Amber Enterprises India (Amber) is a leading manufacturer and solution provider for room air-conditioner (RAC) industry, commanding leadership with market share of 26-27%. It has capabilities to manufacture ~70% BoM for RACs
Posts tagged ICICI Direct Research Reports
PCBL Chemicals’ wealth creation journey will be steady in near to medium term. Buy for target price of ₹480 (25% upside): ICICI Direct
Long term growth prospects at PCBL remain unchanged however since quantum jump in numbers will start reflecting from FY28E onwards, we expect the wealth creation journey to be steady in near to medium term. With unchanged estimates, we continue to remain positive on PCBL and retain our BUY rating with target price of ₹ 480 i.e. 25x P/E on FY27E
Piramal Pharma’s long term prospects are intact. Buy for target price of ₹290 (38% upside): ICICI Direct
Piramal Pharma Limited (PPL) is part of the Piramal group of companies. The company operates in 3 major segments.
Mayur Uniquoters has healthy growth prospects, healthy margin & RoIC profile (20%+) & Cash positive B/S. Buy for target price of ₹665 (25% upside): ICICI Direct
Mayur Uniquoters (MUL) is a leading player in technical textile domain, manufacturing synthetic leather (PVC, PU) for auto, footwear & apparels.
Somany Ceramics’ growth trajectory expected to be back by FY26. Buy for target price of ₹570 (32% upside): ICICI Direct
Somany Ceramics is the second largest tiles manufacturer in the domestic tiles market having ~80 MSM capacity along with bath fittings and sanitaryware capacity of 1.3 mn pieces and 0.78 mn pieces, respectively. Riding on real estate strong cycle, the company has guided for high single/ low double digit tiles volumes ahead in FY26
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