Yes Securities Ltd

Rollover Analysis – Feb 21 : Wobble at top for N..

Wobble at top for Nifty‐Sector rotation seen Massive swings seen during the month as index rallied sharply after budget fueled in fresh optimism for growth, Nifty se..

Wabag secures Financial Closure of NMCG Project a..

Below are Views On WABAG secures Financial Closure of NMCG Project and ties up Investment Partner by Mr. Prasanth Prabhakaran, MD & CEO, YES SECURITIES &..

Repco Home Finance Ltd : Resilient asset quality p..

Buy Repco Home Finance Ltd For Target Rs.375 Resilient asset quality performance raises confidence – Retain BUY with 12m PT of Rs375 Repco&rsq..

Top 4 Stock Picks ‐ February 2021 By Yes Securit..

ABB POWER PRODUCTS We are positive on ABB’s which is leveraging an industry leading installed base, footprint and expertise aided by a) Power supply evolution th..

Update On Varun Beverages Ltd By Yes Securities

Strong margin performance and decent demand recovery; FCF generation set to improve from CY21 * View – We like the stock given a decent recovery in demand, oppor..

Nestle India Ltd : Muted quarter impacted by sharp..

Add Nestle India Ltd For Target Rs.18,232 Muted quarter impacted by sharp rise in employee costs; suggest buying into any result‐ driven weakness; reitera..

Update On Economy By Yes Securities

Economy snippets * Govt pursuing reforms for achieving sustained long-term growth, Finance Minister * RBI to conduct simultaneous G-Secs sale and purchas..

Stock Market Update By Yes Securities

Corporate snippets * Adani Ports earmarked Rs 10,000 crore to build a new gateway into Maharashtra, and acquired Dighi Ports for Rs 705 crore. * L&T Finance Hol..

Electricals Sector Update - Demand outlook remains..

Our View ‐ We remain positive on Voltas as it has demonstrated consistent market share gains along with industry leading margins in RAC. In other produc..

JMC Projects (India) Ltd : Execution set to pick u..

Buy JMC Projects Ltd For Target Rs.93 Q3 FY21 Conference call takeaways * JMC reported its highest quarterly revenue of Rs.1.7 bn driven by better execution in..

Q3 FY 21 Earnings Review By Yes Securities

NSE 200 Companies * PBT growth of NSE200 stood at 53% y/y and excluding Financials and Telecom at 41%. Revenue de‐growth (ex‐finance) at 0.4% – significantly..

Apollo Hospital Ltd : New initiatives on anvil but..

Sell Apollo Hospital Ltd For Target Rs.1300 Our view: New initiatives like ProHealth, Apollo 24/7 and diagnostics can account for meaningful share of incremental re..