Posts tagged Nirmal Bang
| JB Chem is the preferred pick due to aggressive growth focus & high return ratios: Nirmal Bang | |
| Company: | J.B. Chemicals & Pharmaceuticals Ltd |
| Brokerage: | Nirmal Bang |
| Date of report: | September 15, 2023 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 16% |
| Summary: | JB Pharma remains our preferred pick, mainly underpinned by aggressive growth focus in the Domestic+CDMO business, high return ratios, lean B/S and healthy FCF |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | J.B. Chemicals & Pharmaceuticals Ltd |
| ITC’s valuation is inexpensive at ~24x FY25E EPS given the double-digit earnings CAGR: Nirmal Bang | |
| Company: | ITC Ltd |
| Brokerage: | Nirmal Bang |
| Date of report: | August 15, 2023 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 16% |
| Summary: | We view the value unlocking from the Hotel business demerger as a welcome move, especially if it is eventually followed by the demerger of the Other FMCG and IT Services businesses as well. If the same fructifies, re-rating will be sharper going forward. Maintain BUY |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | ITC |
| Top 4 Chemical Stock Picks By Nirmal Bang | |
| Company: | Specialty Chemicals |
| Brokerage: | Nirmal Bang |
| Date of report: | December 21, 2022 |
| Type of Report: | Sector Report |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | We are positive on the CSM leader PI Industries and CPC companies UPL and Sumitomo Chemical India (SCIL), with new product launches, pricing power and long runway for growth. Potential catalysts are a likely PLI scheme for Agrochemicals and concessions related to tariff restructuring to support value addition CPC. Key ‘BUYs’ are PI Industries and UPL in large caps and SCIL in midcaps- on dips. Coromandel International (CRIN) is a value Buy |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Best Agro Chemicals stocks to buy |
| JB Chemicals is the preferred pick in the Pharma sector: Nirmal Bang | |
| Company: | JB Chem |
| Brokerage: | Nirmal Bang |
| Date of report: | December 18, 2022 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 15.2% |
| Summary: | JB Chem has 7 formulations facilities and 1 API facility with most of the units approved by all major compliance agencies, including units TI10 (OSD), T20 (OSD) and D9 (API), which are USFDA compliant as well. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | JB Chem |
| ICICI Bank is top pick in the banking space: Buy for target price of Rs. 1065 (55% Gain) | |
| Company: | ICICI Bank |
| Brokerage: | Nirmal Bang |
| Date of report: | June 20, 2022 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 55% |
| Summary: | We reiterate ICICI Bank as our top pick in the banking space given the visibility of 2% ROA by FY24E on the back of 21% CAGR in net profit over FY22-24E. Given the current increasing interest rate environment, the bank seems one of the best placed from ROA accretion perspective given its higher share of EBLR linkage, enabling faster transmission of rate increases on the asset side. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | ICICI Bank |
| Review Of 5 Top Specialty Ingredients Stocks By Nirmal Bang | |
| Company: | Model Portfolio, specialty ingredients |
| Brokerage: | Nirmal Bang |
| Date of report: | September 24, 2021 |
| Type of Report: | Sector Report |
| Recommendation: | Buy |
| Upside Potential: | 25% |
| Summary: | Challenging environment could be an opportunity for select companies to gain market share |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Model Portfolio, specialty ingredients |
| Jamna Auto Industries is a play on multi-year CV cycle; further re-rating potential: Nirmal Bang | |
| Company: | Jamna Auto |
| Brokerage: | Nirmal Bang |
| Date of report: | July 15, 2021 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 22% |
| Summary: | Play on multi-year CV cycle; further re-rating potential |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Jamna Auto Industries |
| CONCOR Initiating Coverage Research Report By Nirmal Bang | |
| Company: | CONCOR |
| Brokerage: | Nirmal Bang |
| Date of report: | March 31, 2021 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 18% |
| Summary: | Best is yet to come! |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Concor |
| Best 5 Specialty Ingredients Stocks To Buy Now: Research Report By Nirmal Bang | |
| Company: | Advanced Enzymes Technologies, Camlin Fine Sciences, Fine Organic, Galaxy Surfactants, Model Portfolio, Rossari Biotech |
| Brokerage: | Nirmal Bang |
| Date of report: | April 1, 2021 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 29% |
| Summary: | Indian companies are leveraging this opportunity whereby they deal with some global companies for sourcing ingredients and subsequently provide value-added solutions to clients based on their requirements |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Model Portfolio, Speciality Chemicals |
| EIH Limited Research Report By Nirmal Bang | |
| Company: | EIH |
| Brokerage: | Nirmal Bang |
| Date of report: | January 16, 2021 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 19% |
| Summary: | Reduced pandemic impact, cyclical upswing, strong brand and locational advantage to drive growth |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | EIH |