Focus is to grow at a CAGR of over 20%,’ says Go Fashion CEO Gautam Saraogi, on the growth plans for the company. #InsideOut | 'Focus is to grow at a CAGR of over 20%,' says Go Fashion CEO Gautam Saraogi, on the growth plans for the company.@sonalbhutra @GoColorsIndia pic.twitter.com/YBz2WHNEr8 — CNBC-TV18 (@CNBCTV18News) September 19, […]

GS on KPIT Tech Buy, TP Rs 900 Acquires Technica Eng Gmbh Technica’s CY21 Rev/EBITDA of EUR43m/EUR9mn represents 16%/17% of KPIT’s FY22 rev/EBITDA On an EV/EBITDA basis, cash consideration for Technica implies 10x vs KPIT’s current 26x (TTM)

Jefferies on LIC Hsg Buy, TP raised to Rs 510 Housing loan demand strong Home loan rate hike of 125/110 bps YTD FY23 could lift spreads despite rising interest rates given favorable floating asset/fixed liability profile At 0.9x FY23e BV, valuations attractive

Jefferies on BEL Buy, TP raised to Rs 130 In past 12-24 months, more than 200 items added to defence import embargo list through 2027 Russia-Ukraine war has put a rising emphasis on indigenization Raise FY24E-25E EPS by 2-6%

Very optimistic comments from HAL management on @CNBCTV18News Hindustan Aeronautics tells us : Will execute 85000cr order book in 5-6 years Additional 15000cr orders for repair work Expect double digit growth by FY24-25 Expect 8% growth in revenues to 26500cr in FY23 DEFENCE STOCKS THIS YEAR Bharat Dynamics +142% HAL +103% Mazagon Dock +64% Garden […]

Sharekhan Research maintains Buy on Ratnamani Metals with 12 months PT of Rs2285 as all-time high order book of >Rs3,200 crore and strg. bid pipeline improves earnings growth visibility; Rs350 crore capex plan to expand capacity to drive LT growth #StocksToWatch #Investment picks

#Sharekhan Research retains Buy on Jyothy Labs with 12 mths PT of Rs215; Better growth prospects and a strengthening balance sheet make JLL a good pick in the mid-cap space; double digit rev growth to sustain; OPM to recover gradually in the qtrs ahead #Investment picks

M&M acquires additional 17.4% stake in swaraj engines from Kirloskar industries for 296cr With this, Swaraj engines is now a subsidiary of M&M M&M stake in swaraj engines now rises to 52.1% from 34.72% earlier

CITI on PB Fintech (Investor meet takeaways) Buy, TP Rs 750 1) Gradual transition of core biz towards a phygital model is margin accretive 2) POSP’s margins will likely remain constrained at <10% over medium term 3) Medium-term EBITDA guidance of around 20% by FY2026-27E

UBS on Gas Cos IGL- Buy TP Rs 630 MGL- Buy, TP Rs 1280 Guj Gas- Sell, TP Rs 400 Calculations suggest delivered gas cost for 2nd half of Q2 is 30% lower than 1st half of Q2 UBS on Gas Cos Est. gross margins for Sept are 25-40% higher than Q1FY23 levels, which could […]