Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 212264.15 Crore) operating in Auto sector.

Piramal Enterprises Ltd., incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 20493.82 Crore) operating in Diversified sector.

Coal India Ltd. key Products/Revenue Segments include Other Operating Revenue and Coal for the year ending 31-Mar-2023.

The brokerage believes BEL may continue receiving orders from various platforms across services. Coupled withrobust execution, they believe the company is likely to achieve our higher-than-consensus EPS of INR 5.8/INR 6.8 forFY25/26E, respectively. The brokerage maintains BUY on BEL with an unchanged TP of INR 203 based on 30x FY26E EPS.​

"Tejas Networks (Tejas), India’s largest R&D-driven telecom equipment company, designs and manufactures wireline/wireless networking products. We expect Tejas to execute orders worth at least Rs292bn over FY24-28E, and generate revenue/EBITDA above Rs300bn/Rs60bn, respectively, led by the BSNL and BharatNet projects."

R R Kabel, incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 17851.88 Crore) operating in General sector.

Godrej Consumer Products, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 113040.37 Crore) operating in FMCG sector.

Apollo Tyres is trading at ~15x FY25E earnings vs ~7% EPS CAGR during FY24E-FY26E. As against ~6% India volume CAGR over FY24-26E, we expect India EBITDAM/FCF/RoCE to remain steady during the same period, with business remaining exposed to the mean reversion in GM.

​Barbeque-Nation (BARBEQUE) is among the few scalable casual dining players with a healthy store economics and net cash balance sheet. In the last one year, weak macro has adversely impacted SSSG earnings. At EV/Sales of 1.4x and EV/EBITDA of 14x on FY26E, it is the lowest in the retail space, offering a better risk reward opportunity.

For the quarter ended 30-09-2023, the company has reported a Consolidated Total Income of Rs 13128.10 Crore, down -1.67 % from last quarter Total Income of Rs 13350.70 Crore and down -2.17 % from last year same quarter Total Income of Rs 13419.65 Crore. Company has reported net profit after tax of Rs 513.80 Crore in latest quarter.

Hindalco Industries, incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 129709.34 Crore) operating in Metals - Non Ferrous sector.

​GCPL has been progressing well toward improving its India business sales growth in recent years. Disruptive innovations, access packs, and higher but concentrated ad spending should result in consistently healthy growth in this high-margin and high-ROCE domestic business.

JBCP’s long term growth drivers remain intact led by 1) geographical expansion of legacy brands 2) improvement in MR productivity 3) scale-up in acquired portfolio 4) launch of new products & therapies 5) rise of contract manufacturing business and 6) improvement in FCF generation.

We remain positive on SIEM from a long-term perspective given 1) its strong and diversified presence across industries through focus on electrification, digitalization & automation, 2) product localization, 3) strong balance sheet, 4) healthy public & private capex and 5) focus on cost efficiencies. The stock is currently trading at a PE of 63.0x/54.5x SY24/25E valuing it at PE of 60x SY25E (same as earlier).

PCBL Ltd. key Products/Revenue Segments include Carbon Black, Power, Export Incentives and Scrap for the year ending 31-Mar-2023.

ABB India Ltd., incorporated in the year 1949, is a Large Cap company (having a market cap of Rs 100354.51 Crore) operating in Engineering sector.

Metro Brands Ltd. key Products/Revenue Segments include Footwear and Other Operating Revenue for the year ending 31-Mar-2023.

Vijaya Diagnostic Centre Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 6613.64 Crore) operating in Hospitals & Allied Services sector.

Manappuram Finance Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 14740.66 Crore) operating in NBFC sector.

Siemens Ltd., incorporated in the year 1957, is a Large Cap company (having a market cap of Rs 142451.66 Crore) operating in Engineering sec