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Buy Polycab India Ltd. For Target Rs.8,340 By Motilal Oswal Financial Services Ltd Robust demand and strong strategies driving growth Set to achieve Project Leap goals a year ahead; awaiting the next fiveyear guidance We met with the management of Polycab India (POLYCAB) to get an update on the demand for Cables and Wires (C&W), key demand drivers, RM price trends, and competitive intensity in the industry. competitive intensity in the industry. * The management reiterated strong demand momentum in the domestic C&W segment, complemented by growth in...
Buy Polycab India Ltd. For Target Rs.8,340 By Motilal Oswal Financial Services Ltd
Buy Polycab India Ltd. For Target Rs.8,340 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-11-28 12:51:04 pm
Buy Triveni Turbine Ltd For Target Rs.835 By Geojit Financial Services Ltd Export business will energise growth... Triveni Turbine Ltd (TTL) is the domestic market leader in steam turbines up to 30 MW. The company designs and manufactures steam turbines up to 100 MW, and delivers robust, reliable, and efficient end-to-end solutions. * TTL reported a strong revenue growth of 29% YoY in Q2FY25, led by superior execution in the Product segment (26% YoY) and aftermarket business (38% YoY). * EBITDA margin improved by 306bps YoY to 22.2%, due to better...
Buy Triveni Turbine Ltd For Target Rs.835 By Geojit Financial Services Ltd
Buy Triveni Turbine Ltd For Target Rs.835 By Geojit Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-26 02:05:36 pm
Crompton Greaves Consumer Electricals gains on launching `LED Star Premion` Crompton Greaves Consumer Electricals is currently trading at Rs. 407.90, up by 3.15 points or 0.78% from its previous closing of Rs. 404.75 on the BSE. The scrip opened at Rs. 402.50 and has touched a high and low of Rs. 412.00 and Rs. 402.00 respectively. So far 26039 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 483.65 on 02-Sep-2024 and a 52 week low of Rs. 262.10 on 22-Mar-2024. Last one week high and low...
Crompton Greaves Consumer Electricals gains on launching `LED Star Premion`
Crompton Greaves Consumer Electricals gains on launching `LED Star Premion`
Source: Accord Fintech
2024-10-22 10:27:34 am
India's Orient Electric posts smaller Q1 profit as high costs outweigh sales jump India's Orient Electric reported a 27% fall in first-quarter profit on Thursday, as higher expenses outweighed the rise in sales of fans and coolers as the country battled with scorching heat. Orient Electric, which also sells mixer-grinders and switchgears, said profit decreased to 143.4 million rupees ($1.7 million) in the quarter, from 196.9 million rupees a year earlier. Revenue from operations grew by 7% to 7.55 billion rupees. KEY CONTEXT Rising temperatures and intense ...
India's Orient Electric posts smaller Q1 profit as high costs outweigh sales jump
India's Orient Electric posts smaller Q1 profit as high costs outweigh sales jump
Source: Reuters
2024-08-01 03:48:34 pm
Government`s focus on boosting electronics component manufacturing in country: Meity Secretary S Krishnan, Secretary, Ministry of Electronics and IT (Meity) has said that the government's focus is now on boosting electronics component manufacturing in the country and new scheme for the same is in works. He noted that 99 per cent local mobile phone market is being met through domestic manufacturing, and for next phase of growth companies need to export by improving competitiveness and enhancing value addition. He said ‘If our competitiveness needs to keep getting better then t...
Government`s focus on boosting electronics component manufacturing in country: Meity Secretary
Government`s focus on boosting electronics component manufacturing in country: Meity Secretary
Source: Accord Fintech
2023-12-12 12:38:04 pm
Small Cap : Accumulate Finolex Cables Ltd For Target Rs.1,108 - Geojit Financial Margins improves...optimistic growth outlook Finolex Cables Ltd. (FCL) is India's largest manufacturer of electrical (80% of revenue) and telecommunication cables (16%). FCL has a wide distribution network with a high brand recall. * H1FY24 revenue grew by 13.5% YoY, while PAT grew by 28% YoY, largely led by healthy volume and higher other income. * EBITDA grew by 40% YoY, led by better scale and 230bps YoY expansion in margins on account of a fall in input costs. * Healthy co...
Small Cap : Accumulate Finolex Cables Ltd For Target Rs.1,108 - Geojit Financial
Small Cap : Accumulate Finolex Cables Ltd For Target Rs.1,108 - Geojit Financial
Source: Geojit Financial Services
2023-12-02 12:19:33 pm
Small Cap : Reduce Astra Microwave Products Ltd For Target Rs.500 - Geojit Financial Order execution to pick-up in second half… Astra Microwave Products Ltd. (AMPL) is a leading designer and manufacturer of a wide array of radio frequency systems, microwave chips, and microwave-based components and subsystems for defence, telecom, and space. • In Q2FY24, revenue grew by 11%, led by robust order execution. But EBITDA saw a modest increase of 3% YoY, due to higher employee costs and other expenses. • AMPL witnessed a robust order inflow of Rs.405cr in ...
Small Cap : Reduce Astra Microwave Products Ltd For Target Rs.500 - Geojit Financial
Small Cap : Reduce Astra Microwave Products Ltd For Target Rs.500 - Geojit Financial
Source: Geojit Financial Services Ltd
2023-11-22 03:01:11 pm
Buy Hindware Home Innovation Ltd Ltd For Target Rs. 803 - Yes Securities We hosted Hindware Home Innovation Ltd. at our conference wherein we interacted with Mr. Naveen Malik (CFO), following are the Key highlights from the same:Pipes & Fittings Segment * Demand for CPVC products is sluggish in Q2FY24 (seasonality impact), however for PVC Pipes demand from both agri & plumbing remains robust. Due to lower revenue share of CPVC products in Q2FY24, management expects margin to remain under pressure. * Management anticipates demand for CPVC products wil...
Buy Hindware Home Innovation Ltd Ltd For Target Rs. 803 - Yes Securities
Buy Hindware Home Innovation Ltd Ltd For Target Rs. 803 - Yes Securities
Source: Yes Securities Ltd
2023-09-21 03:04:57pm
Elpro International rises on acquiring 100% stake in FortuneCapital Holding Elpro International is currently trading at Rs. 77.01, up by 0.59 points or 0.77% from its previous closing of Rs. 76.42 on the BSE.The scrip opened at Rs. 77.00 and has touched a high and low of Rs. 78.20 and Rs. 76.33 respectively. So far 6451 shares were traded on the counter.The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 88.90 on 31-Aug-2023 and a 52 week low of Rs. 53.00 on 27-Mar-2023.Last one week high and low of the scrip stood at Rs. 80.00 and Rs. 72.01...
Elpro International rises on acquiring 100% stake in FortuneCapital Holding
Elpro International rises on acquiring 100% stake in FortuneCapital Holding
Source: Accord Fintech
2023-09-18 10:48:35am
Shakti Pumps shines on getting LoA from Department of Agriculture Shakti Pumps (India) is currently trading at Rs. 887.25, up by 99.95 points or 12.70% from its previous closing of Rs. 787.30 on the BSE.The scrip opened at Rs. 819.55 and has touched a high and low of Rs. 902.65 and Rs. 801.90 respectively. So far 96273 shares were traded on the counter.The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 927.40 on 31-Aug-2023 and a 52 week low of Rs. 380.15 on 26-Dec-2022.Last one week high and low of the scrip stood at Rs. 902.65 ...
Shakti Pumps shines on getting LoA from Department of Agriculture
Shakti Pumps shines on getting LoA from Department of Agriculture
Source: Accord Fintech
2023-09-15 10:48:18am