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Buy Apollo Hospitals Ltd For Target Rs.5,700 - Motilal Oswal Financial Services Ltd

* Apollo Hospitals (APHS) delivered operationally in-line 1QFY24. However, earnings were below our estimate due to higher interest/tax rate for the quarter. There has been a healthy (11% YoY) growth in ARPOB. APHS has also reduced opex in Apollo 24/7. * We cut our earnings estimates by 5% each for FY24/FY25 to factor in: a) gradual improvement in occupancy of certain network hospitals, and b) lower profitability in Apollo Health and Lifestyle (AHLL) segment. We value APHS on an SoTP basis ...

Buy Apollo Hospitals Ltd For Target Rs.5,700 - Motilal Oswal Financial Services Ltd

Source: Motilal Oswal Financial Services Ltd
24/08/2023 12:52:15 PM

Buy Bajaj Finance Ltd For Target Rs. 8,252 - Geojit Financial Services Ltd

Record quarter; promising outlook Bajaj Finance Ltd (BFL) is a leading non-banking financial companies (NBFC) in India. It is engaged in lending across retail, SME and commercial customers and accepts public and corporate deposits. * In Q1FY24, net interest income (NII) rose 26.5% YoY to Rs. 8,395cr. PAT increased 32.4% YoY to Rs. 3,437cr, aided by better operating leverage. * The company reported its highest ever quarterly AUM growth of Rs. 22,718cr. * Asset quality was strong, w...

Buy Bajaj Finance Ltd For Target Rs. 8,252 - Geojit Financial Services Ltd

Source: Geojit Financial Services Ltd
12/08/2023 2:41:06 PM

Budget Strategy : Nifty index has given a breakdown from its long consolidation of last 20 trading sessions with surge in volatility index - Motilal Oswal

Nifty Nifty index has given a breakdown from its long consolidation of last 20 trading sessions with surge in volatility index. It is facing sustained supply near to its key moving averages and it started to form lower top - lower bottom in multiple time scale. It has broken previous month's low along with formation of Bearish Engulfing pattern which has negative implication. Looking at the overall chart structure, bounce could be sold as recent trend got deteriorated after breaking ke...

Budget Strategy : Nifty index has given a breakdown from its long consolidation of last 20 trading sessions with surge in volatility index - Motilal Oswal

Source: Motilal Oswal Financial Services Ltd
30/01/2023 12:55:33 PM

Buy Arvind Fashions Ltd For Target Rs. 567 - Anand Rathi Shares and Stock Brokers

Focusing on execution; maintaining a Buy On completing its business reset in FY20-FY21, Arvind Fashions saw an upswing in the last four quarters; we expect the pace to accelerate. While growing 12-15% in the next 3-4 years it expects a double-digit EBITDA margin (pre-Ind AS) in 18 months. Revenue growth would be driven equally by like-to-like growth and store expansion, margin expansion by efficiencies as brands gain scale and on the Arrow turnaround. Management says it will focus on scali...

Buy Arvind Fashions Ltd For Target Rs. 567 - Anand Rathi Shares and Stock Brokers

Source: Anand Rathi Shares and Stock Brokers Ltd.
23/12/2022 2:24:43 PM

Angel One simplifies the budget for GenZ and Millennials

Mumbai, 03rd February 2022: There’s a lot of buzz in the media around the Union Budget but the technicalities of the budget are beyond the comprehension of the common people. Keeping the same in mind, Fintech company Angel One has launched the #BudgetKaMatlab campaign to simplify the Union Budget 2022-23 for investors, who are mostly GenZ and Millennials. It largely focuses on identifying new opportunities for investors by decoding the key aspects of the Budget. Divided into three ph...

Angel One simplifies the budget for GenZ and Millennials

Source: Angel One Ltd
3/02/2022 3:52:35 PM

The focus on start-ups and fintech in this year's Budget is a fantastic step - Kavitha Subramanian, Upstox

Kavitha Subramanian, Co-Founder, Upstox The Hon'ble Finance Minister has presented a digital-first Budget that focuses on quick, holistic, and inclusive economic growth. The focus on start-ups and fintech in this year's Budget is a fantastic step that will help these sectors grow further. The introduction of 5G and the spread of optical fiber to villages would provide a boost to the Fintech industry. It encourages digital investment platforms like ours to expand their service...

The focus on start-ups and fintech in this year's Budget is a fantastic step - Kavitha Subramanian, Upstox

Source: PR Agency
2/02/2022 3:16:00 PM

The commentary around RBI raising rates in its coming meeting would be that much more relevant - Motilal Oswal Financial Services

By Mr. Motilal Oswal, MD & CEO, Motilal Oswal Financial Services. The writing was there on the wall. Any sudden and sharp fiscal consolidation steps announced could have throttled the nascent and uneven recovery of the Indian Economy. A 6.9pct fiscal deficit target alleviates that pain. The successive waves of the pandemic have made it more difficult to reduce government debt as a share of GDP in the medium term. The budget has focused on boosting overall demand though and has invested...

The commentary around RBI raising rates in its coming meeting would be that much more relevant - Motilal Oswal Financial Services

Source: Motilal Oswal Financial Services Ltd
2/02/2022 2:22:01 PM

Budget with a vision to transform India in the medium term - Vijay Chandok, ICICI Securities

Mr. Vijay Chandok, MD & CEO, ICICI Securities The Union Budget 2022-23 is a Buget with a vision to transform India in the medium term. The budget has adopted new economic growth template for “Amrit Kaal” (run up to India@100) by promoting capital expenditure led economic growth. Outlay of Capital expenditure of Rs 7.5 lakh crore, up ~35% YoY (and at 2.9% of GDP) along with expanding the scope of private capex through PLI for new age segments is expected to deliver inclusive...

Budget with a vision to transform India in the medium term - Vijay Chandok, ICICI Securities

Source: PR Agency
2/02/2022 1:59:39 PM

Clear growth orientation while ushering in digital economy - Ventura Securities

Clear growth orientation while ushering in digital economy The architecture of the Union Budget 2022-23 is on continuum of previous policies of the Modi Government, as laid out in the budgets of yesteryears. The Finance Minister, N Sitharaman’s speech was silent on the aspect of sin tax on tobacco products and personal taxation, while taxing crypto & NFT assets at 30% and clearly distinguishing this asset class from being a currency. She also used the forum to propose India&rsquo...

Clear growth orientation while ushering in digital economy - Ventura Securities

Source: Ventura Securities Ltd
2/02/2022 10:16:19 AM

Union budget opts for conservatism, hoping for strong private sector revival - Mr. Dhananjay Sinha, JM Financial Institutional Securities

By Mr. Dhananjay Sinha, MD & Chief – Strategist, JM Financial Institutional Securities Limited The aggregate fiscal construction for the FY23 union budget reflects higher than expected conservatism with a very modest expenditure expansion of 4.6% at INR 39.45tn. The emphasis continues to be on attempts to crown in private capital expenditure by continued acceleration of government capital outlay. Capital outlay for FY23 is budgeted at INR7.5tn, which is a growth of 24.6% over the...

Union budget opts for conservatism, hoping for strong private sector revival - Mr. Dhananjay Sinha, JM Financial Institutional Securities

Source: PR Agency
1/02/2022 6:13:13 PM

The Union Budget 2022 has delivered along expected lines - Mr. Amar Ambani – Yes Securities

By Mr. Amar Ambani, Senior President & Head – Institutional Equities, YES SECURITIES In terms of economic support, especially on infrastructure and taxation fronts, the Union Budget 2022 has delivered along expected lines. The only material deviation happened on the fiscal deficit front, a 6.9% projected deficit for FY23, 100 basis points higher than what we anticipated. Precisely why bond yields reacted strongly, rising by over 17 basis to touch 6.85 per cent. We do sense some s...

The Union Budget 2022 has delivered along expected lines - Mr. Amar Ambani – Yes Securities

Source: Yes Securities Ltd
1/02/2022 4:28:17 PM

Budget 2022: Balancing growth and fiscal prudence - Religare Broking Ltd

Budget 2022: Balancing growth and fiscal prudence We’ve again reached the time when expectations run high from the government to fulfill the aspirations of all sections of society. Yes, you’ve guessed it right! We are referring to the Union Budget, scheduled on February 1. The last two years have been challenging for all of us and the economy as well and the government has time and again announced several measures in the Union Budget and outside as well to revive the economic g...

News

Buy Apollo Hospitals Ltd For Target Rs.5,700 - Motilal Oswal Financial Services Ltd

Buy Bajaj Finance Ltd For Target Rs. 8,252 - Geojit Financial Services Ltd

Budget Strategy : Nifty index has given a breakdown from its long consolidation of last 20 trading sessions with surge in volatility index - Motilal Oswal

Buy Arvind Fashions Ltd For Target Rs. 567 - Anand Rathi Shares and Stock Brokers

Angel One simplifies the budget for GenZ and Millennials

The focus on start-ups and fintech in this year's Budget is a fantastic step - Kavitha Subramanian, Upstox

The commentary around RBI raising rates in its coming meeting would be that much more relevant - Motilal Oswal Financial Services

Budget with a vision to transform India in the medium term - Vijay Chandok, ICICI Securities

Clear growth orientation while ushering in digital economy - Ventura Securities

Union budget opts for conservatism, hoping for strong private sector revival - Mr. Dhananjay Sinha, JM Financial Institutional Securities

The Union Budget 2022 has delivered along expected lines - Mr. Amar Ambani – Yes Securities

Budget 2022: Balancing growth and fiscal prudence - Religare Broking Ltd

India Budget Preview : Measured consolidation - Emkay Global

Budget Picks on consumer sector​​​​​​​ By Mr. Amarjeet Maurya, Angel One Ltd

Budget 2022 preview: Consolidation to continue - Motilal Oswal

Pre-Budget Expectations 2022 By Mr. Sunil Nyati Swastika Investmart Ltd.

Quote on Pre-Budget By Mr. Jyoti Roy, Angel One Ltd

Budget Picks on consumer sector By Mr. Amarjeet Maurya, Angel One Ltd