Sumitomo Chemical India Ltd., incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 20167.98 Crore) operating in Pesticides/Agro Chemicals sector.

Bayer Cropscience Ltd., incorporated in the year 1958, is a Mid Cap company (having a market cap of Rs 24951.18 Crore) operating in Pesticides/Agro Chemicals sector.

ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 576280.96 Crore) operating in Tobacco sector.

Indian Railway Catering & Tourism Corporation Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 71000.00 Crore) operating in Tourism & Hospitality sector.

Ceat Ltd., incorporated in the year 1958, is a Mid Cap company (having a market cap of Rs 9817.24 Crore) operating in Tyres sector.

Page Industries Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 43137.50 Crore) operating in Apparels sector.

Gujarat Gas Ltd., incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 31290.77 Crore) operating in Gas & Petroleum sector.

Endurance Technologies Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 26529.01 Crore) operating in Auto Ancillaries sector.

Torrent Power Ltd. key Products/Revenue Segments include Income From Power Supply, Traded Goods and Other Operating Revenue for the year ending 31-Mar-2023.

GAIL (India) Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 103294.82 Crore) operating in Gas & Petroleum sector.

LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 28999.32 Crore) operating in NBFC sector.

Matrimony.com Ltd., incorporated in the year 2001, is a Small Cap company (having a market cap of Rs 1239.57 Crore) operating in Services sector.

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.