Emkay Global Financial Services Ltd.

Company Update: Suzlon Energy Ltd By Emkay Global ..

Suzlon has become the first Indian wind energy company to reach 20GW of worldwide wind energy installation and has a 33% cumulative wind energy market share in India. The..

The better than expected GDP print for 4QFY23 is h..

Below Perspective on Q4 FY23 GDP Data By Ms. Madhavi Arora, Lead Economist, Emkay Global Financial Services “The better than expected GDP print for 4QFY23 i..

India's GDP growth in FY23 estimated at 7.2%

India's gross domestic product (GDP) growth for FY23 is estimated at 7.2 per cent, said the National Statistical Office (NSO), Ministry of Statistics and Programme Im..

May 2023 auto sales preview: The recovery for 2-wh..

Emkay Global Financial Services conducted a channel check to gauge the volumes’ estimate for the month of May. The channel checks indicate the recovery in the 2-whe..

Hold Dixon Technologies Ltd For Target Rs. 3,403 -..

Dixon reported a robust quarter, beating Street/our estimates. While sales growth for 4QFY23 stood at 4% YoY, EBITDAM of 5.1% (vs 4% YoY) was the key positive, leading to..

There are nascent signs of consumption recovery, h..

Kindly find appended below perspective by Ms. Madhavi Arora, Lead Economist, Emkay Global Financial Services on Expectations on the Upcoming Q4 GDP Data “Gr..

Buy Zomato Ltd For Target Rs.90 - Emkay Global Fin..

Zomato reported better-than-expected operating performance in Q4 – while it registered muted GOV growth QoQ, contribution margin across segments beat estimates. Foo..

Buy NTPC Ltd For Target Rs.205 - Emkay Global Fina..

NTPC reported 7% YoY growth in adjusted PAT to ~Rs49bn in Q4FY23. Growth was in line with generation growth of 7.6% YoY for the quarter. For FY23, generation growth stood..

Banking Sector Update : Currency note withdrawal C..

The RBI has announced the withdrawal of Rs2000 notes from circulation, which the regulator claims is not used much for transactions and thus will be withdrawn from the sy..

Buy Gulf Oil Lubricants Ltd For Target Rs.650 - Em..

GOLI continued to clock steady growth in core lube volume, of 9% YoY at 36mn ltr in Q4FY23, led by the PCMO segment. While core volume was in-line, total volume beat our ..

Buy Route Mobile Ltd For Target Rs.1,500 - Emkay G..

Route Mobile reported a better-than-expected operating-performance in Q4, even in a seasonally-weak quarter. Revenue grew 2.3% QoQ/61.1% YoY, on growth in banking clients..

Hold Ramco Cements Ltd For Target Rs. 880 - Emkay ..

Ramco Cements’ (Ramco’s) Q4FY23 EBITDA sharply increased by 40% YoY/45% QoQ to Rs4.1bn, significantly above Consensus/our estimates, owing to a beat across al..