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BEML gains on securing order worth Rs 246.78 crore from Central Coalfields BEML is currently trading at Rs. 3715.00, up by 14.90 points or 0.40% from its previous closing of Rs. 3700.10 on the BSE. The scrip opened at Rs. 3746.00 and has touched a high and low of Rs. 3748.05 and Rs. 3634.00 respectively. So far 19292 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5489.15 on 05-Jul-2024 and a 52 week low of Rs. 2242.80 on 21-Nov-2023. Last one week high and low of the scrip stood at R...
BEML gains on securing order worth Rs 246.78 crore from Central Coalfields
BEML gains on securing order worth Rs 246.78 crore from Central Coalfields
Source: Accord Fintech
2024-11-21 02:49:35 pm
Buy ABB India Ltd For Target Rs.8,500 By Motilal Oswal Financial Services Ltd Changing mix of order book hurts 3Q ABB India (ABB)’s 3QCY24 performance was below our expectations due to lower-than-expected order inflows and execution. The quarter was hit by the changing mix of order book towards a higher share of long-gestation, large-sized orders. Margin performance, though, remained strong YoY, with improved pricing and lower RM costs. We expect the near-term execution velocity to be affected by slower-than-expected growth in order inflows and a shift of orde...
Buy ABB India Ltd For Target Rs.8,500 By Motilal Oswal Financial Services Ltd
Buy ABB India Ltd For Target Rs.8,500 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-19 06:27:19 pm
Neutral KEC International Ltd For Target Rs.900 By Motilal Oswal Financial Services Ltd Performance impacted by lower margin and higher interest cost KEC International Ltd (KECI)’s results were a mixed bag with in-line revenue being offset by a PAT miss. Revenue growth could have been higher; however, it was impacted by labor shortage and heavy monsoons in certain states. YTD order inflows jumped 50% YoY to INR134.8b, taking the order book to INR340.9b, up 9% YoY. For 1HFY25, the company reported revenue/EBITDA/PAT growth of 10%/14%/76% while for 2HFY25, we expect the s...
Neutral KEC International Ltd For Target Rs.900 By Motilal Oswal Financial Services Ltd
Neutral KEC International Ltd For Target Rs.900 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-19 03:10:24 pm
Buy Tube Investments of India Ltd For Target Rs.4,750 By Motilal Oswal Financial Services Ltd Performance below estimates; 2HFY25E to be better To launch 3W cargo and e-tractors/e-SCVs in the next 2-3 months * Tube Investments (TIINDIA)’s 2QFY25 result was weak, with standalone PBIT margin at 9.9% (-110bp YoY, vs. est. 10.6%), hit by one-offs in engineering segment and railway pricing challenge. However, management remains optimistic for 2HFY25, expecting strong 2W volumes, improved exports, and diversification beyond automotive that would drive growth. * We c...
Buy Tube Investments of India Ltd For Target Rs.4,750 By Motilal Oswal Financial Services Ltd
Buy Tube Investments of India Ltd For Target Rs.4,750 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-19 03:04:08 pm
Buy ABB India Ltd For Target Rs.8,500 By Motilal Oswal Financial Services Ltd Changing mix of order book hurts 3Q ABB India (ABB)’s 3QCY24 performance was below our expectations due to lower-than-expected order inflows and execution. The quarter was hit by the changing mix of order book towards a higher share of long-gestation, large-sized orders. Margin performance, though, remained strong YoY, with improved pricing and lower RM costs. We expect the near-term execution velocity to be affected by slower-than-expected growth in order inflows and a shift of orde...
Buy ABB India Ltd For Target Rs.8,500 By Motilal Oswal Financial Services Ltd
Buy ABB India Ltd For Target Rs.8,500 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-19 02:27:31 pm
Buy Bharat Forge Ltd For Target Rs. 1,624 by Yes Securities Ltd Valuation and View – Diversified revenue base to cushion weak auto Bharat Forge (BHFC) 2QFY25 results were largely in-line to our/street. Weak tonnage at 64.1k tons (-9% YoY/ -5% QoQ, est 68.1k tons) was offset by better gross margins at 59.2% (+250bp YoY, est 58.7%). The key highlight of the quarters was, ramp-up in defence business with 2QFY25 revenues at ~Rs5.1b (vs Rs6.42b in 1Q and ~Rs15.6b in FY24) with cumulative order book at ~R59b (vs ~Rs54b in 1QFY25) as it added Rs6.4b ord...
Buy Bharat Forge Ltd For Target Rs. 1,624 by Yes Securities Ltd
Buy Bharat Forge Ltd For Target Rs. 1,624 by Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-19 11:50:29 am
Buy KPIT Technologies Ltd For Target Rs. 1,731 By Choice Broking Ltd Asia geography to drive growth KPIT Technologies reported robust Q2FY25 revenues at $173mn, up 4.7% QoQ and 20.1% YoY in constant currency. Growth was led by Asia geography and Passenger cars. In USD terms, reported revenue was up 4.8% QoQ and 19.1% YoY. INR revenue for Q2FY25 stood at INR14,714mn, up 7.8% sequentially and 22.7% YoY. The company closed deals of TCV $207mn during the quarter representing healthy pipeline across practices. PAT for the quarter came in at INR2,037mn (+44.0% Yo...
Buy KPIT Technologies Ltd For Target Rs. 1,731 By Choice Broking Ltd
Buy KPIT Technologies Ltd For Target Rs. 1,731 By Choice Broking Ltd
Source: Choice Broking Ltd
2024-11-10 11:13:13 am
Diwali Technical Pick 2024 : Buy Techno Electric & Engineering Company Ltd For Target Rs. 1350 - Nirmal Bang Ltd Techno Electric & Engineering Cmpany Ltd * The Stock has been trading near 1 year upward trend line support zone i.e 1580 . * The stock is in consolidation phase from last few months. While Stock has managed to sustain above 100 DMA from last 7-8 months. * Stock is trading in uptrend channel and likely to continue while going ahead with good base being formed at 1400-1450 zone. * Therefore, Investor can buy the stock at 1584 and on dips to Rs 1440 for a target of Rs 2200 with ...
Diwali Technical Pick 2024 : Buy Techno Electric & Engineering Company Ltd For Target Rs. 1350 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy Techno Electric & Engineering Company Ltd For Target Rs. 1350 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 02:03:35 pm
Bondada Engineering surges on securing orders worth Rs 1132.25 crore Bondada Engineering is currently trading at Rs. 619.95, up by 16.05 points or 2.66% from its previous closing of Rs. 603.90 on the BSE. The scrip opened at Rs. 610.00 and has touched a high and low of Rs. 634.05 and Rs. 598.80 respectively. So far 672000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 2 has touched a 52 week high of Rs. 753.98 on 28-Aug-2024 and a 52 week low of Rs. 40.60 on 12-Oct-2023. Last one week high and low of the scrip sto...
Bondada Engineering surges on securing orders worth Rs 1132.25 crore
Bondada Engineering surges on securing orders worth Rs 1132.25 crore
Source: Accord Fintech
2024-10-11 11:48:06 am
Engineering goods` share in India`s merchandise exports rise to 27.2 pc  The share of engineering goods in India's total merchandise exports increased to 27.20 per cent in August, from 26.60 per cent in July, a report showed on Thursday.   The cumulative share stood at 25.97 per cent during the April-August period. According to the Engineering Export Promotion Council (EEPC), the growth was due to a decent rise in shipments of product groups such as 'aircraft and spacecraft parts', 'ships, boats and floating structures', 'a...
Engineering goods` share in India`s merchandise exports rise to 27.2 pc
Engineering goods` share in India`s merchandise exports rise to 27.2 pc
Source: IANS
2024-09-27 09:06:10 am
L&T Technology Services trades higher on the BSE L&T Technology Services is currently trading at Rs. 5460.00, up by 27.35 points or 0.50% from its previous closing of Rs. 5432.65 on the BSE. The scrip opened at Rs. 5473.95 and has touched a high and low of Rs. 5479.00 and Rs. 5413.00 respectively. So far 1655 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5990.00 on 29-Aug-2024 and a 52 week low of Rs. 4107.20 on 26-Oct-2023. Last one week high and low of...
L&T Technology Services trades higher on the BSE
L&T Technology Services trades higher on the BSE
Source: Accord Fintech
2024-09-26 04:42:48 pm
Larsen & Toubro surges on acquiring 12.25% stake in IFQM Larsen & Toubro is currently trading at Rs. 3738.50, up by 56.00 points or 1.52% from its previous closing of Rs. 3682.50 on the BSE. The scrip opened at Rs. 3700.00 and has touched a high and low of Rs. 3740.65 and Rs. 3680.00 respectively. So far 29014 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3948.60 on 03-Jun-2024 and a 52 week low of Rs. 2846.20 on 21-Sep-2023. Last one week high and low of the sc...
Larsen & Toubro surges on acquiring 12.25% stake in IFQM
Larsen & Toubro surges on acquiring 12.25% stake in IFQM
Source: Accord Fintech
2024-09-20 10:37:48 am
Sansera Engineering gains on signing MoU with Dynamatic Technologies Sansera Engineering is currently trading at Rs. 1399.00, up by 19.10 points or 1.38% from its previous closing of Rs. 1379.90 on the BSE. The scrip opened at Rs. 1404.00 and has touched a high and low of Rs. 1410.00 and Rs. 1374.55 respectively. So far 2183 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1550.00 on 26-Aug-2024 and a 52 week low of Rs. 820.60 on 17-Nov-2023. Last one week high and low of the scri...
Sansera Engineering gains on signing MoU with Dynamatic Technologies
Sansera Engineering gains on signing MoU with Dynamatic Technologies
Source: Accord Fintech
2024-09-09 10:16:09 am
LTTS gains on expanding collaboration with Thales to provide innovative business models to customers L&T Technology Services is currently trading at Rs. 5480.40, up by 58.85 points or 1.09% from its previous closing of Rs. 5421.55 on the BSE. The scrip opened at Rs. 5469.75 and has touched a high and low of Rs. 5511.00 and Rs. 5448.15 respectively. So far 1432 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5884.95 on 08-Apr-2024 and a 52 week low of Rs. 4107.20 on 26-Oct-2023. Last one week high and low of...
LTTS gains on expanding collaboration with Thales to provide innovative business models to customers
LTTS gains on expanding collaboration with Thales to provide innovative business models to customers
Source: Accord Fintech
2024-08-22 12:56:10 pm
E-commerce, engineering, infrastructure among top industries hiring freshers in India E-commerce and technology startups, engineering and infrastructure and retail are top three industries in the country showing intent to hire freshers in the second half this year, a report has said.  The 7 per cent rise compared to the July-December 2023 period in fresher hiring intent, coupled with growing demand across diverse sectors, signals a robust job market recovery. Bengaluru leads with 74 per cent of employers aiming to hire freshers, followed by Mumbai at 60 per cent and...
E-commerce, engineering, infrastructure among top industries hiring freshers in India
E-commerce, engineering, infrastructure among top industries hiring freshers in India
Source: IANS
2024-08-22 11:44:41 am
Axiscades Technologies jumps after its arm wins long-term contract from Highview Power Axiscades Technologies is currently trading at Rs. 557.05, up by 13.80 points or 2.54% from its previous closing of Rs. 543.25 on the BSE. The scrip opened at Rs. 537.25 and has touched a high and low of Rs. 576.00 and Rs. 536.05 respectively. So far 28476 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 848.00 on 11-Jan-2024 and a 52 week low of Rs. 433.35 on 05-Jun-2024. Last one week high and low of the scrip ...
Axiscades Technologies jumps after its arm wins long-term contract from Highview Power
Axiscades Technologies jumps after its arm wins long-term contract from Highview Power
Source: Accord Fintech
2024-08-20 02:17:23 pm
Engineering firm ABB India beats Q2 profit view on electrification demand Engineering services firm ABB India reported a better-than-expected second-quarter profit on Thursday, driven by higher demand for its electrification products. Profit at the Indian arm of Switzerland's ABB rose 50% year-over-year to 4.43 billion rupees ($52.78 million) in the three months ended June 30. Analysts, on average, expected 4.07 billion rupees in profit, according to LSEG data. Capital goods companies benefitted from healthy industrial demand and strong execution of backl...
Engineering firm ABB India beats Q2 profit view on electrification demand
Engineering firm ABB India beats Q2 profit view on electrification demand
Source: Reuters
2024-08-08 05:55:08 pm
Gensol Engineering touches the roof on emerging as winning bidder for solar projects in Gujarat Gensol Engineering is currently trading at its upper limit of Rs. 983.90, up by 46.85 points or 5.00% from its previous closing of Rs. 937.05 on the BSE. The scrip opened at Rs. 983.90 and has touched a high and low of Rs. 983.90 and Rs. 950.50 respectively. So far 47777 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1377.10 on 20-Feb-2024 and a 52 week low of Rs. 459.87 on 24-Jul-2023. Last one week high and ...
Gensol Engineering touches the roof on emerging as winning bidder for solar projects in Gujarat
Gensol Engineering touches the roof on emerging as winning bidder for solar projects in Gujarat
Source: Accord Fintech
2024-07-23 03:28:24 pm
L&T Technology Services gains on reporting rise in Q1 consolidated net profit L&T Technology Services is currently trading at Rs. 4887.55, up by 42.35 points or 0.87% from its previous closing of Rs. 4845.20 on the BSE. The scrip opened at Rs. 4786.00 and has touched a high and low of Rs. 4974.90 and Rs. 4747.40 respectively. So far 17512 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5884.95 on 08-Apr-2024 and a 52 week low of Rs. 3910.00 on 27-Jul-2023. Last one week high and low o...
L&T Technology Services gains on reporting rise in Q1 consolidated net profit
L&T Technology Services gains on reporting rise in Q1 consolidated net profit
Source: Accord Fintech
2024-07-19 03:44:46 pm
Bharat Bijlee hits lower circuit on reporting 6% fall in Q1 net profit Bharat Bijlee is currently trading at lower limit of Rs. 4284.10, down by 476.00 points or 10.00% from its previous closing of Rs. 4760.10 on the BSE. The scrip opened at Rs. 4406.55 and has touched a high and low of Rs. 4470.65 and Rs. 4284.10 respectively. So far 32688 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 5700.80 on 11-Jul-2024 and a 52 week low of Rs. 1715.00 on 26-Oct-2023. Last one week high and ...
Bharat Bijlee hits lower circuit on reporting 6% fall in Q1 net profit
Bharat Bijlee hits lower circuit on reporting 6% fall in Q1 net profit
Source: Accord Fintech
2024-07-19 11:32:00 am
Vascon Engineers declines amid getting nod to divest 100% stake in GMP Technical Solutions Vascon Engineers is currently trading at Rs. 77.31, down by 4.10 points or 5.04% from its previous closing of Rs. 81.41 on the BSE. The scrip opened at Rs. 81.00 and has touched a high and low of Rs. 81.00 and Rs. 76.48 respectively. So far 722528 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.10 on 06-Feb-2024 and a 52 week low of Rs. 42.03 on 21-Jul-2023. Last one week high and low of the scrip stood at R...
Vascon Engineers declines amid getting nod to divest 100% stake in GMP Technical Solutions
Vascon Engineers declines amid getting nod to divest 100% stake in GMP Technical Solutions
Source: Accord Fintech
2024-07-18 01:59:39 pm
L&T inches up as its arm partners with Aditya Infotech to develop semiconductor chips for CCTV camera solutions Larsen & Toubro is currently trading at Rs. 3649.20, up by 1.20 points or 0.03% from its previous closing of Rs. 3648.00 on the BSE. The scrip opened at Rs. 3661.35 and has touched a high and low of Rs. 3672.00 and Rs. 3637.20 respectively. So far 24666 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3948.60 on 03-Jun-2024 and a 52 week low of Rs. 2448.00 on 14-Jul-2023. Last one week high and low of the scr...
L&T inches up as its arm partners with Aditya Infotech to develop semiconductor chips for CCTV camera solutions
L&T inches up as its arm partners with Aditya Infotech to develop semiconductor chips for CCTV camera solutions
Source: Accord Fintech
2024-07-15 12:16:03 pm
Cyient soars on setting-up subsidiary for Semiconductor business Cyient is currently trading at Rs. 1845.25, up by 69.55 points or 3.92% from its previous closing of Rs. 1775.70 on the BSE. The scrip opened at Rs. 1780.20 and has touched a high and low of Rs. 1900.00 and Rs. 1780.20 respectively. So far 84339 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2457.00 on 22-Dec-2023 and a 52 week low of Rs. 1,415.00 on 13-Jul-2023. Last one week high and low of the scrip stood at...
Cyient soars on setting-up subsidiary for Semiconductor business
Cyient soars on setting-up subsidiary for Semiconductor business
Source: Accord Fintech
2024-07-12 02:19:00 pm
L&T gains as its arm incorporates wholly owned subsidiary in Uzbekistan Larsen & Toubro is currently trading at Rs. 3675.00, up by 25.90 points or 0.71% from its previous closing of Rs. 3649.10 on the BSE. The scrip opened at Rs. 3660.50 and has touched a high and low of Rs. 3677.60 and Rs. 3650.00 respectively. So far 9568 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3948.60 on 03-Jun-2024 and a 52 week low of Rs. 2446.15 on 13-Jul-2023. Last one week high and low of the scr...
L&T gains as its arm incorporates wholly owned subsidiary in Uzbekistan
L&T gains as its arm incorporates wholly owned subsidiary in Uzbekistan
Source: Accord Fintech
2024-07-11 11:54:30 am
Larsen & Toubro inches up after its renewable arm finalises mega orders for solar plants in Middle East Larsen & Toubro is currently trading at Rs. 3631.00, up by 2.55 points or 0.07% from its previous closing of Rs. 3628.45 on the BSE. The scrip opened at Rs. 3640.00 and has touched a high and low of Rs. 3645.05 and Rs. 3594.90 respectively. So far 110251 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3948.60 on 03-Jun-2024 and a 52 week low of Rs. 2419.95 on 10-Jul-2023. Last one week high and low of the sc...
Larsen & Toubro inches up after its renewable arm finalises mega orders for solar plants in Middle East
Larsen & Toubro inches up after its renewable arm finalises mega orders for solar plants in Middle East
Source: Accord Fintech
2024-07-08 03:41:15 pm
Conart Engineers touches roof on bagging work order worth Rs 3.10 crore Conart Engineers is currently trading at upper limit of Rs. 149.30, up by 7.10 points or 4.99% from its previous closing of Rs. 142.20 on the BSE. The scrip opened at Rs. 146.00 and has touched a high and low of Rs. 149.30 and Rs. 146.00 respectively. So far 19193 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 157.00 on 04-Jun-2024 and a 52 week low of Rs. 34.00 on 11-Jul-2023. Last one week high and low of th...
Conart Engineers touches roof on bagging work order worth Rs 3.10 crore
Conart Engineers touches roof on bagging work order worth Rs 3.10 crore
Source: Accord Fintech
2024-06-18 02:28:11 pm
Bondada Engineering touches roof on receiving LoA from NLC India Bondada Engineering is locked at its upper circuit limit of Rs. 2320.80, up by 110.50 points or 5.00% from its previous closing of Rs. 2210.30 on the BSE. The scrip opened at Rs. 2320.80 and has touched a high and low of Rs. 2320.80 and Rs. 2320.80 respectively. So far 7200 shares were traded on the counter. The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,320.80 on 06-Jun-2024 and a 52 week low of Rs. 142.50 on 30-Aug-2023. Last one week high...
Bondada Engineering touches roof on receiving LoA from NLC India
Bondada Engineering touches roof on receiving LoA from NLC India
Source: Accord Fintech
2024-06-13 11:01:13 am
Gensol Engineering shines on emerging as successful bidder for GUVNL`s BESS project Gensol Engineering is currently trading at Rs. 1067.65, up by 50.80 points or 5.00% from its previous closing of Rs. 1016.85 on the BSE. The scrip opened at Rs. 1067.65 and has touched a high and low of Rs. 1067.65 and Rs. 1067.65 respectively. So far 15772 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1377.10 on 20-Feb-2024 and a 52 week low of Rs. 311.69 on 14-Jun-2023. Last one week high and low of the scr...
Gensol Engineering shines on emerging as successful bidder for GUVNL`s BESS project
Gensol Engineering shines on emerging as successful bidder for GUVNL`s BESS project
Source: Accord Fintech
2024-06-13 10:46:44 am
KEC International surges on securing orders of Rs 1,061 crore across various businesses KEC International is currently trading at Rs. 800.40, up by 32.55 points or 4.24% from its previous closing of Rs. 767.85 on the BSE. The scrip opened at Rs. 817.90 and has touched a high and low of Rs. 824.55 and Rs. 791.60 respectively. So far 12744 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 838.25 on 04-Apr-2024 and a 52 week low of Rs. 526.05 on 09-Jun-2023. Last one week high and low of the scrip stood...
KEC International surges on securing orders of Rs 1,061 crore across various businesses
KEC International surges on securing orders of Rs 1,061 crore across various businesses
Source: Accord Fintech
2024-06-10 09:55:22 am
Buy ABB India Ltd For Target Rs.7,500 - Motilal Oswal Financial Services Quality versus price ABB, in its annual report, highlighted its growth strategy to continue targeting high growth profitable markets that benefit from key megatrends. The company’s improved penetration into Tier II and Tier III cities, higher localization efforts, benefits from global feeder factories for exports, and improved product portfolio are helping it expand its presence across markets spanning 23 market segments. The company has been able to double its share of orders from h...
Buy ABB India Ltd For Target Rs.7,500 - Motilal Oswal Financial Services
Buy ABB India Ltd For Target Rs.7,500 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-06-05 11:33:24 am
Accumulate H.G. Infra Engineering Ltd. For Target Rs.1,611 - Geojit Financial Services Exploring new horizons... HG Infra Engineering Ltd. (HG Infra) is one of the emerging EPC players in India, with over two decades of rich experience in road construction. It is primarily engaged in roads and allied sectors like flyovers, bridges, and irrigation. * The order book remains healthy at Rs. 12,434cr (2.4x FY24 revenue), providing revenue visibility for the next 2 to 3 years. * The company is strategically tapping new opportunities beyond the roads and has secured its maide...
Accumulate H.G. Infra Engineering Ltd. For Target Rs.1,611 - Geojit Financial Services
Accumulate H.G. Infra Engineering Ltd. For Target Rs.1,611 - Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-06-05 10:20:42 am
Bondada Engineering gains on getting LoI worth Rs 2.43 crore Bondada Engineering is currently trading at Rs. 1788.00, up by 22.05 points or 1.25% from its previous closing of Rs. 1765.95 on the BSE. The scrip opened at Rs. 1720.10 and has touched a high and low of Rs. 1811.25 and Rs. 1720.00 respectively. So far 13000 shares were traded on the counter. The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 1980.00 on 16-May-2024 and a 52 week low of Rs. 142.50 on 30-Aug-2023. Last one week high and low of the s...
Bondada Engineering gains on getting LoI worth Rs 2.43 crore
Bondada Engineering gains on getting LoI worth Rs 2.43 crore
Source: Accord Fintech
2024-05-30 11:47:02 am
Buy ABB India Ltd For Target Rs.5,800 - Motilal Oswal Financial Services Benefiting from quality, localization and penetration * ABB’s PAT came in ahead of our estimate in 4QCY23, as margins significantly beat our expectation. Revenue growth was lower than our estimate due to a higher share of its long-duration projects business. Order inflows have plateaued over the last four quarters and future growth will depend on how fast the orders are finalized and how fast the private sector recovers. ABB has been benefiting from strong demand for quality players...
Buy ABB India Ltd For Target Rs.5,800 - Motilal Oswal Financial Services
Buy ABB India Ltd For Target Rs.5,800 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-05-25 10:27:50 am
Buy Larsen & Toubro Ltd For Target Rs.4,200 - Motilal Oswal Financial Services Growth drivers in place Our recent interactions with the management of Larsen and Toubro (LT) make us believe that recent concerns related to its performance are transient, such as 1) low YoY growth in domestic inflows in 9MFY24 was due to a high base of last year, particularly in domestic hydrocarbon; 2) lower-than-expected margins were attributed to legacy projects, which are now closer to completion in the next couple of quarters; and 3) high share of international projects, particularl...
Buy Larsen & Toubro Ltd For Target Rs.4,200 - Motilal Oswal Financial Services
Buy Larsen & Toubro Ltd For Target Rs.4,200 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-05-25 09:10:06 am
Add ABB India Ltd For Target Rs. 1,125 - Yes Securities Result Analysis ABB India’s Q4CY23 print highlighted moderating growth as high base effect comes into play. Revenue growth of 14% YoY moderated driven by weakness in the motion segment pertaining to LV motors while electrification and process automation continue to report above 15% YoY revenue growth. EBITDA margin came in above 15% for second consecutive quarter marked by continued strength in gross margin. Order Inflows growth of 34% YoY was driven by large orders from traction co...
Add ABB India Ltd For Target Rs. 1,125 - Yes Securities
Add ABB India Ltd For Target Rs. 1,125 - Yes Securities
Source: Yes Securities Ltd.
2024-05-24 10:48:12 am
L&T Technology Services gains on inaugurating Simulation Centre of Excellence for Airbus L&T Technology Services is currently trading at Rs. 4612.20, up by 22.05 points or 0.48% from its previous closing of Rs. 4590.15 on the BSE. The scrip opened at Rs. 4629.85 and has touched a high and low of Rs. 4629.85 and Rs. 4566.45 respectively. So far 728 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5884.95 on 08-Apr-2024 and a 52 week low of Rs. 3744.10 on 25-May-2023. Last one week high and low of ...
L&T Technology Services gains on inaugurating Simulation Centre of Excellence for Airbus
L&T Technology Services gains on inaugurating Simulation Centre of Excellence for Airbus
Source: Accord Fintech
2024-05-23 09:40:56 am
BHEL Q4 net profit declines 25 pc at Rs 484 crore Government-owned Bharat Heavy Electricals Limited (BHEL) on Tuesday reported a 25 per cent decline in net profit at Rs 484 crore for the January-March quarter of 2023-2024 compared to the corresponding figure of Rs 645 crore in the same period last year. The firm declared a final dividend of 25 paise for equity share of Rs 2 face value for FY24. The final dividend, upon approval, will be paid within 30 days from the date of the Annual General Meeting (AGM). BHEL’s revenue from ope...
BHEL Q4 net profit declines 25 pc at Rs 484 crore
BHEL Q4 net profit declines 25 pc at Rs 484 crore
Source: IANS
2024-05-22 11:17:11 am
Accumulate KEC International Ltd For Target Rs. 810 - Elara Capital Margin improvement led by T&D FY25E EBITDA margin may increase 140bps YoY KEC International (KECI IN) expects revenue from Transmission & Distribution (T&D contributed 47% to FY24 revenue) to grow >20% in FY25 (23% growth in FY24) – the domestic business is targeted to grow by 30-40%. Increasing power demand with T&D capex (to evacuate renewable capacity) may drive domestic growth. Expect the tender pipeline to rise to INR 600-700bn in FY25 from prior range of I...
Accumulate KEC International Ltd For Target Rs. 810 - Elara Capital
Accumulate KEC International Ltd For Target Rs. 810 - Elara Capital
Source: Elara Capital
2024-05-18 11:20:22 am
India to start manufacturing `T100` type of carbon fibre in next 2.5 years: NITI Aayog member NITI Aayog member V K Saraswat has expressed his confidence that India will start manufacturing 'T100' type of carbon fibre in the next 2.5 years in a bid to overcome the import licensing restrictions that prevent its use in strategic applications.  He stated that T100 carbon fibre is used in defence, aerospace and civil engineering sectors, in the making of hydrogen cylinders, missiles, launch vehicles, aircraft, bullet proof jackets, bridges construction among others. He ...
India to start manufacturing `T100` type of carbon fibre in next 2.5 years: NITI Aayog member
India to start manufacturing `T100` type of carbon fibre in next 2.5 years: NITI Aayog member
Source: Accord Fintech
2024-05-10 01:01:35 pm
Organic Recycling Systems trades in green on launching new Product `GAC-01` Organic Recycling Systems is currently trading at Rs. 231.10, up by 1.10 points or 0.48% from its previous closing of Rs. 230.00 on the BSE. The scrip opened at Rs. 230.80 and has touched a high and low of Rs. 231.60 and Rs. 230.80 respectively. So far 6000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 310.00 on 06-Nov-2023 and a 52 week low of Rs. 208.60 on 26-Mar-2024. Last one week high and low of the scri...
Organic Recycling Systems trades in green on launching new Product `GAC-01`
Organic Recycling Systems trades in green on launching new Product `GAC-01`
Source: Accord Fintech
2024-05-10 10:58:40 am
Larsen & Toubro falls despite reporting 13% rise in Q4 consolidated net profit Larsen & Toubro is currently trading at Rs. 3324.85, down by 160.35 points or 4.60% from its previous closing of Rs. 3485.20 on the BSE. The scrip opened at Rs. 3359.95 and has touched a high and low of Rs. 3376.90 and Rs. 3290.00 respectively. So far 164044 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3859.65 on 02-Apr-2024 and a 52 week low of Rs. 2168.65 on 19-May-2023. Last one week high and low of th...
Larsen & Toubro falls despite reporting 13% rise in Q4 consolidated net profit
Larsen & Toubro falls despite reporting 13% rise in Q4 consolidated net profit
Source: Accord Fintech
2024-05-09 11:44:33 am
Hospitality, oil & gas, FMCG sectors see surge in hiring in India  Sectors like hospitality, oil and gas and Fast-Moving Consumer Goods (FMCG) witnessed a surge in hiring in India last month, a report showed on Tuesday. The hospitality and travel sector witnessed a 16 per cent growth, driven by the strong momentum in travel and tourism, according to the 'Naukri JobSpeak Index'. Positions like front office managers, housekeeping supervisors and F&B service professionals were in high demand across urban hubs like Delhi, Mumbai, and Beng...
Hospitality, oil & gas, FMCG sectors see surge in hiring in India
Hospitality, oil & gas, FMCG sectors see surge in hiring in India
Source: IANS
2024-05-07 02:23:58 pm
Power & Instrumentation (Gujarat) touches roof on getting LoA from Ahmedabad International Airport Power & Instrumentation (Gujarat) is currently trading at upper limit of Rs. 75.05, up by 1.47 points or 2.00% from its previous closing of Rs. 73.58 on the BSE. The scrip opened at Rs. 75.05 and has touched a high and low of Rs. 75.05 and Rs. 75.05 respectively. So far 30694 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.45 on 17-May-2023 and a 52 week low of Rs. 36.53 on 13-Sep-2023. Last one week hig...
Power & Instrumentation (Gujarat) touches roof on getting LoA from Ahmedabad International Airport
Power & Instrumentation (Gujarat) touches roof on getting LoA from Ahmedabad International Airport
Source: Accord Fintech
2024-05-07 11:58:52 am
L&T rises after its arm rolls out industry-integrated MTech programmes in advanced IT domains Larsen & Toubro is currently trading at Rs. 3506.05, up by 6.95 points or 0.20% from its previous closing of Rs. 3499.10 on the BSE. The scrip opened at Rs. 3531.80 and has touched a high and low of Rs. 3531.80 and Rs. 3420.00 respectively. So far 1584567 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3859.65 on 02-Apr-2024 and a 52 week low of Rs. 2168.65 on 19-May-2023. Last one week high and low of the s...
L&T rises after its arm rolls out industry-integrated MTech programmes in advanced IT domains
L&T rises after its arm rolls out industry-integrated MTech programmes in advanced IT domains
Source: Accord Fintech
2024-05-06 12:52:18 pm
Cyient surges after HDFC Mutual Fund buys shares of the company for Rs 204 crore Cyient is currently trading at Rs. 1798.00, up by 3.70 points or 0.21% from its previous closing of Rs. 1794.30 on the BSE. The scrip opened at Rs. 1810.50 and has touched a high and low of Rs. 1819.00 and Rs. 1781.00 respectively. So far 15475 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2457.00 on 22-Dec-2023 and a 52 week low of Rs. 1150.00 on 04-May-2023. Last one week high and low of the scrip stood at R...
Cyient surges after HDFC Mutual Fund buys shares of the company for Rs 204 crore
Cyient surges after HDFC Mutual Fund buys shares of the company for Rs 204 crore
Source: Accord Fintech
2024-05-03 03:24:54 pm
Sika Interplant Systems shines on securing additional new orders of Rs 86 crore Sika Interplant Systems is currently trading at Rs. 2090.00, up by 95.15 points or 4.77% from its previous closing of Rs. 1994.85 on the BSE. The scrip opened at Rs. 2090.00 and has touched a high and low of Rs. 2138.00 and Rs. 2070.00 respectively. So far 2213 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,138.00 on 3-May-2024 and a 52 week low of Rs. 526.00 on 26-May-2023. Last one week high and low of the...
Sika Interplant Systems shines on securing additional new orders of Rs 86 crore
Sika Interplant Systems shines on securing additional new orders of Rs 86 crore
Source: Accord Fintech
2024-05-03 09:58:02 am
Buy GR Infraprojects Ltd. For Target Rs.: 1,445 - JM Financial Securities G R Infraprojects’ (GRIL) 3QFY24 adjusted PAT at INR 1.49bn missed JMFe of INR 1.63bn (consensus: INR 1.69bn) due to lower revenue/margins. Reported PAT at INR 1.55bn includes gain of INR 66mn (post tax) on sale of 21% stake in Nagaur HAM project. Order inflows have been muted at INR 22bn in YTD moderating the backlog to INR 193bn (2.6x TTM revenue). Executability remains low at only 52%. Given the weaker inflows and delay in ADs for HAM projects, GRIL has cut inflow guidance from INR 1...
Buy GR Infraprojects Ltd. For Target Rs.: 1,445 - JM Financial Securities
Buy GR Infraprojects Ltd. For Target Rs.: 1,445 - JM Financial Securities
Source: JM Financial Services
2024-05-01 10:36:08 am
Buy Kirloskar Oil Engines Ltd. For Target Rs.: 930 - JM Financial Securities Kirloskar Oil Engines’ (KOEL) 3QFY24 quarterly number was broadly in line with JMFe. Revenue grew 13.5% YoY to INR 11.4bn, driven by growth across segment. EBITDA margins expanded 80bps YoY to 11.7% due to favourable revenue mix. Demand scenario continues to remain strong in domestic market driven by government focus on Infrastructure spend. Management reiterated its growth strategy of growing revenue by 2x in 3 years (targets revenue of INR 65bn in FY25) with double digit EBITDA margin...
Buy Kirloskar Oil Engines Ltd. For Target Rs.: 930 - JM Financial Securities
Buy Kirloskar Oil Engines Ltd. For Target Rs.: 930 - JM Financial Securities
Source: JM Financial Services
2024-05-01 09:48:45 am