Buy United Spirits, target price Rs 860: Religare Broking - over 1 year ago
United Spirits, incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 58751.77 Crore) operating in Beverages - Alcoholic sector.
Economic Times

Buy Can Fin Homes, target price Rs 710: Religare Broking - over 1 year ago
Can Fin Homes, incorporated in the year 1987, is a Mid Cap company (having a market cap of Rs 8774.86 Crore) operating in NBFC sector.
Economic Times

Buy Gujarat Narmada Valley Fertilizers & Chemicals, target price Rs 690: Religare Broking - over 1 year ago
Gujarat Narmada Valley Fertilizers & Chemicals, incorporated in the year 1976, is a Small Cap company (having a market cap of Rs 9999.64 Crore) operating in Fertilisers sector.
Economic Times

Buy L&T Finance Holdings, target price Rs 108: Religare Broking - over 1 year ago
L&T Finance Holdings, incorporated in the year 2008, is a Large Cap company (having a market cap of Rs 24375.17 Crore) operating in NBFC sector.
Economic Times

Add Hindustan Aeronautics, target price Rs 3385: ICICI Securities - over 1 year ago
ICICI Securities has downgraded Hindustan Aeronautics Ltd. (HAL) to an add call with a target price of Rs 3385.0. While the company has strong order book potential, execution is crucial. The current market price of HAL is Rs 3022.6, and the revised target price represents a 14% upside from the current level. In Q1 2023, HAL reported a consolidated total income of Rs 13216.90 crore, up 114.47% from the previous quarter and up 9.58% from the same quarter last year.
Economic Times

Buy Sharda Cropchem, target price Rs 625: Anand Rathi - over 1 year ago
Anand Rathi has given a buy call on Sharda Cropchem Ltd. with a target price of Rs 625.0, while the current market price of the company stands at Rs 502.9. Sharda Cropchem Ltd. is a Small Cap company in the pesticides/agrochemicals sector and has a market cap of Rs 4539.44 Crore. Despite the current global demand challenges, Sharda Cropchem Ltd, with its unique business model, good registration pipeline, and expanding product range in each region, is confident of its future performance.
Economic Times

Buy Tata Motors, target price Rs 590: Motilal Oswal Financial Services - over 1 year ago
Motilal Oswal Financial Services has issued a buy call for Tata Motors Ltd. with a target price of Rs. 590, citing that Tata Motors will benefit from the commercial vehicle upcycle and stable growth in passenger cars, as well as company-specific volume and margin drivers.
Economic Times

Buy Cipla, target price Rs 1,090: ICICI Direct - over 1 year ago
ICICI Direct has issued a buy call on Cipla with a target price of Rs 1090, higher than the current market price of Rs 914.45. Analysts project that Cipla’s price may reach the defined target within a year. Its focus on its core respiratory franchise and other niche launches in the US, along with a calibrated focus on core therapies in India and a shift to private markets from tenderised models in other export markets, all support the buy rating. In the latest quarter, Cipla reported consolidated total income of Rs 5,873.93 crore, with a net profit after tax of Rs 523.12 crore.
Economic Times

Hold Sapphire Foods India, target price Rs 1380: Emkay Global Financial Services - over 1 year ago
Emkay Global Financial Services has issued a hold call on Sapphire Foods India with a target price of Rs 1380, which is expected to be achieved within a year. The company's Q4 EBITDA is 7-11% below the street's estimates. While food products and other operating revenue are the key products and revenue segments for Sapphire Foods India, persisting weak macros have led to low SSG for KFC/PH. The company, however, remains optimistic about its near-term recovery and the rollout of new innovations. The company has posted Q4 consolidated total income of Rs 571.80 Crore, and its net profit after tax for the same quarter is Rs 135.48 Crore.
Economic Times

Buy Avenue Supermarts, target price Rs 4,447: Prabhudas Lilladher - over 1 year ago
Prabhudas Lilladher has a buy call on Avenue Supermarts with a target price of Rs 4447, down from Rs 4561, following a disappointing margin performance. It has cut EPS estimates for FY24/25 by 4/5%. The company reported a total income of Rs 10627.18 crore for the quarter ended 31-03-2023, down 8.39% from the last quarter. The company has a total of 65 crore shares outstanding, and promoters hold 74.93% stake.
Economic Times

Reduce Dr. Lal Pathlabs, target price Rs 1875: Yes Securities - over 1 year ago
Reduce Dr. Lal Pathlabs at a price target of Rs 1875.
Economic Times

Buy HG Infra Engineering, target price Rs 1202: Yes Securities - over 1 year ago
Buy HG Infra Engineering at a price target of Rs 1202.
Economic Times

Add Castrol India, target price Rs 130: Yes Securities - over 1 year ago
Castrol India's total income has grown 9.69% to Rs 1311.50 crore, with a net profit after tax of Rs 202.50 crore for the quarter ending on March 31.
Economic Times

Add Gujarat Gas, target price Rs 545: Yes Securities - over 1 year ago
Gujarat Gas, a mid-cap company in the Gas & Petroleum sector, reported a consolidated total income of Rs 3,960.36 crore for the quarter ended 31-03-2023, with a net profit after tax of Rs 369.21 crore. The company reduced PNG-I prices for Morbi consumers to stay competitive and recorded an increase in CNG sales due to a reduction in state VAT on CNG and lower domestic APM price.
Economic Times

Buy Ujjivan Small Finance Bank, target price Rs 30: ICICI Securities - over 1 year ago
The bank shows strong growth momentum, projecting over 25% AUM growth and over 22% RoE for FY24. The bank's stressed asset pool is reducing, with GNPA and the restructured book falling to 3.2% in Q4FY23 from 8% in Q1FY23, while SMA pool has been further cut to 1.2% in Mar'23.
Economic Times

Buy Gujarat State Petronet, target price Rs 289: ICICI Securities - over 1 year ago
Gujarat State Petronet reported a consolidated total income of Rs 4315.09 crore for the quarter ending on March 31, 2023, with a net profit of Rs 560.80 crore. With the recent decline in spot LNG prices and higher domestic supply, the company's earnings are expected to recover steadily in the next two years.
Economic Times

Buy JM Financial, target price Rs 65: ICICI Securities - over 1 year ago
ICICI Securities has recommended a buy call on JM Financial, with a target price of Rs 65. Despite reporting a consolidated total income of Rs 871.16 crore for the quarter ended 31-03-2023, which is down 7.92% from the previous quarter, the company is expected to perform well in FY24E with sustained growth in its lending business and anticipated recoveries from the ARC segment.
Economic Times

Buy Eicher Motors, target price Rs 4030.0: Prabhudas Lilladher - over 1 year ago
Eicher Motors has reported a consolidated total income of Rs 4009.83 crore in the quarter ended 31-03-2023, with a net profit after tax of Rs 732.20 crore. Eicher Motors' growth prospects include volume growth from new products, higher export revenue mix, and an increase in the mix of spares and merchandise revenue to support revenue growth and margin expansion.
Economic Times

Accumulate Asian Paints, target price Rs 3360: Prabhudas Lilladher - over 1 year ago
Prabhudas Lilladher has upgraded its EPS estimates for Asian Paints due to the strong demand outlook and higher EBITDA margins in FY24/25. The report cited a 16% increase in volumes during 4Q23, along with stable product pricing and benign raw material costs as drivers of margin expansion.
Economic Times

Buy Godrej Consumer Products, target price Rs 1130: Motilal Oswal - over 1 year ago
Buy Godrej Consumer Products at a price target of Rs 1130.0 .
Economic Times