Quarterly Result

High Conviction Idea : Buy Tata Consultancy Servic..

Company Background: Tata Consultancy Services (TCS) is a part of the Tata group and India's largest multinational business group. It is an IT services, consulting an..

Mid Cap : Buy Vinati Organics Ltd For Target Rs.2,..

Profitability momentum continues... Vinati Organics Ltd (VOL) enjoys global leadership in two specialty chemicals, with a market share of 70% in IBB (isobutyl benzene)..

Buy Aputs Value Housing Finance India Ltd For Targ..

Aptus delivered an in-line performance wherein spread compression was partially offset by lower-than-estimated credit cost. AUM growth was marginally below expectation on..

Buy CEAT Ltd For Target Rs. 1,800 - JM Financial

We visited CEAT’s Halol plant, its largest PCR and TBR plant in India. Company’s focus on quality and efficiency improvement through automation, digitization ..

Buy Axis Bank Ltd For Target Rs. 1,120 - JM Financ..

Axis Bank today completed the acquisition of Citibank's consumer businesses in India (announced in Mar2022). The total consideration to be paid has been revised lower..

Buy DLF Ltd For Target Rs. 568- Yes Securities

Our view DLF achieved strong presales of 1.55msf translating in sales value of Rs25.1bn in Q3FY23 backed by the strong presales for ‘The Grove’ DLF5, Gurug..

Buy DCB Bank Ltd For Target Rs.125 - Yes Securitie..

Result Highlights * Asset quality: Gross NPA addition amounted to Rs 4.03bn(annualised slippage ratio of 4.9%) but recoveries and upgrades were also healthy at Rs 3.75..

Buy Manappuram Finance Ltd For Target Rs. 150 - Mo..

We attended MGFL’s analyst meet hosted by its senior management team, including MD and CEO Mr. VP Nandakumar and Executive Director Dr. Sumitha Jayasankar. Key t..

Buy Shree Cement Ltd For Target Rs.25,169 - ICICI ..

We recently interacted with the management of Shree Cement (SRCM) for an update on their business strategy and general industry outlook. Following are the key takeaways: ..

Buy Jindal Steel & Power Ltd For Target Rs 690 - J..

Jindal Steel and Power (JSP) has undergone a significant transformation over the past few years, deleveraging its balance sheet through divestment of non-core operations...

Neutral Clean Science and Technology Ltd For Targe..

Guidance remains strong with healthy new product pipeline * Incorporated in CY03, CLEAN is among the few global organizations focused on developing ingenious technolog..

Buy Mahindra CIE Automotive For Target Rs.352 - IC..

We recently interacted with the management of Mahindra CIE (MACA) and following are the key takeaways from the meeting: 1) MACA is prepared to deliver 800bps higher than ..