Passenger vehicles industry on the highway to recovery as major headwinds have passed
The passenger vehicles industry in India saw a de-growth of 17.9% in sales in FY..
We had initiated coverage on Torrent Power Ltd on October 15, 2020 at a market price of Rs. 298 for a target price of Rs 389, showcasing an upside of ~30%.
We had initiated coverage on JK Paper Ltd. (JKPL) with a Buy rating on March 31, 2020 at Rs.72 for a target price of Rs.151 showcasing an upside of ~109.7%.
With the r..
We had initiated coverage on Ramco Industries Ltd. (RIL) with a Buy rating on December 23, 2019 at Rs.185 for a target price of Rs.264 showcasing an upside of ~42.7%.
Axis Bank reported decent set of numbers with core operating profit growth of 9.6%, however higher provisions of Rs.46,000mn, resulted in dip in net profit for Q3FY21.
CONFERENCE CALL HIGHLIGHTS:
For Q3FY21 and 9MFY21:
* During 9MFY21, EIL achieved a turnover of INR 2,138 Cr, which was down by 16% as compared to turnover of INR 2,..
Mahanagar Gas Ltd. has reported numbers for the quarter ended December’20. Following are the highlights of the result.
Highlights from the Quarter (Q3F..
Customer Centricity – the key differentiator
Customer centricity is the basic tenet in design of products and processes. For instance, customers can choose thei..
Torrent Power Ltd. has reported numbers for the quarter ended December’20. Following are the highlights of the result.
Highlights from the Quarter (Q3FY21):
We had initiated coverage on Schaeffler India Ltd on April 21, 2020 at a market price of Rs. 3,340 for a target price of Rs 4,845, showcasing an upside of ~45%.
We had released our initiating coverage report on State Bank of India with a Buy rating on 11th September 2019 at Rs.285. Since our initiating report, the stock has poste..
Meghmani’s Agrochemical business to grow due to increased demand of pesticides globally, setting up of new plants and addition of new molecules.
India is the fou..
Rupee falls 10 paise to 73.94 against US dollar in early trade
Rate decision, US stimulus likely constraints to rupee's further appreciation
NCLT approves sale of IL&FS education arm to LEHL
Hyundai Motor India adds new Board members
Vodafone Idea board to mull raising funds post AGR verdict
Indices end lower for 2nd day
Rupee ends substantially weaker on Friday
83% of Indians trust AI bots over people to manage finances: Study
Quote on Market Performance 05 March 2021 by Mr. Deepak Jasani, HDFC Securities
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