Yes Securities Ltd

Buy CSB BANK Ltd For Target Rs. 315 Yes Securities

CSB close to delivering another year of near zero credit cost Result Highlights * Asset quality: Gross slippages were under control atRs 260mn (annualized slippage ..

Buy GAIL India Ltd For Target Rs 135 - Yes Securit..

Inventory losses weigh on 3Q earnings Our view GAIL reported 3QFY23, significantly below estimates, with operating profit at Rs 2.6bn (-94% YoY; -85% QoQ), primaril..

Union Budget 2024: Short and Sweet Says Mr. Amar A..

Below is Post Budget Quote By Mr. Amar Ambani, Group President and Head- Institutional Equities, YES SECURITIES “In her shortest budget speech that la..

Post Budget Analysis : Budget impact on Banking, ..

Below is Post Budget Comment From Mr. Shivaji Thapliyal, Head of Research and Lead Analyst, YES SECURITIES Credit guarantee scheme for MSMEs · &nbs..

Buy Gland Pharma Ltd For Target Rs 1,720 - Yes Sec..

Long road to recovery Result Synopsis Gland reported a weak quarter on back of declines in US and ROW revenues YoY as lack of customer offtake, still lingering supp..

Buy UltraTech Cement For Target Rs 8613 - Yes Secu..

Sequential flat NSR anchored EBITDA at Rs900/te Result Synopsis Ultratech Cement(UTCEM) delivered a volume growth of +12%y/y to 25.9MT (+4% above YSECe)..

Buy Axis Bank Ltd For Target Rs : 1300 - Yes Secur..

Axis Bank Ltd Result Highlights * Asset quality: Gross slippages amounted to Rs 38.07bn (annualized slippage ratio of 2.0%) and recoveries and upgrades were healthy..

Buy Tanla Platform Ltd For Target Rs 1,046 - Yes S..

Tanla Platform Ltd Result Synopsis Tanla Platform (TANLA) reported inline financial performance for the quarter. Both, sequential revenue growth and EBITDA margin w..

Buy ICICI Bank Limited For Target Rs.1,180 - Yes S..

A few niggles do not change thesis Result Highlights * Asset quality: Gross NPA additions amounted to Rs 57.23bn for the quarter, translating to an annualized slipp..

Pre Budget Expectations : Even though expenditure ..

Below is Pre budget views By Mr. Amar Ambani, Group President and Head, Institutional Equities, YES SECURITIES After the pandemic-induced spurt in spending, ..

Buy Petronet LNG Ltd For Target Rs.320 - Yes Secur..

Earnings miss estimates on low utilization Our view PLNG’s 3QFY23 reported operating profit at Rs 16.7bn (+20% YoY; +43% QoQ) stood ahead of our and street es..

Buy L&T Technology Services Ltd For Target Rs. 3,5..

Mixed operating performance for the quarter; seeing signs of softness in certain segments Result Synopsis L&T Technology Services (INFO) reported mixed financia..