Stable performance Strong business growth aided a 10% YoY rise in Q3 PPOP despite higher opex; PAT increased 17% to Rs 23bn Reported NIM stayed stable QoQ at 4.3% as increased yield on advances offset rise in cost of deposits TP revised to Rs 1,952 (vs. Rs 1,755) as we tweak estimates […]
Saurabh Mukherjea has added 4 small-cap stocks to Little Champs Portfolio which are favourites of Dolly Khanna, Ashish Kacholia, Shyam Sekhar, Durgesh Shah & other investing luminaries. The Cos have dominant businesses, quality management & other virtues
MCX has successfully executed one of the most complex technology transitions, and the new CDP is running smoothly, with volumes scaling new highs. We believe it’s a new beginning for MCX, with a focus on introducing new products, increasing participation and volume, and improving profitability. The options volume has increased by 4x YoY and is currently >INR 1,400bn
Given the company’s strong growth potential backed by robust deal wins and superior execution capabilities, we recommend a BUY rating on the stock
EPACK Durable Limited is India’s second largest room air conditioner original design manufacturer (ODM) in terms of number of units (indoor units + outdoor units) manufactured in FY23 through the ODM route. Since 2003, the company evolved from a RAC brand OEM to an ODM partner, focusing on product development and innovation
Volume led profitable growth on the anvil … About stock: Coal India Ltd (CIL), is the largest coal producer domestically as well as globally. It is a ‘Maharatna’ PSU, operating under aegis of Ministry of Coal. • Operation spanning 83 mining areas across eight states, currently owing 322 mines including 138 underground, 171 opencast and […]
Given the investment thesis outlined above, we anticipate robust CAGR growth for Ethos in terms of Revenue (35%) and PAT (42%) over FY23-26E. This positive trajectory is expected to enhance the overall return profile for the company
J Kumar Infra’s shareholders’ list reads like a who’s-who of Dalal Street’s investing luminaries. Sunil Singhania’s ABAKKUS GROWTH FUND-2, Prashant Jain’s 3P INDIA EQUITY FUND 1, Dolly Khanna, Mukul Agrawal, HDFC Mutual Fund and FII LETKO BROSSEAU EMERGING MARKETS EQUITY FUND hold big stakes in the Company
We are positive on Muthoot Finance because of its strong customer acquisition and retention measures, entry into new geographies and segments and it has been growing on strong internal accruals (CAR at 30.3%). We maintain our ‘Buy’ rating on Muthoot Finance Ltd with a revised SOTP based target price of Rs 1722
Nifty Bull Call Ratio Spread: SELL 2 LOT CALL NIFTY 18JAN2024 22,400 @ 17 | BUY 1 LOT CALL NIFTY 18JAN2024 22,100 @ 122
Target – 55 POINTS | Stop Loss – 22,450 (SPOT)
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