Reports in category Result Update
| Cochin Shipyard to witness significant YoY growth in revenues & profitability. Buy for target price of Rs 1340: ICICI Direct | |
| Company: | Cochin Shipyard |
| Brokerage: | ICICI-Direct |
| Date of report: | November 28, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 20% |
| Summary: | We expect CSL to witness significant YoY growth in revenues & profitability over FY24-25E, led by execution pick-up in both the segments and increasing share of margin accretive ship-repair segment |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Cochin Shipyard, ICICI-Direct |
| Amara Raj is in value zone with attractive risk reward. Buy for target price of Rs 900 (27% upside) | |
| Company: | Amara Raja |
| Brokerage: | ICICI-Direct |
| Date of report: | December 1, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 27% |
| Summary: | With steady growth prospects in base business, increasing focus in new energy domain, merger of related businesses at fair value, healthy net cash positive B/S & inexpensive valuations, we have a positive view on the stock |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Amara Raja, ICICI-Direct |
| LIC: Upgrade to BUY – Undemanding valuation; structural issues priced-in: Emkay | |
| Company: | LIC |
| Brokerage: | Emkay |
| Date of report: | November 12, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 25% |
| Summary: | We upgrade the stock to BUY, as we believe higher surplus generation and slower growth could lead to a step jump in dividend, as solvency is healthy. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Emkay, LIC |
| Royal Orchid Hotels will outpace peers & narrow valuation gap with its peers. Buy for target price of Rs 498 (76% upside): Nuvama | |
| Company: | Royal Orchid Hotels |
| Brokerage: | Nuvama |
| Date of report: | November 14, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 76% |
| Summary: | Strong room addition pipeline one of the key growth drivers. Expect revenue/EBITDA to clock 29%/18% CAGR over FY23–25 |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Nuvama, Royal Orchid Hotels |
| Emudhra Ltd is seeing strong performance. Demand environment is strong. Buy for target price of Rs 556 (Yes Securities | |
| Company: | Emudhra |
| Brokerage: | Yes Securities |
| Date of report: | November 9, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 22.7% |
| Summary: | Strong performance led by expansion of the Enterprise business in foreign markets |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Emudhra |
| The BSE stock has rallied ~2.5x in the last six months led by market share gains. It is still a good buy for 22% upside: HDFC Sec | |
| Company: | BSE Ltd |
| Brokerage: | HDFC Sec |
| Date of report: | November 10, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 22% |
| Summary: | The stock has rallied ~2.5x in the last six months led by market share gains and is currently trading at a P/E of 37/30x FY25/26E vs 5Y average 1Y-fwd P/E ~21x |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | BSE, HDFC Sec |
| Hindware Home Innovation is a buy for target price of Rs 637 (34% upside): Nuvama | |
| Company: | Hindware Home Innovation |
| Brokerage: | Nuvama |
| Date of report: | November 10, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 34% |
| Summary: | From being a manufacturer of just one product, HINDWARE has grown significantly to gain market leadership in sanitary ware and is a major faucet ware player. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Hindware Home Innovation |
| Gabriel India Ltd is favourably positioned as key clients in ICE & EV gaining market share! Buy for target price of Rs 341 (20% upside): SMIFS | |
| Company: | Gabriel India Ltd |
| Brokerage: | SMIFS |
| Date of report: | November 3, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 20% |
| Summary: | We are strongly convinced of the company’s competitive position, and is well placed for the mid-to-long term growth opportunities. It’s a debt-free and has always generated positive cash flows in the last 11 years |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | gabriel india, SMIFS |
| Engineers India is a High Conviction Buy Idea for target price of Rs 160 (25% upside): Strong growth available at attractive valuations: ICICI Direct | |
| Company: | Engineers India Ltd |
| Brokerage: | ICICI-Direct |
| Date of report: | October 30, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 25% |
| Summary: | With strong order inflows in FY23-Q1FY24, better segment mix, focus on new export markets we believe company’s financial performance to improve significantly over FY23-25E as compared to FY20-23. Revenue and PAT are expected to register 15.5% and 23.1% CAGR over FY23-FY25E, respectively. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Engineers India Ltd, ICICI-Direct |
| LTFH is well on track in line with Lakshya 2026. Buy for target price of Rs 155 (17% upside) | |
| Company: | L&T Finance |
| Brokerage: | Sharekhan |
| Date of report: | October 23, 2023 |
| Type of Report: | |
| Recommendation: | Buy |
| Upside Potential: | 17% |
| Summary: | At the CMP, the stock trades at 1.2x/1.1x FY2025E/FY2026E BV estimates. LTFH is well on track in line with Lakshya 2026 to transform into the retail franchise. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | L&T Finance, Sharekhan |