Posts tagged SMIFS
| Dollar Industries’ growth pillars are in place driven by project Lakshya. Buy for target price of Rs 708 (56% Gain): SMIFS | |
| Company: | Dollar Industries |
| Brokerage: | SMIFS |
| Date of report: | November 13, 2022 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 56% |
| Summary: | DIL’s strong brand recall coupled with deeper penetration and consumers shifting towards affordable branded quality products are strong macro tailwinds for the company. Currently the innerwear industry is witnessing a structural shift from unorganised to the organised sector. We expect DIL to benefit from this trend. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Dollar Industries Ltd |
| Buy Suprajit Engineering for Target Price of Rs 433 (32.8% gain): SMIFS | |
| Company: | Suprajit Engineering |
| Brokerage: | SMIFS |
| Date of report: | November 2, 2022 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 32.8% |
| Summary: | The company is putting good efforts to de-risk and grow beyond cables, this would provide additional growth opportunities. The company is moving up the value chain, rediscovering itself for a profitable growth ahead. It is capable to invest in complex & future-ready products. Maintain BUY rating! |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | Suprajit Engineering |
| TCI Express is well positioned to capitalize on the growing opportunities in the domestic logistics space: SMIFS | |
| Company: | TCI Express |
| Brokerage: | SMIFS |
| Date of report: | November 1, 2022 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 14.5% |
| Summary: | TCI Express is well positioned to capitalize on the growing opportunities in the domestic logistics space. The company to further strengthen its efficiencies and capabilities through automation, setting up new sorting centers, adding new branches and launch of new service. We have valued the stock at 40x Sep’24 EPS of Rs 54.2 (rollover from Mar ’24) to arrive at a target price of Rs 2,168, offering retun potential of ~14.5% and maintain an “Accumulate” rating on the stock |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | TCI Express |
| Strong Buy Of TCI Express Ltd: Initiating Coverage Research Report By SMIFS | |
| Company: | TCI Express Ltd |
| Brokerage: | SMIFS |
| Date of report: | June 4, 2021 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 23% |
| Summary: | A safe play in Indian logistics sector growth story |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | TCI Express Ltd |
| Innerwear Industry – Sector Report By SMIFS | |
| Company: | Dollar Industries, Lux Industries, Page Industries, Rupa & Co |
| Brokerage: | Stewart & Mackertich |
| Date of report: | April 6, 2021 |
| Type of Report: | Sector Report |
| Recommendation: | Buy |
| Upside Potential: | 100% |
| Summary: | The Indian innerwear market was valued at ~Rs 320 billion in 2018 and is expected to grow at a CAGR of ~11% over the next decade to reach ~Rs 897 billion by 2028E |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | innerwear industry |