating performance led by Recruitment and Real estate segments Result Synopsis Info Edge(India) (INFOE) reported strong financial performance for the quarter. While, the sequential revenue growth was inline with estimates; EBITDA margin was above expectation. Revenue grew by 4.4% QoQ, led by 4.5% QoQ growth in the revenue of Recruitment business. Consolidated Billing remained strong as it grew by 14.5% YoY. There was sequential increase in EBITDA margin(up 445 bps QoQ) on acco...
Buy Info Edge(India) Ltd For Target Rs. 5,215 - Yes Securities Ltd
Buy Info Edge(India) Ltd For Target Rs. 5,215 - Yes Securities Ltd
Source: Yes Securities Ltd
13/02/2023 3:43:44 PM
Syngene Internationa Q3 net profit up 5.90% at Rs 109.50 cr The company reported standalone net profit of Rs 109.50 crore for the quarter ended December 31, 2022 as compared to Rs 103.40 crore in the same period last year, registering a year-on-year growth of 5.90 per cent. Net revenue of the company rose substantially by 23.00 per cent at Rs 786.60 crore in October-December quarter of this fiscal as against Rs 639.50 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 27.31 per cent to Rs 556....
Syngene Internationa Q3 net profit up 5.90% at Rs 109.50 cr
Syngene Internationa Q3 net profit up 5.90% at Rs 109.50 cr
Source: Dion Global Services Ltd.
24/01/2023 12:02:11 PM
Antony Waste Handling Cell inches up on winning contract from Pimpri Chinchwad Municipal Corporation Antony Waste Handling Cell is currently trading at Rs. 315.15, up by 5.70 points or 1.84% from its previous closing of Rs. 309.45 on the BSE. The scrip opened at Rs. 311.80 and has touched a high and low of Rs. 315.15 and Rs. 310.65 respectively. So far 439 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 367.95 on 06-Sep-2022 and a 52 week low of Rs. 234.80 on 26-May-2022. Last one week high and low of the scrip...
Antony Waste Handling Cell inches up on winning contract from Pimpri Chinchwad Municipal Corporation
Antony Waste Handling Cell inches up on winning contract from Pimpri Chinchwad Municipal Corporation
Source: Accord Fintech
3/01/2023 11:37:51 AM
Buy Info Edge (India) Limited For Target Rs.5,380 - Yes Securities Maintains strong operating performance led by the core recruitment business Result Synopsis Info Edge(India) (INFOE) reported strong financial performance for the quarter. Both, sequential revenue growth and EBITDA margin were broadly as per estimates. Revenue grew by 4.8% QoQ, led by 8.0% QoQ growth in the revenue of Recruitment business Consolidated Billing remained strong as it grew by 31% YoY. There was sequential increase in EBITDA margin(up 246 bps QoQ) on account of control on A&...
Buy Info Edge (India) Limited For Target Rs.5,380 - Yes Securities
Buy Info Edge (India) Limited For Target Rs.5,380 - Yes Securities
Source: Yes Securities Ltd
8/12/2022 11:46:45 AM
Buy 3M India Ltd For Target Rs. 27,400 - ICICI Securities Strong dividend payout to improve RoCE without affecting ability to invest in capex 3M India has announced its first-ever dividend (Rs850/share), which is the key highlight of Q2FY23 result. The payout will result in cash outflow of Rs9.75bn, but the company still has enough cash on books (~Rs4bn) to invest in any large capex. It also generates OCF > Rs3bn each year. Revenue of 3M grew 16.3% YoY, led by strong numbers across all segments. Amidst input material inflation, supply-chain ch...
Buy 3M India Ltd For Target Rs. 27,400 - ICICI Securities
Buy 3M India Ltd For Target Rs. 27,400 - ICICI Securities
Source: ICICI Securities Ltd
2/12/2022 2:37:20 PM
Neutral Info Edge(India) Ltd For Target Rs.4,020 - Motilal Oswal Non-IT demand to partially compensate for the slowdown in tech Maintain Neutral on Valuations * INFOE delivered a strong revenue growth in 2QFY23, with a standalone revenue growth of 51% YoY (inline), led by 41% growth in the Recruitment vertical. EBITDA margin rose 250bp QoQ to 34.6% on account of lower employee and advertisement spends. Billings in 2QFY23 remained strong, but grew at a relatively slower pace (up 30% YoY to INR5.4b). * The management sees clear signs of a slowdown i...
Neutral Info Edge(India) Ltd For Target Rs.4,020 - Motilal Oswal
Neutral Info Edge(India) Ltd For Target Rs.4,020 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
30/11/2022 3:36:08 PM
Adani Enterprises inches up on signing binding term sheet to acquire stake in SIBIA Adani Enterprises is currently trading at Rs. 3211.00, up by 3.00 points or 0.09% from its previous closing of Rs. 3208.00 on the BSE. The scrip opened at Rs. 3209.50 and has touched a high and low of Rs. 3220.00 and Rs. 3138.00 respectively. So far 396495 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3883.70 on 20-Sep-2022 and a 52 week low of Rs. 1344.60 on 28-Oct-2021. Last one week high and low of the scri...
Adani Enterprises inches up on signing binding term sheet to acquire stake in SIBIA
Adani Enterprises inches up on signing binding term sheet to acquire stake in SIBIA
Source: Accord Fintech
17/10/2022 12:08:30 PM
Adani Enterprises Lt Q1 net profit jumps 72.50% at Rs 442.94 cr The company reported standalone net profit of Rs 442.94 crore for the quarter ended June 30, 2022 as compared to Rs 256.77 crore in the same period last year, registering a year-on-year growth of 72.50 per cent. Net revenue of the company rose three fold by 307.22 per cent at Rs 20,318.47 crore in April-June quarter of this fiscal as against Rs 4,989.53 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 334.59 per cent to Rs 19,756.76 cr...
Adani Enterprises Lt Q1 net profit jumps 72.50% at Rs 442.94 cr
Adani Enterprises Lt Q1 net profit jumps 72.50% at Rs 442.94 cr
Source: Dion Global Solutions Ltd
5/08/2022 11:31:36 AM
Adani Enterprises gains as its arm acquires 400MHz of spectrum in 26GHz millimetre wave band Adani Enterprises is currently trading at Rs. 2703.60, up by 20.70 points or 0.77% from its previous closing of Rs. 2682.90 on the BSE. The scrip opened at Rs. 2689.00 and has touched a high and low of Rs. 2701.85 and Rs. 2687.55 respectively. So far 2288 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2,701.85 on 03-Aug-2022 and a 52 week low of Rs. 1344.60 on 28-Oct-2021. Last one week high and low of the scri...
Adani Enterprises gains as its arm acquires 400MHz of spectrum in 26GHz millimetre wave band
Adani Enterprises gains as its arm acquires 400MHz of spectrum in 26GHz millimetre wave band
Source: Accord Fintech
3/08/2022 9:51:46 AM
Buy Welspun India Ltd For Target Rs.118 - Sushil Finance Welspun India Ltd. recently announced its performance for the quarter ended June 30 2022. Following are the key highlights. Highlights from the Quarter (Q1 FY23) : During Q1 FY23, the top-line fell by 11.6% yoy to Rs.1,957.3 cr and on sequential basis, the top-line was down 12.1%. Home textiles reported de-growth of 13% yoy to Rs.1,852 cr, while flooring reported 39.5% yoy growth to Rs.169.4 cr. The demand for the home textiles products was subdued in Q1 FY23, on account of oversupply i...
Buy Welspun India Ltd For Target Rs.118 - Sushil Finance
Buy Welspun India Ltd For Target Rs.118 - Sushil Finance
Source: Sushil Finance Ltd
30/07/2022 11:39:30 AM
Adani Enterprises surges on planning to raise funds through various modes Adani Enterprises is currently trading at Rs. 2618.75, up by 67.95 points or 2.66% from its previous closing of Rs. 2550.80 on the BSE. The scrip opened at Rs. 2565.00 and has touched a high and low of Rs. 2622.00 and Rs. 2565.00 respectively. So far 19825 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2,622.00 on 29-Jul-2022 and a 52 week low of Rs. 1344.60 on 28-Oct-2021. Last one week high and low of the scr...
Adani Enterprises surges on planning to raise funds through various modes
Adani Enterprises surges on planning to raise funds through various modes
Source: Accord Fintech
29/07/2022 10:53:06 AM
Adani Enterprises stock hits new record high The share price of Adani Enterprises Ltd hit 52-week high mark of Rs 2,561.35 on the BSE on Monday. The stock, which has been on the uptrend for the past several days, opened at Rs 2,500 after closing at Rs 2,499 on Friday and went up to Rs 2,561.35 before ending the day at Rs 2,549.85. It is said that the stock of the Adani Group's flagship company is on the rise owing to increased demand for power. The other listed companies of the group in the power sector are Adani Power, Ada...
Adani Enterprises stock hits new record high
Adani Enterprises stock hits new record high
Source: IANS
25/07/2022 5:23:46 PM
Info Edge surges on investing Rs 15 crore in Smartweb Internet Services Info Edge (India) is currently trading at Rs. 4145.00, up by 16.10 points or 0.39% from its previous closing of Rs. 4128.90 on the BSE. The scrip opened at Rs. 4213.00 and has touched a high and low of Rs. 4213.00 and Rs. 4126.00 respectively. So far 12285 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7462.95 on 19-Oct-2021 and a 52 week low of Rs. 3314.00 on 26-May-2022. Last one week high and low of the scr...
Info Edge surges on investing Rs 15 crore in Smartweb Internet Services
Info Edge surges on investing Rs 15 crore in Smartweb Internet Services
Source: Accord Fintech
20/07/2022 3:29:31 PM
Adani Enterprises rises as its arm deposits Rs 100 crore as EMD for 5G spectrum auction Adani Enterprises is currently trading at Rs. 2454.50, up by 30.50 points or 1.26% from its previous closing of Rs. 2424.00 on the BSE. The scrip opened at Rs. 2413.50 and has touched a high and low of Rs. 2459.00 and Rs. 2405.00 respectively. So far 43974 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2,459.00 on 19-Jul-2022 and a 52 week low of Rs. 1333.30 on 19-Jul-2021. Last one week high and low of the scr...
Adani Enterprises rises as its arm deposits Rs 100 crore as EMD for 5G spectrum auction
Adani Enterprises rises as its arm deposits Rs 100 crore as EMD for 5G spectrum auction
Source: Accord Fintech
19/07/2022 3:49:26 PM
Syngene International soars on signing 10-year biologics manufacturing agreement with Zoetis Syngene International is currently trading at Rs. 610.20, up by 23.15 points or 3.94% from its previous closing of Rs. 587.05 on the BSE. The scrip opened at Rs. 602.95 and has touched a high and low of Rs. 612.50 and Rs. 593.25 respectively. So far 37679 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 699.95 on 16-Jul-2021 and a 52 week low of Rs. 508.10 on 22-Feb-2022. Last one week high and low of the scrip ...
Syngene International soars on signing 10-year biologics manufacturing agreement with Zoetis
Syngene International soars on signing 10-year biologics manufacturing agreement with Zoetis
Source: Accord Fintech
15/07/2022 10:29:52 AM
Adani Ports handles a record 100 mmt cargo in just 99 days Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest integrated transport utility, has clocked a cargo throughput of 100 MMT in the first 99 days of FY23. APSEZ hit this record volume on July 8, 2022. The milestone is significant as it demonstrates the rapidly improving efficiency of APSEZ, which needed a year to achieve 100 MMT cargo volume FY2014. "In 2021, we stated our ambition to emerge as the world's largest private port company and India's largest i...
Adani Ports handles a record 100 mmt cargo in just 99 days
Adani Ports handles a record 100 mmt cargo in just 99 days
Source: IANS
13/07/2022 2:47:16 PM
Syngene International rises on inking agreement to acquire equity stake up to 26% in AREREPL Syngene International is currently trading at Rs. 575.20, up by 4.30 points or 0.75% from its previous closing of Rs. 570.90 on the BSE. The scrip opened at Rs. 572.55 and has touched a high and low of Rs. 575.50 and Rs. 572.25 respectively. So far 1368 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 699.95 on 16-Jul-2021 and a 52 week low of Rs. 508.10 on 22-Feb-2022. Last one week high and low of the scrip st...
Syngene International rises on inking agreement to acquire equity stake up to 26% in AREREPL
Syngene International rises on inking agreement to acquire equity stake up to 26% in AREREPL
Source: Accord Fintech
13/07/2022 10:28:24 AM
Buy Adani Enterprise Ltd For Target Rs. 2,821 - Ventura Securities A goose that lays golden eggs On 9th Dec 2021, we initiated coverage on the listed business units of Adani Group which included Adani Enterprises Ltd (AEL). Post our coverage, AEL has undertaken several initiatives that warrant detailed coverage. Through Adani New Industries Ltd (ANIL), the group’s recent incubator in the production of renewable energy, green H2 and downstream products (ammonia, urea & methanol), AEL will emerge as the world’s primary leader in the green H2...
Buy Adani Enterprise Ltd For Target Rs. 2,821 - Ventura Securities
Buy Adani Enterprise Ltd For Target Rs. 2,821 - Ventura Securities
Source: Ventura Securities Ltd
11/07/2022 3:18:39 PM
Adani Enterprises rises as its arm setting up greenfield copper refinery project Adani Enterprises is currently trading at Rs. 2190.20, up by 28.70 points or 1.33% from its previous closing of Rs. 2161.50 on the BSE. The scrip opened at Rs. 2190.00 and has touched a high and low of Rs. 2201.35 and Rs. 2168.85 respectively. So far 19179 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2420.00 on 27-Apr-2022 and a 52 week low of Rs. 1333.30 on 19-Jul-2021. Last one week high and low of the scri...
Adani Enterprises rises as its arm setting up greenfield copper refinery project
Adani Enterprises rises as its arm setting up greenfield copper refinery project
Source: Accord Fintech
27/06/2022 10:18:15 AM
Dredging Corporation of India zooms on bagging contract from JNPA Dredging Corporation Of India is currently trading at Rs. 297.00, up by 10.45 points or 3.65% from its previous closing of Rs. 286.55 on the BSE. The scrip opened at Rs. 290.05 and has touched a high and low of Rs. 300.00 and Rs. 290.00 respectively. So far 4710 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 475.00 on 22-Jun-2021 and a 52 week low of Rs. 283.15 on 12-May-2022. Last one week high and low of the...
Dredging Corporation of India zooms on bagging contract from JNPA
Dredging Corporation of India zooms on bagging contract from JNPA
Source: Accord Fintech
16/06/2022 11:36:45 AM
Adani Enterprises spurts on inking pact with TotalEnergies of France Adani Enterprises is currently trading at Rs. 2150.90, up by 69.45 points or 3.34% from its previous closing of Rs. 2081.45 on the BSE. The scrip opened at Rs. 2100.00 and has touched a high and low of Rs. 2152.45 and Rs. 2053.00 respectively. So far 93991 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2420.00 on 27-Apr-2022 and a 52 week low of Rs. 1201.10 on 14-Jun-2021. Last one week high and low of the scri...
Adani Enterprises spurts on inking pact with TotalEnergies of France
Adani Enterprises spurts on inking pact with TotalEnergies of France
Source: Accord Fintech
14/06/2022 11:19:01 AM
Add-Shop E-Retail gains on launching two new products in agriculture category Add-Shop E-Retail is currently trading at Rs. 90.55, up by 0.45 points or 0.50% from its previous closing of Rs. 90.10 on the BSE. The scrip opened at Rs. 90.80 and has touched a high and low of Rs. 91.75 and Rs. 88.55 respectively. So far 31480 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 175.55 on 21-Jan-2022 and a 52 week low of Rs. 37.06 on 07-Jul-2021. Last one week high and low of the scrip stood at Rs...
Add-Shop E-Retail gains on launching two new products in agriculture category
Add-Shop E-Retail gains on launching two new products in agriculture category
Source: Accord Fintech
9/06/2022 10:59:00 AM
Dredging Corporation of India trades higher on bagging order worth Rs 75 crore Dredging Corporation of India is currently trading at Rs. 308.80, up by 0.55 points or 0.18 % from its previous closing of Rs. 308.25 on the BSE. The scrip opened at Rs. 310.15 and has touched a high and low of Rs. 318.00 and Rs. 308.40 respectively. So far 4777 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 475.00 on 22-Jun-2021 and a 52 week low of Rs. 283.15 on 12-May-2022. Last one week high and low of the...
Dredging Corporation of India trades higher on bagging order worth Rs 75 crore
Dredging Corporation of India trades higher on bagging order worth Rs 75 crore
Source: Accord Fintech
3/06/2022 4:58:30 PM
Antony Waste Handling Cell soars as its arm bags two contracts Antony Waste Handling Cell is currently trading at Rs. 297.10, up by 6.50 points or 2.24% from its previous closing of Rs. 290.60 on the BSE. The scrip opened at Rs. 291.80 and has touched a high and low of Rs. 305.00 and Rs. 281.00 respectively. So far 70757 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 455.15 on 15-Sep-2021 and a 52 week low of Rs. 234.80 on 26-May-2022. Last one week high and low of the scr...
Antony Waste Handling Cell soars as its arm bags two contracts
Antony Waste Handling Cell soars as its arm bags two contracts
Source: Accord Fintech
30/05/2022 12:24:46 PM
3M India shines on reporting 57% rise in Q4 consolidated net profit 3M India is currently trading at Rs. 19381.90, up by 1777.40 points or 10.10% from its previous closing of Rs. 17604.50 on the BSE. The scrip opened at Rs. 18900.00 and has touched a high and low of Rs. 20914.00 and Rs. 18900.00 respectively. So far 1419 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 27800.00 on 08-Nov-2021 and a 52 week low of Rs. 17300.00 on 27-May-2022. Last one week high and low of the scr...
3M India shines on reporting 57% rise in Q4 consolidated net profit
3M India shines on reporting 57% rise in Q4 consolidated net profit
Source: Accord Fintech
30/05/2022 12:05:06 PM
Nirlon Q4 net profit up 28.92% at Rs 37.04 cr The company reported standalone net profit of Rs 37.04 crore for the quarter ended March 31, 2022 as compared to Rs 28.73 crore in the same period last year, registering a year-on-year growth of 28.92 per cent. Net revenue of the company rose substantially by 77.84 per cent at Rs 136.99 crore in January-March quarter of this fiscal as against Rs 77.03 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 8.66 per cent to Rs 24.21 crore from...
Nirlon Q4 net profit up 28.92% at Rs 37.04 cr
Nirlon Q4 net profit up 28.92% at Rs 37.04 cr
Source: Dion Global Solutions Ltd
27/05/2022 3:37:19 PM
Adani Ports and Special Economic Zone posts Q4 net loss of Rs 602.49 cr The company reported standalone net loss during the quarter stood at Rs 602.49 crore compared to net profit of Rs 323.08 crore in the previous year quarter.  Net revenue of the company declined moderately by 11.28 per cent at Rs 1,057.78 crore in January-March quarter of this fiscal as against Rs 1,192.29 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 146.12 per cent to Rs 937.76 crore from Rs 381.01 crore in year ago period....
Adani Ports and Special Economic Zone posts Q4 net loss of Rs 602.49 cr
Adani Ports and Special Economic Zone posts Q4 net loss of Rs 602.49 cr
Source: Dion Global Solutions Ltd
25/05/2022 10:04:16 AM
Adani Enterprises jumps as its arm to acquire 49% stake in QBML Adani Enterprises is currently trading at Rs. 2112.45, up by 57.40 points or 2.79% from its previous closing of Rs. 2055.05 on the BSE. The scrip opened at Rs. 2099.00 and has touched a high and low of Rs. 2150.00 and Rs. 2058.10 respectively. So far 48684 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2420.00 on 27-Apr-2022 and a 52 week low of Rs. 1201.10 on 14-Jun-2021. Last one week high and low of the scri...
Adani Enterprises jumps as its arm to acquire 49% stake in QBML
Adani Enterprises jumps as its arm to acquire 49% stake in QBML
Source: Accord Fintech
16/05/2022 12:18:59 PM
Adani Enterprises' consolidated EBIDTA increased 45% to Rs 4,726 cr in FY22 Adani Enterprises Ltd (AEL), part of the Adani Group, on Tuesday announced its results for the financial year and quarter ended March 31, 2022. The financial highlights FY22 on a year-on-year (YoY) basis: AEL's total income increased by 75 per cent to Rs 70,433 crore on account of significant increase in prices in IRM segment. Its EBIDTA increased by 45 per cent to Rs 4,726 crore post consolidation of Mumbai Airport w.e.f. Q2 FY22 and higher margins in IRM business. Attributab...
Adani Enterprises' consolidated EBIDTA increased 45% to Rs 4,726 cr in FY22
Adani Enterprises' consolidated EBIDTA increased 45% to Rs 4,726 cr in FY22
Source: IANS
4/05/2022 9:00:05 AM
Adani Enterprises moves up on incorporating Wholly Owned Subsidiary Adani Enterprises is currently trading at Rs. 2362.35, up by 27.75 points or 1.19% from its previous closing of Rs. 2334.60 on the BSE. The scrip opened at Rs. 2352.00 and has touched a high and low of Rs. 2381.20 and Rs. 2341.90 respectively. So far 23962 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2420.00 on 27-Apr-2022 and a 52 week low of Rs. 1123.40 on 03-May-2021. Last one week high and low of the scri...
Adani Enterprises moves up on incorporating Wholly Owned Subsidiary
Adani Enterprises moves up on incorporating Wholly Owned Subsidiary
Source: Accord Fintech
28/04/2022 10:30:06 AM
Adani sets up AMG Media Networks for media-related activities Adani Enterprises announced on Wednesday that it has incorporated a wholly-owned subsidiary, namely, AMG Media Networks Ltd. The subsidiary was incorporated on April 26, with an initial authorised and paid-up share capital of Rs 1 lakh each to carry on the business of media related activities, including, inter alia, the publishing, advertising, broadcasting, distributing etc. of content over different types of media networks. AMG Media Networks Ltd will commence its business operations ...
Adani sets up AMG Media Networks for media-related activities
Adani sets up AMG Media Networks for media-related activities
Source: IANS
28/04/2022 9:54:36 AM
Adani Enterprises trades marginally higher on BSE Adani Enterprises is currently trading at Rs. 2281.00, up by 6.90 points or 0.30% from its previous closing of Rs. 2274.10 on the BSE. The scrip opened at Rs. 2260.00 and has touched a high and low of Rs. 2284.20 and Rs. 2241.55 respectively. So far 108444 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2305.65 on 22-Apr-2022 and a 52 week low of Rs. 1123.40 on 03-May-2021. Last one week high and low of the scri...
Adani Enterprises trades marginally higher on BSE
Adani Enterprises trades marginally higher on BSE
Source: Accord Fintech
25/04/2022 10:29:10 AM
Adani Enterprises inches up on incorporating wholly owned subsidiary Adani Enterprises is currently trading at Rs. 2294.60, up by 8.05 points or 0.35% from its previous closing of Rs. 2286.55 on the BSE. The scrip opened at Rs. 2300.00 and has touched a high and low of Rs. 2303.45 and Rs. 2274.00 respectively. So far 24437 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2,303.45 on 22-Apr-2022 and a 52 week low of Rs. 1123.40 on 03-May-2021. Last one week high and low of the scri...
Adani Enterprises inches up on incorporating wholly owned subsidiary
Adani Enterprises inches up on incorporating wholly owned subsidiary
Source: Accord Fintech
22/04/2022 10:07:07 AM
Adani Enterprises shares up nearly 5%, Co commits Rs 10k cr investment in Bengal Shares of Adani Group company Adani Enterprises rose nearly 5 per cent, a day after the group chairman and founder, Gautam Adani, proposed to invest Rs 10,000 crore in West Bengal in next few years. On Wednesday, he made this announcement while addressing the inaugural session of the Bengal Global Business Summit (BGBS)-2022, the annual event organised by the West Bengal government to showcase the state as an ideal investment destination. "This investment will be mainly in sectors ...
Adani Enterprises shares up nearly 5%, Co commits Rs 10k cr investment in Bengal
Adani Enterprises shares up nearly 5%, Co commits Rs 10k cr investment in Bengal
Source: IANS
21/04/2022 4:25:21 PM
Adani Enterprises rises on incorporating wholly owned subsidiary Adani Enterprises is currently trading at Rs. 2207.95, up by 9.15 points or 0.42% from its previous closing of Rs. 2198.80 on the BSE. The scrip opened at Rs. 2185.90 and has touched a high and low of Rs. 2209.00 and Rs. 2157.00 respectively. So far 27364 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2294.00 on 11-Apr-2022 and a 52 week low of Rs. 1060.40 on 19-Apr-2021. Last one week high and low of the scrip...
Adani Enterprises rises on incorporating wholly owned subsidiary
Adani Enterprises rises on incorporating wholly owned subsidiary
Source: Accord Fintech
18/04/2022 3:04:42 PM
Buy Adani Ports & SEZ For Target Rs. 810 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Buy Adani Ports & SEZ For Target Rs. 810 - Religare Broking
Buy Adani Ports & SEZ For Target Rs. 810 - Religare Broking
Source: Religare Broking Ltd
31/03/2022 11:07:32 AM
Buy Info Edge Ltd For Target Rs. 5,180 - JM Financial Services Core businesses to gain from improving tailwinds: Upgrade to BUY We upgrade Info Edge (INFOE) to BUY with a revised TP of INR 5,180 as we believe the key operating businesses Recruitment and 99acres will benefit from a favourable macro set-up. This is also confirmed by the strong billings trend in the recruitment business in 9MFY22 (+75% YoY) and continued hiring activity in IT (we reckon this is spreading to other industries, as also reflected in the recent Jobspeak index) that are likely...
Buy Info Edge Ltd For Target Rs. 5,180 - JM Financial Services
Buy Info Edge Ltd For Target Rs. 5,180 - JM Financial Services
Source: JM Financial Services Ltd
29/03/2022 1:21:12 PM
Buy 3M India Ltd For Target Rs.29,000 - ICICI Securities Strong recovery in Healthcare; Safety & Industrials continue to underperform While Q3FY22 results were below our expectations, we note 3M India has reported revenue and PAT growth of 35.6% and 37.8% YoY, respectively, in 9MFY22. Q3FY22 was impacted by muted growth in Safety and Industrial segment (1% YoY) and steep inflation in input prices as well freight cost. However, we remain enthused by 45.7% revenue growth in Healthcare segment. Increase in manufacturing activities in India post...
Buy 3M India Ltd For Target Rs.29,000 - ICICI Securities
Buy 3M India Ltd For Target Rs.29,000 - ICICI Securities
Source: ICICI Securities Ltd
17/03/2022 1:09:55 PM
Buy Info Edge Ltd For Target Rs. 5800 - ICICI Direct Strong hiring, rebound in real estate augurs well… About the stock: Info Edge provides internet based service delivery like recruitment services (Naukri), real estate (99 acres), Jeevansaathi and Shiksha. * Quasi play on Indian start up like Zomato, PolicyBazaar, Shoekonect, Ustra, Gramophone and job market, matrimony services & real estate market * Prudent capital allocation and recruitment business EBITDA margin >50%   Q3FY22 Results: Info Edge reported rob...
Buy Info Edge Ltd For Target Rs. 5800 - ICICI Direct
Buy Info Edge Ltd For Target Rs. 5800 - ICICI Direct
Source: ICICI Direct
2/02/2022 9:57:50 AM
Sell Syngene International Ltd For Target Rs.515 - Yes Securities An inline Q; lack of near term surprise keeps us away Our view Improvement in guidance from mid‐teens to high teens in FY22 is an acknowledgement of the 21% growth so far in 9m FY22. However, if we remove Remdesivir’ contribution in Q1, growth for FY22 does appear underwhelming in the 14% ball park. Margins have been trended lower in 9m so far (Q1 impact due to lower gross margin in Remdesivir) but expect these to rebound in Q4 and FY23 onwards. Expect revenue growth in the rage o...
Sell Syngene International Ltd For Target Rs.515 - Yes Securities
Sell Syngene International Ltd For Target Rs.515 - Yes Securities
Source: Yes Securities Ltd
24/01/2022 9:48:32 AM
Stock Picks - Reliance Industries Ltd and Adani Ports and Special Economic Zone Ltd By ICICI Direct Reliance Industries Buy Reliance Industries Ltd @ 2461.00-2465.00 CMP 2460.10 TGT 2498.00 SL 2443.30   Adani Ports and Special Economic Zone Buy Adani Ports and Special Economic Zone Ltd @ 768.00-770.00 CMP 768.65 TGT 784.00 SL 761.30   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html   Views...
Stock Picks - Reliance Industries Ltd and Adani Ports and Special Economic Zone Ltd By ICICI Direct
Stock Picks - Reliance Industries Ltd and Adani Ports and Special Economic Zone Ltd By ICICI Direct
Source: ICICI Direct
12/01/2022 11:23:59 AM