Yes Securities Ltd

RBI Policy Announcement : Banking sector takeaways..

ADDITIONAL MEASURES Loan loss provisions A Discussion Paper would be released on loan loss provisioning based on expected loss approach and comments from stakeholde..

Rollover Analysis September 2022 - Markets wary ah..

Markets wary ahead of RBI policy Throughout September, US indices like S&P 500 and Nasdaq composite largely trended lower and currently hovering near their June mo..

View on RBI has hiked the repo rate by 50 bps By M..

Below is View on RBI has hiked the repo rate by 50 bps by Mr. Amar Ambani, Senior President and Head of Institutional Equities, YES Securities. &ld..

Stove Kraft Ltd: On track to meet revised guidance..

Buy Stove Kraft Ltd For Target Rs.777 Result Synopsis STOVEKRAFT has delivered in line revenue growth and is on track to achieve its revised guidance of strong doub..

Buy Gail India Ltd For Target Rs. 205 - Yes Securi..

In-line quarter; gas supply headwinds ahead Our view The 1QFY23 operating profit at Rs 43.7bn (+81% YoY; +18% QoQ), stood in-line with our but above street estimate..

Comment on FPI inflows in Indian Equities By Mr. H..

Comment on FPI inflows in Indian Equities 12 September 2022 By Mr. Hitesh Jain, Lead Analyst – Institutional Equities, YES SECURITIES Fa..

Reduce Escorts Kubota Ltd For Target Rs.1382 - Yes..

Dual impact of market share and margins loss Valuation and View Escorts Kubota (Escorts) 1QFY23 results were weak with EBITDA/ Adj. PAT miss by ~30/37.5% to ours an..

Buy CreditAccess Grameen Ltd For Target Rs.1300 - ..

An in-line quarter; growth/profitability to pick up Lower disbursements in Q1 were baked in the annual 24-25% GLP growth guidance CREDAG’s Q1 FY23 performance..

Buy Bank of Baroda Ltd For Target Rs. 150 - Yes Se..

Nothing to alter a reasonably stable outlook Result Highlights * Asset quality: Gross NPA additions were to Rs 43.52bn (annualized NPA addition ratio of 1.7%) and r..

Neutral Nazara Technologies Ltd For Target Rs.652 ..

Strong operating performance across segments Our view and valuation Overall, it reported strong performance for the quarter with both revenue and EBITDA..

Neutral Greenlam Industries Ltd For Target Rs.372 ..

New capacities to boost performance! Our view and valuation Greenlam Industries Ltd (GRLM) registered a decent quarter wherein laminates biz increased by 39%YoY &am..

Buy V-Guard Industries Ltd For Target Rs.289 - Yes..

Strong growth momentum continues; reiterate BUY Result Synopsis VGRD reported better than expected revenue growth of beating estimates for 3rd consecutive quarter...