Uttam Value Steels Ltd
|
|
- Veronica Walsh
- 5 years ago
- Views:
Transcription
1 Uttam Value Steels Ltd 31 st May, 2016 TABLE 1 MARKET DATA (STANDALONE) (As on 23 rd March, 2016) NSE Code UTTAMVALUE NSE Market Price ( ) 3.80 NSE Market Cap. ( Cr.) 2, Sector Steel Face Value ( ) Equity ( Cr.) week High/Low ( ) 5.10/2.70 Net worth ( Cr.) Business Group: TTM P/E N.A. Traded Volume (Shares) 6,83,556 Indian Private TTM P/BV 0.01 Traded Volume (lacs) Year of Incorporation 1970 Corporate Office: 4 th Floor, Uttam House, 69, P. D. Mello Road, Mumbai , Maharashtra Company Website: TABLE 2 PRICE PERFORMANCE Source Capitaline COMPANY BACKGROUND Uttam Value Steels Limited manufactures and markets steel and capital equipment products, and turnkey projects in India. It operates through Steel Products and Engineering Products segments. It provides hot rolled products, including HR coils, cut to length sheets, plates, and P&O sheets for defense, Indian railways, oil and gas, automobile, infrastructure projects, transmission tower, LPG cylinder manufacturers, and pre engineered building sectors; cold rolled full hard products comprising CRFH coils and sheets; galvanized hard corrugated sheets and galvanized soft coils; GP/GC sheets/coils; and engineering machinery. The Company was formerly known as Lloyds Steel Industries Limited and changed its name to Uttam Value Steels Limited in March Uttam Value Steels Limited was incorporated in 1970 and is based in Mumbai, India. The equity shares were suspended from trading w.e.f closing hours of trading 23 rd March, 2016 as per the circular by NSE. 23 rd March, th May, th May, 2014 % Change CAGR for 2 years 2016 vs vs 2014 Price ( ) % 44.65% 30.86% Trading Volume (Shares) (yearly avg.) 64,627 1,11,749 85, % 31.31% NSE Market Cap. (in Crore) 5, , , % 44.65% 30.86% Source Money Control 1 P AGE
2 TABLE 3 FINANCIALS ( Cr.) % Change CAGR for 2 years 2015 vs vs 2013 Net Worth % 48.34% 7.32% Current Assets 2, , , % 44.96% 23.52% Non Current Assets 2, , , % 33.76% 36.21% Total Assets 5, , , % 39.73% 29.60% Investments 1, , % 26.76% 14.87% Finance Cost % 53.46% 27.70% Long Term Liabilities % % 59.46% Current Liabilities 3, , , % 43.18% 31.28% Turnover 5, , , % 5.00% 10.60% Profit After Tax (PAT, Cr.) N.A. 9779% N.A. EPS ( ) N.A. N.A. N.A. Source Money Control/Annual Report Discussion as per Company: In the Annual Report for FY the Company has mentioned that the Company has achieved a Gross Turnover of ` 5, Crores in as against ` 7, Crores in the previous year, showing a declined by % over previous year. The operating EBIDTA for the year was ` Crores as against ` Crores in the previous year showing an increase by %. The Company posted a loss of ` Crores during the year as against a loss of ` Crores in the previous year after providing depreciation of ` Crores (Previous year ` Crores). In the Annual Report for FY the Company has mentioned that the Company has achieved a Gross Turnover of ` 7, crores in as against ` 6, crores in the previous year, showing a growth of 5.64 % over previous year. The operating EBIDTA for the year was ` crores as against ` crores in the previous year. The Company posted a loss of ` crores during the year as against a profit of ` 1.02 crores in the previous year after providing depreciation of ` crores (Previous year ` crores). In the Annual Report for FY the Company has mentioned that the Company has achieved a Gross Turnover of ` 6, crores in as against ` 4, crores in the previous period (9 months), showing a growth of 23 % over previous year. The operating EBIDTA for the year was ` 3,11.78 crores as against ` crores in the previous period (9 months). The Company posted a profit of ` 1.01 crores during the year as against a loss of ` crores in the previous period (9 months) after providing depreciation of ` crores (Previous period ` crores). AUDIT QUALIFICATIONS Audit Qualifications in last 3 years: The Auditors have not raised any qualifications in last three years. Response Comment Frequency of Qualifications The Auditors have not raised any qualifications. Have the auditors made any adverse remark in last 3 years? No 2 P AGE
3 TABLE 4: BOARD PROFILE (As on 31 st March, 2015) Regulatory Norms Company % of Independent Directors on the Board 50% 55.55% % of Promoter Directors on the Board 12.50% Number of Women Directors on the Board At least 1 1 Classification of Chairman of the Board Non Executive Promoter Director Is the post of Chairman and MD/CEO held by the same person? No Average attendance of Directors in the Board meetings (%) 92% Source Money Control/Annual Report Composition of Board: As per Regulation 17(i)(b) of the Listing Regulations, 2015, the Company should have at least 50% Independent Directors as the Chairman of the Board is a Promoter Non Executive Director. The Company as on 31 st March, 2015 has 55% of Independent Directors and hence, it met the regulatory requirements. Board Diversity: The Company has 9 directors out of which 8 are male and 1 is female. The Company is compliant as per Clause 17 of the Listing Regulations, 2015 regarding the requirement of at least one woman director. TABLE 5 FINANCIAL RATIOS Ratios Turnover Ratios Return Ratios Liquidity Ratios % Change 2015 vs vs 2013 Inventory Turnover % 15.05% Debtors Turnover % 73.42% Fixed asset Turnover % 21.50% Current Asset Turnover % 27.57% Operating Profit Margin 0.62% 1.48% 0.01% N.A. 14,133.49% Net Profit Margin 0.62% 1.48% 0.02% N.A. 9,318.08% Return on Assets (ROA) 0.61% 2.32% 0.03% N.A. 7,027.29% Return on Equity (ROE) 7.88% 41.29% 0.22% N.A. 18,836.58% Return on Capital Employed (ROCE) 9.02% 6.19% 10.62% 45.66% 41.71% Current Ratio % 1.24% Quick Ratio % 7.09% Cash Ratio % 11.98% Working Capital Turnover ratio N.A. N.A. N.A. N.A. N.A. Solvency Ratios Trading Ratios Debt to equity ratio % % Interest Coverage Ratio % 39.06% Market Cap / Sales % 4.77% Market Cap/ Net Worth % 93.57% Market Cap/PAT N.A. N.A. 2, N.A. N.A. Market Cap/EBITDA % 64.12% Trading Volume (shares) (avg. of 1 year) 62,244 1,34,147 64, % % Trading Volume (shares) (high in 1 year) 7,71,749 13,27,346 10,71, % 23.83% Trading Volume (shares) (low in 1 year) 3,216 8,074 2, % % Ratio High/low trading volume % 58.16% Ratio High/average trading volume % 40.62% Source Money Control 3 P AGE
4 TABLE 6 (A): OWNERSHIP & MANAGEMENT RISKS Shareholding Promoter shareholding Public Institutional shareholding Public Others shareholding Non Promoter Non Public Shareholding TABLE 6 (B): OWNERSHIP & MANAGEMENT RISKS Market Activity of Promoters Preferential issue to promoters Preferential issue to others GDRs issued by the Company Issue of ESOPs/Issue of shares other than Preferential allotment Source Annual Report Mar' 2016 Mar' 2015 Mar' 2014 Comments 46.12% 46.12% 51.02% 15.74% 15.90% 17.60% 38.15% 37.98% 31.38% 0.00% 0.00% 0.00% The promoter shareholding decreased from 51.02% as on Mar 14 to 46.12% as on Mar 15 due to preferential allotment of 12,70,96,774 Equity Shares to UD Industrial Holding Pte Ltd on 9 th April, The shareholding of public institution decreased from 17.6% to 15.85% and that of public others increased from 31.38% to 38.03% during the same period. The promoters have pledged 48.98% of their shareholding. The promoters have not sold/bought any shares in last three years. No preferential issue of shares was made to the promoters in last three years The Company issued 12,70,96,774 equity shares to UD Industrial Holding Pte Ltd during April 2015 through preferential allotment. The Company did not issue and GDRs during last three years The Company has not offered any Shares under Employee Stock Option/ Purchase Scheme in last three years. 4 P AGE
5 Glossary Equity: The equity shares capital of the Company Net Worth: The amount by which the Assets exceeds the liabilities excluding shareholders funds of the Company Turnover: The revenue earned from the operations of the Company EPS: Earning Per Share is net profit earned by the Company per share Profit After Tax Number of outstanding shares P/E ratio: It is the ratio of the Company s share price to earnings per share of the Company / Price of each share Earnings per share Current Assets: Cash and other assets that are expected to be converted to cash in one year Fixed Assets: assets which are purchased for long term use and are not likely to be converted quickly into cash, such as land, buildings, and equipment Total Assets: Current Assets + Fixed Assets Investments: An investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future. Finance Cost: The Financing Cost (FC), also known as the Cost of Finances (COF), is the cost and interest and other charges incurred during the year in relation to borrowed money. Long Term Liabilities: Long term liabilities are liabilities with a maturity period of over one year. Current Liabilities: A company's debts or obligations that are due within one year. Inventory Turnover ratio: Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period. Inventory Debtors Turnover: Accounts receivable turnover is an efficiency ratio or activity ratio that measures how many times a business can turn its accounts receivable into cash during a period Accounts recievables Fixed Asset Turnover: The fixed asset turnover ratio is a financial ratio of net sales to fixed assets Fixed Assets Current Asset Turnover: The current asset turnover ratio is a financial ratio of net sales to fixed assets Current Assets 5 P AGE
6 Operating Profit Margin: Operating margin is a measurement of what proportion of a Company s revenue is left over after paying for variable costs of production such as wages, raw materials etc. It can be calculated by dividing a Company s operating income (also known as operating profit ) during a given period by its sales during the same period. Operating profit Net Profit Margin: Net profit margin is the percentage of revenue left after all expenses have been deducted from sales Net profit Return on Assets: ROA tells you what earnings were generated from invested capital (assets) Net profit Total Assets Return on equity/net worth: return on equity (ROE) is the amount of net income returned as a percentage of shareholders equity. Net profit Net worth Return on Capital Employed: Return on capital employed (ROCE) is a financial ratio that measures a company's profitability and the efficiency with which its capital is employed. Net profit Total Debt Equity share capital Current ratio: The current ratio is a financial ratio that measures whether or not a firm has enough resources to pay its debts over the next 12 months. It compares a firm's current assets to its current liabilities. Current Assets Current Liabilities Quick ratio: The quick ratio is a measure of how well a Company can meet its short term financial liabilities. Current Assets Inventories Current Liabilities Cash ratio: The ratio of the liquid assets of a Company to its current liabilities. Current Assets Inventories Account Recievables Current Liabilities Working Capital Turnover ratio: The working capital turnover ratio is also referred to as net sales to working capital. It indicates a Company's effectiveness in using its working capital. Current Assets Current Liabilities Debt to Equity ratio: The debt to equity ratio (D/E) is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets. Interest Coverage ratio: The Interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a Company can pay interest on outstanding debt. 6 P AGE
7 Market Cap/Sales ratio: Market Cap/sales ratio, Price sales ratio, P/S ratio, or PSR, is a valuation metric for stocks. It is calculated by dividing the company's market cap by the revenue in the most recent year; or, equivalently, divide the per share stock price by the per share revenue. / Market Cap/ Net Worth ratio: It is a valuation ratio calculated by dividing Company s market cap to net worth. / Market Cap/ PAT ratio: It is a valuation ratio calculated by dividing Company s market cap to net profit. / Market Cap/ EBITDA ratio: It is a valuation ratio calculated by dividing Company s market cap to EBITDA. / Trading Volume (shares) (avg. of 1 year): Average number of shares/day traded in 1 year Trading volume (shares) (high in 1 year): Highest number of shares/day traded in 1 year Trading volume (shares) (minimum in 1 year): Lowest number of shares traded on any one day in 1 year 7 P AGE
8 DISCLAIMER Sources Only publicly available data has been used while making the factsheet. Our data sources include: BSE, NSE, SEBI, Capitaline, Moneycontrol, Businessweek, Reuters, Annual Reports, IPO Documents and Company Website. Company Informa on Analyst Cer fica on The analysts involved in development of this factsheet certify that no part of any of the research analyst s compensation was, is, or will be directly or indirectly related to the contents of this factsheet. Disclaimer While SES has made every effort and has exercised due skill, care and diligence in compiling this factsheet based on publicly available information, it neither guarantees its accuracy, completeness or usefulness, nor assumes any liability whatsoever for any consequence from its use. This factsheet does not have any approval, express or implied, from any authority, nor is it required to have such approval. The users are strongly advised to exercise due diligence while using this factsheet. This factsheet in no manner constitutes an offer, solicitation or advice to buy or sell securities, nor solicits votes or proxies on behalf of any party. SES, which is a not for profit Initiative or its staff, has no financial interest in the companies covered in this factsheet except what is disclosed on its website. The factsheet is released in India and SES has ensured that it is in accordance with Indian laws. Person resident outside India shall ensure that laws in their country are not violated while using this factsheet; SES shall not be responsible for any such violation. All disputes subject to jurisdiction of High Court of Bombay, Mumbai. SEBI Reg. No. INH This factsheet or any portion hereof may not be reprinted, sold, reproduced or redistributed without the written consent of Stakeholders Empowerment Services Contact Informa on Stakeholders Empowerment Services A 202, Muktangan, Upper Govind Nagar, Malad East, Mumbai Tel research@sesgovernance.com info@sesgovernance.com Research Analyst: Sumit Tank 8 P AGE
SECTOR: POWER GENERATION & DISTRIBUTION REPORTING DATE: 31 ST MAY, 2016 S E Power Ltd
S E Power Ltd 31 st May, 2016 TABLE 1 MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code SEPOWER NSE Market Price ( ) 6.20 NSE Market Cap. ( Cr.) 26.40 Sector Power Generation & Distribution Face
More informationOrbit Corporation Ltd
Orbit Corporation Ltd 1 st June, 2016 TABLE 1 MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code ORBITCORP NSE Market Price ( ) 5.55 NSE Market Cap. ( Cr.) 63.48 Sector Realty Face Value ( ) 10.00
More informationSVOGL Oil Gas & Energy Ltd
SVOGL Oil Gas & Energy Ltd 31 st May, 2016 TABLE 1 MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code SVOGL NSE Market Price ( ) 3.35 NSE Market Cap. ( Cr.) 151.74 Sector Crude Oil & Natural Gas
More informationSoma Textiles & Industries Ltd
31 st May, 2016 TABLE 1 MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code SOMATEX NSE Market Price ( ) 5.80 NSE Market Cap. ( Cr.) 17.54 Sector Textiles Face Value ( ) 10.00 Equity ( Cr.) 33.03
More informationSECTOR: REALTY REPORTING DATE: 31 ST MAY, 2016
31 st May, 2016 TABLE 1 MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code PRAENG NSE Market Price ( ) 6.65 NSE Market Cap. ( Cr.) 46.16 Sector Realty Face Value ( ) 10.00 Equity ( Cr.) 69.94 52
More informationSECTOR: TEXTILES REPORTING DATE: 1 ST JUNE, 2016 Patspin India Ltd
Patspin India Ltd 1 st June, 2016 TABLE 1 MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code PATSPINLTD NSE Market Price ( ) 8.60 NSE Market Cap. ( Cr.) 27.18 Sector Textiles Face Value ( ) 10.00
More informationSECTOR: STEEL REPORTING DATE: 31 ST MAY, 2016
Zenith Birla (India) Ltd 31 st May, 2016 TABLE 1 - MARKET DATA (STANDALONE) (As on 30 th May, 2016) NSE Code - ZENITHBIR NSE Market Price ( ) 0.75 NSE Market Cap. ( Cr.) 9.85 Sector - Steel Face Value
More informationBartronics India Ltd
Bartronics India Ltd NSE Code BARTRONICS TABLE 1 MARKET DATA (STANDALONE) (AS ON 22 ND NOVEMBER, 2017) Sector IT Software NSE Market Price (`) 15.70 NSE Market Cap. ( Cr.) 53.12 Face Value (`) 10.00 Equity
More informationSECTOR: CAPITAL GOODS NON-ELECTRICAL EQUIPMENT REPORTING DATE: 31 ST MAY, 2016
VKS Projects Ltd 31 st May, 2016 TABLE 1 - MARKET DATA (STANDALONE) (As on 30 th May, 2016) NSE Code - VKSPL NSE Market Price ( ) 0.05 NSE Market Cap. ( Cr.) 5.67 Sector - Capital Goods-Non Face Value
More informationSECTOR: REALTY REPORTING DATE: 31 ST MAY, 2016
MVL Ltd 31 st May, 2016 TABLE 1 - MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code - MVL NSE Market Price ( ) 0.35 NSE Market Cap. ( Cr.) 18.04 Sector - Realty Face Value ( ) 1.00 Equity ( Cr.)
More informationSECTOR: TEXTILES REPORTING DATE: 31 ST MAY, 2016 Alps Industries Ltd
Alps Industries Ltd 31 st May, 2016 TABLE 1 MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code ALPSINDUS NSE Market Price ( ) 5.30 NSE Market Cap. ( Cr.) 19.52 Sector Textiles Face Value ( ) 10.00
More informationFarmax India Ltd. Farmax India Ltd STAKEHOLDERS EMPOWERMENT SERVICES. SECTOR: FMCG REPORTING DATE: 31 ST MAY, 2016
31 st May, 2016 TABLE 1 - MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code - FARMAXIND NSE Market Price ( ) 0.15 NSE Market Cap. ( Cr.) 7.48 Sector - FMCG Face Value ( ) 1.00 Equity ( Cr.) 53.42
More informationREI Agro Ltd. REI Agro Ltd. STAKEHOLDERS EMPOWERMENT SERVICES. SECTOR: FMCG REPORTING DATE: 31 ST MAY, 2016
REI Agro Ltd 31 st May, 2016 TABLE 1 - MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code - REIAGROLTD NSE Market Price ( ) 0.40 NSE Market Cap. ( Cr.) 43.11 Sector - FMCG Face Value ( ) 1.00 Equity
More informationRavikumar Distilleries Ltd.
Ravikumar Distilleries Ltd. 31 st May, 2016 TABLE 1 MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code RKDL NSE Market Price ( ) 8.15 NSE Market Cap. ( Cr.) 19.54 Sector Alcoholic Beverages Face
More informationTree House Education & Accessories Ltd
Tree House Education & Accessories Ltd NSE Symbol - TREEHOUSE TABLE 1 - MARKET DATA (STANDALONE) (AS TRADED ON 22 ND FEBRUARY, 2019) Sector - Education NSE Market Price (`) 4.25 NSE Market Cap. ( Cr.)
More informationIndosolar Ltd. Source - Capitaline, TTM - Trailing Twelve Months,* As on 30 th September 2016, N.A. Not Applicable COMPANY BACKGROUND
Indosolar Ltd. NSE Code - INDOSOLAR TABLE 1 - MARKET DATA (STANDALONE) (AS ON 10 TH AUGUST, 20) Sector - Capital Goods - Electrical Equipment NSE Market Price (`) 6.60 NSE Market Cap. ( Cr.) 241.03 Face
More informationSECTOR: CERAMIC PRODUCTS REPORTING DATE: 1 ST JUNE, 2016 Euro Ceramics Ltd
Euro Ceramics Ltd 1 st June, 2016 TABLE 1 - MARKET DATA (STANDALONE) (As on 31 st May, 2016) NSE Code - EUROCERA NSE Market Price ( ) 2.95 NSE Market Cap. ( Cr.) 10.05 Sector - Ceramic Products Face Value
More informationSurana Industries Ltd
Surana Industries Ltd NSE Code - SURANAIND TABLE 1 - MARKET DATA (STANDALONE) (AS ON 10 TH AUGUST, 20) Sector - Steel NSE Market Price (`) 3.60 NSE Market Cap. ( Cr.) 18.38 Face Value (`) 10.00 Equity
More informationSpentex Industries Ltd
Spentex Industries Ltd. NSE Code - SPENTEX TABLE 1 - MARKET DATA (STANDALONE) (AS ON 10 TH AUGUST, 2017) Sector - Textiles NSE Market Price (`) 3.80 NSE Market Cap. ( Cr.) 36.36 Face Value (`) 10.00 Equity
More informationSTAKEHOLDERS EMPOWERMENT SERVICES SAMTEL COLOR LTD. SECTOR: CONSUMER DURABLES REPORTING DATE: 14 TH AUGUST, 2017
Samtel Color Ltd. NSE Code - SAMTEL TABLE 1 - MARKET DATA (STANDALONE) (AS ON 2 ND AUGUST, 2017) Sector - Consumer Durables NSE Market Price (`) 0.55 NSE Market Cap. ( Cr.) 5.13 Face Value (`) 10.00 Equity
More informationGMM Pfaudler Limited BUY. Performance Update CMP. `945 Target Price ` QFY2019 Result Update Industrial Machinery. Investment Period 12 Months
2QFY2019 Result Update Industrial Machinery October 26, 2018 GMM Pfaudler Limited Performance Update Standalone (` cr) Q2FY19 Q2FY18 % yoy Q1FY19 % qoq Net sales 99.2 93.2 29.8% 76.4 6.4% EBITDA 16.0 15.3
More informationInox Wind BUY. Performance Highlights. CMP Target Price `390 `505. 2QFY2016 Result Update Capital Goods. 3 year price chart
2QFY2016 Result Update Capital Goods October 27, 2015 Inox Wind Performance Highlights Quarterly Data (Consolidated) ( ` cr) 2QFY16 2QFY15 % chg (yoy) 1QFY16 % chg (qoq) Revenues 1,008 543 85.6 636 58.6
More informationVarroc Engineering Ltd.
IPO Note Auto ancillary June 25, 2018 Varroc Engineering Ltd. Varroc Engineering Ltd (VEL) is a tier-1 automotive component group. It designs, manufactures and supplies exterior lighting systems, plastic
More informationInox Wind BUY. Performance Highlights. CMP Target Price `242 `286. 4QFY2016 Result Update Capital Goods. 3 year price chart
4QFY216 Result Update Capital Goods May 11, 216 Inox Wind Performance Highlights Quarterly Data (Consolidated) ( ` cr) 4QFY16 4QFY15 % chg (yoy) 3QFY16 % chg (qoq) Total Income 1,829 93 96.6 941 94.2 EBITDA
More informationEverest Kanto Cylinder Ltd.
Industrial Goods CMP Rs. 82 August 16, 2011 BSE Code 532684 BSE ID EKC High/Low 1Y (Rs.) 133 / 68 Avg. vol (3m) 98,219 Market Cap (Rs Cr) 879 Net IB Debt (Rs Cr) 286 Enterprise value(rs Cr) 1,166 Shareholding
More informationKalpataru Power. Rating: Target price: EPS: Rating CMP. Target BUY. Rs Rs.256
: price: EPS: How does our one year outlook change? We expect KPP s revenue (standalone) to grow by 21% y-o-y in FY17E backed by an order book of Rs. 91bn (1.7x FY17E book-to-bill). Both Transmission line
More informationAmber Enterprises India Ltd
3QFY2019 Result Update Consumer Durable February 16, 2019 Amber Enterprises India Ltd Performance Update (` cr) 3QFY19 3QFY18 % yoy 2QFY19 % qoq Revenue 388.8 338.4 14.9 226.3 71.8 EBITDA 22.1 24.1 (8.2)
More informationParag Milk Foods BUY. Performance Update CMP. `256 Target Price `330. 2QFY2019 Result Update Dairy Products. Investment Period 12 Months
2QFY2019 Result Update Dairy Products November 6, 2018 Parag Milk Foods Performance Update Y/E March (` cr) Q2FY19 Q2FY18 % yoy Q1FY19 % qoq Net sales 573 505 13.7% 549 4.4% EBITDA 58 50 16.3% 60-2.7%
More informationKPR Mills Ltd 1QFY18 Result Update Target: Rs 944. Textile revenue impacted by slowdown due to GST, recovery from 2QFY18 onwards
KPR Mills Ltd 1QFY18 Result Update Target: Rs 944 Previous Rating: Accumulate Current Rating: Accumulate Textile revenue impacted by slowdown due to GST, recovery from 2QFY18 onwards CMP (Rs) 806 Target
More informationFuture Supply Chain Solutions Ltd
IPO Note Financials Dec 04, 2017 Future Supply Chain Solutions Ltd Incorporated in 2006, Future Supply Chain Solutions Ltd (FSCSL) is one of the largest third-party logistics service providers in India.
More informationMISHRA DHATU NIGAM Ltd.
IPO Note Metal Mar 19, 2018 MISHRA DHATU NIGAM Ltd. Incorporated in 1973, with an aim of achieving self-reliance in research and development, and supply of critical alloys and products of national security,
More informationMahindra & Mahindra Ltd.
Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 3QFY2019 Result Update Automobile February 15, 2019 Mahindra & Mahindra Ltd. Performance Update Y/E March (` cr)
More informationITC ACCUMULATE. Performance Highlights CMP. `257 Target Price `284. 3QFY2017 Result Update FMCG. Investment Period 12 Months
3QFY2017 Result Update FMCG January 30, 2017 ITC Performance Highlights Quarterly result (Standalone) (` cr) 3QFY17 3QFY16 % yoy 2QFY17 %qoq Revenue 9,248 8,867 4.3 9,661 (4.3) EBITDA 3,546 3,475 2.1 3,630
More informationNational Fittings Limited
National Fittings Limited Date: 13 th January, 2016 Stock Performance Details Shareholding Details September 2015 Current Price : ` 100.5^ Face Value : ` 10 per share 52 wk High / Low : ` 107.9 / 57.0
More informationACC BUY. Performance Highlights. CMP `1,397 Target Price `1,630. 3QCY2015 Result Update Cement
3QCY2015 Result Update Cement October 27, 2015 ACC Performance Highlights Quarterly results (Standalone) Y/E Dec (` cr) 3QCY2015 2QCY2015 % chg qoq 3QCY2014 % chg yoy Net revenue 2,740 2,961 (7.5) 2,742
More informationMahindra & Mahindra Ltd.
Nov-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 2QFY2019 Result Update Automobile November 15, 2018 Mahindra & Mahindra Ltd. Performance Update Y/E March (` cr)
More informationJindal Steel & Power BUY. CMP Target Price `200 `320. 1QFY2019 Result Update Steel & Power. Performance Update
Aug-15 Nov-15 Feb-16 May-16 Aug-16 Nov-16 Feb-17 May-17 Aug-17 Nov-17 Feb-18 May-18 Aug-18 1QFY2019 Result Update Steel & Power August 14, 2018 Jindal Steel & Power Performance Update INR Cr. Q1FY19 Q1FY18
More informationSandhar Technologies Limited
IPO Note Auto Ancillary Mar 15, 2018 Sandhar Technologies Limited Sandhar Technologies Ltd. is one of the leading auto component suppliers for safety and security systems such as lock assemblies, mirror
More informationCoal India ACCUMULATE. Performance Highlights CMP. `338 Target Price `380. Outlook and valuation. 2QFY2016 Result Update Mining
Coal India Performance Highlights (` cr) % yoy % qoq Net Sales 16,958 15,678 8.2 18,956 (1.5) EBITDA 3,8 2,556 17.7 4,944 (39.2) % margin 17.2 15.8 139bp 25.3 (813bp) Net Profit 2,519 2,188 15.2 3,787
More informationAmbuja Cements ACCUMULATE. Performance Highlights. CMP Target Price `207 `233. 3QCY2015 Result Update Cement. Quarterly results (Standalone)
Ambuja Cements Performance Highlights Quarterly results (Standalone) Y/E Dec. (` cr) 3QCY2015 2QCY2015 % chg qoq 3QCY2014 % chg yoy Net Sales 2,095 2,493 (16.0) 2,188 (4.2) EBIDTA 310 384 (19.2) 393 (21.2)
More informationQuick take. Ruchira Papers Ltd. BUY. Creating value through paper. Target Price. Investment Period 12 Months. 3 year daily price chart.
Ltd. Creating value through paper Limited (RPL) manufactures writing paper, printing paper and Kraft paper. The company's white writing and printing paper is used in making notebooks and writing material,
More informationProcter & Gamble Hygiene & Health Care
3QFY216 Result Update FMCG May 6, 216 Procter & Gamble Hygiene & Health Care Performance Highlights Quarterly Data (` cr) 3QFY16 3QFY15 % yoy 2QFY16 % qoq Revenue 614 555 1.5 714 (14.) EBITDA 133 123 8.5
More informationMaruti Suzuki India BUY. Performance Update. CMP `9,315 Target Price `10,820. 1QFY2019 Result Update Automobile. Historical share price chart
Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 May-16 Jul-16 Sep-16 Nov-16 Jan-17 Mar-17 May-17 Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 1QFY2019 Result Update Automobile July 27, 2018 Maruti Suzuki India Performance
More informationPower Mech Projects. Institutional Equities. 2QFY18 Result Update BUY. Strong Business Scalability Likely; Retain Buy
2QFY18 Result Update Power Mech Projects 23 November 217 Reuters: POMP.BO; Bloomberg: POWM IN Strong Business Scalability Likely; Retain Buy Power Mech Projects (PMPL) posted 2QFY18 consolidated revenues
More informationParag Milk Foods BUY. Performance Update CMP. `324 Target Price `410. 1QFY2019 Result Update Dairy Products. Investment Period 12 Months
1QFY2019 Result Update Dairy Products August 8, 2018 Parag Milk Foods Performance Update Y/E March (` cr) Q1FY19 Q1FY18 % yoy Q4FY18 % qoq Net sales 549 413 32.9 518 5.9 EBITDA 60 29 103% 55 8.4% EBITDA
More informationTata Elxsi Ltd. CMP: Rs. 1,192 Future Stallion.. BUY. Stock Data. Stock Performance (%) Company Update IT Software India Research
Company Update IT Software India Research Tata Elxsi Ltd. CMP: Rs. 1,192 Future Stallion.. BUY Nifty 10,742 Sensex 35,319 Nifty PE 26.66 Sensex PE 23.48 Stock Data Sector IT Software BSE Code 500408 NSE
More informationTata Steel NEUTRAL. Performance Highlights CMP. `226 Target Price - 2QFY2016 Result Update Steel. Investment Period - 3-year price chart
2QFY2016 Result Update Steel November 6, 2015 Tata Steel Performance Highlights Standalone (` cr) 2QFY16 2QFY15 yoy % 1QFY16 qoq % Net revenue 9,531 10,785 (11.6) 9,094 4.8 EBITDA 1,862 3,094 (39.8) 1,689
More informationGarware Wall Ropes ACCUMULATE. Performance Highlights CMP. `550 Target Price `618. 2QFY2017 Result Update Textile. Investment Period 12 months
2QFY217 Result Update Textile November 16, 216 Garware Wall Ropes Performance Highlights Quarterly Data (`cr) 2QFY17 2QFY16 % yoy 1QFY17 % qoq Revenue 232 214 8.5 225 3.3 EBITDA 4 26 5.9 31 29.4 Margin
More informationKEI Industries BUY. Performance Update. Target Price. 3QFY2018 Result Update Cable. Historical share price chart. Key Financials
3QFY2018 Result Update Cable January 25, 2018 KEI Industries Performance Update Y/E March (` cr) 3QFY18 3QFY17 % yoy 2QFY18 % qoq Net sales 889 715 24 749 19 EBITDA 84 77 10 76 11 EBITDA margin (%) 9.5
More informationCompany Overview. FY15 and recent performance. The company has operating profit of INR65.2m in Q2FY16. Table 1: Key financials
IT Software Products l BSE Research ABM Knowledgeware Ltd. The Varhad Group CMP: INR265.40 Stock data BSE code 531161 BSE ID ABMKNO Face value (INR) 10.0 No of shares (m) 10.0 Market cap (INRm) 2,654.3
More informationAdani Ports & SEZ Rating: Target price: EPS:
Adani Ports & SEZ : price: EPS: Volume traction continues in a seasonally good quarter; maintain Adani Ports & SEZ reported a good quarter with total operating revenues (standalone) of Rs. 8.02bn and PAT
More informationApollo Micro Systems Ltd
IPO Note Financials Jan 08, 2018 Apollo Micro Systems Ltd Incorporated in 1997, Apollo Micro Systems Limited (AMSL) is a Hyderabad based company engaged in the business of electronic, electro-mechanical,
More informationINDIAN OIL CORPORATION LIMITED RESEARCH
RESULTS REVIEW Indian Oil Corporation Ltd. Hold Share Data Market Cap Rs. 439.99 bn Price Rs. 369.0 BSE Sensex 15,185.32 Reuters Bloomberg Avg. Volume (52 Week) IOC.BO IOCL IN 0.19 mn 52-Week High/Low
More informationCMP: Rs Target: Rs. 394 Coverage Follow-Up: Hold. Investment Rationale
August 23, 2012 Cera Sanitaryware Ltd Strong growth prospects CMP: Rs. 353.50 Target: Rs. 394 Coverage Follow-Up: Hold Key Share Data Face Value (Rs.) 5 Equity Capital (Rs. Crs) 6.3 Market. Capitalization
More informationNewgen Software Technologies Ltd
IPO Note IT Jan 12, 2018 Newgen Software Technologies Ltd Incorporated in 1992, Newgen Software Technologies Limited (NSTL) is a New Delhi based IT company and a global provider of Business Process Management
More informationMusic Broadcast BUY. Performance Update. CMP Target Price `293 `475. 3QFY2019 Result Update Media. Stock Info Sector Market Cap (Rs cr) Media
Mar-17 May-17 Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 Jul-18 Sep-18 Nov-18 Jan-19 3QFY2019 Result Update Media January 31, 2019 Music Broadcast Performance Update Y/E March (` cr) 3QFY19 3QFY18 % yoy
More informationNEUTRAL. Neogen Chemicals Ltd. Issue Open: April 24, 2019 Issue Close: April 26, IPO Note Specialty Chemicals
IPO Note Specialty Chemicals April 22, 2019 Neogen Chemicals Ltd. NEUTRAL Issue Open: April 24, 2019 Issue Close: April 26, 2019 Neogen Chemicals Limited (NCL) is one of the leading Indian manufacturers
More informationMusic Broadcast BUY. Performance Update. CMP Target Price `329 `475. 2QFY2019 Result Update Media. Historical share price chart.
Mar-17 May-17 Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 Jul-18 Sep-18 2QFY2019 Result Update Media November 3, 2018 Music Broadcast Performance Update Y/E March (` cr) 2QFY19 2QFY18 % yoy 1QFY19 % qoq
More informationAmara Raja Batteries BUY. Performance Highlights. CMP `1,010 Target Price `1,167. 2QFY2017 Result Update Auto Ancillary. 3-year price chart
2QFY217 Result Update Auto Ancillary November 8, 216 Amara Raja Batteries Performance Highlights BUY CMP `1,1 Target Price `1,167 Y/E March (` cr) 3QFY16 3QFY15 % chg (yoy) 2QFY16 % chg (qoq) Net Sales
More informationBajaj Electricals. Institutional Equities. 3QFY15 Result Update
3QFY15 Result Update Institutional Equities Bajaj Electricals 13 February 2015 Reuters: BJEL.BO; Bloomberg: BJE IN Final Phase Of Transition Pain; Retain Buy Bajaj Electricals (BJE) posted 3QFY15 revenue
More informationHavells India. Q1FY18 Result Update Strong Sales growth; Margins decline. Sector: Consumer Durable CMP: ` 467. Recommendation: BUY
Havells India Q1FY18 Result Update Strong Sales growth; Margins decline Sector: Consumer Durable CMP: ` 467 Recommendation: BUY Market statistics Current stock price (`) 467 Shares O/S (cr.) 62.5 Mcap
More informationKEI Industries BUY. Performance Update. CMP Target Price `433 `508. 4QFY2018 Result Update Cable. Historical share price chart.
May- Aug- Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 4QFY2018 Result Update Cable May 21, 2018 KEI Industries Performance Update Y/E March (` cr) 4QFY18 4QFY17 % yoy 3QFY18
More informationGreenply Industries BUY. The plywood maker for growing India. Target Price. Initiating Coverage Plywood. 3-year price chart.
Initiating Coverage Plywood March 03, 2018 Greenply Industries The plywood maker for growing India Greenply Industries Ltd (GIL) manufactures plywood & allied products and medium density fibreboards (MDF).
More informationKey Highlights. YoY (% change) Q1FY10. QoQ % Particulars 2Q FY10 2Q FY09 Realizations per tone 31,899 53,436-40% 30,462 5% Source: Company
29th October, 2009 Key Data INR CMP 743 Target Price 646 Earlier target price 481 Bloomberg Code JSTL IN Reuters Code JSTL.BO BSE Code 500228 NSE Code JSWSTEEL Face Value (INR) 10 Market Cap (INR bn) 142
More informationCummins India Ltd Bloomberg Code: KKC IN
Company Update Margins Under Pressure; Domestic Recovery Underway Half-yearly revenue was flat; margins were under pressure: Cummins India revenue, EBITDA and PAT for H1FY17 reached to Rs.24,784mn, Rs.4,649mn
More informationGlance Finance Ltd. Other Financial Services. . Company Overview. Company Fundamentals. Key Strengths. CMP Rs BSE Code BSE ID
Other Financial Services Nov 15, 2012 CMP Rs. 19.55 BSE Code 531199 BSE ID GLANCE High/Low 1Y (Rs.) 35.15/ 16.55 Average Volume (3M) 279 Market Cap (Rs. Cr.) 6 Shareholding % Sep-12 Jun-12 Promoters 74.83
More informationMaruti Suzuki India BUY. Performance Update. CMP `6,705 Target Price `8,552. 2QFY2019 Result Update Automobile. Historical share price chart
Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 2QFY2019 Result Update Automobile November 3, 2018 Maruti Suzuki India Performance Update Y/E March (` cr) 2QFY19
More informationGoodyear India BUY. Company Update. CMP Target Price `515 `631. Company Update Tyres. 3-year Daily Price Chart. Key Financials
Company Update Tyres June 10, 2016 Goodyear India Company Update Expectation of normal monsoon to energize stagnant tractor demand: Goodyear India (GIL) is a leader in the farm tyre segment in India with
More informationD-Link India (DLILIM) 105
Company Update Rating matrix Rating : Buy Target : 140 Target Period : 18-24 months Potential Upside : 34% What s Changed? Target Changed from 150 to 140 EPS FY18E Changed from 11.4 to 9.5 EPS FY19E Introduced
More informationBirla Precision Technologies
Industrial Machinery September 21, 2012 CMP Rs. 6.67 BSE Code 522105 BSE ID BIRLAPREC High/Low 1Y (Rs.) 9.0 / 4.0 Average Volume (3M) 9 Market Cap (Rs. Cr.) 21 Shareholding % Jun-12 Mar-12 Promoters 54.25
More informationSwaraj Engines. Institutional Equities. 2QFY18 Result Update ACCUMULATE
2QFY18 Result Update Institutional Equities Swaraj Engines 13 November 2017 Reuters: SWAR.BO; Bloomberg: SWE IN Strong Realisation Drives Earnings Growth Swaraj Engines (SEL) 2QFY18 earnings were 5% above
More informationAmbuja Cements NEUTRAL. Performance Highlights CMP. `184 Target Price - 2QCY2012 Result Update Cement. Quarterly results (Standalone)
2QCY2012 Result Update Cement Ambuja Cements Performance Highlights Quarterly results (Standalone) Y/E Dec. (` cr) 2QCY2012 1QCY2012 % chg qoq 2QCY2011 % chg yoy Net Sales 2,566 2,633 (2.6) 2,173 18.1
More informationIPO Report ICICI SECURITIES LTD SUBSCRIBE. Valuation. IPO Details. Research Analyst : Astha Jain
IPO Report ICICI SECURITIES LTD SUBSCRIBE IPO Details Issue Date 22 nd Mar-26 th Mar 2018 Price Band 519-520/Share Bid Lot 28 & in multiplethereof Face Value Rs 5/Share Listing BSE, NSE Offer For Sale
More informationAvenue Supermarts Limited
IPO Note Retail March 4, 2017 Avenue Supermarts Limited A retailer with a growth appetite Avenue Supermarts Ltd (ASL), founded in 2002, is the owner of well established supermarket chain D-Mart. ASL is
More informationGeneral Insurance Corporation of India Ltd.
General Insurance Corporation of India Ltd. Reco: Subscribe 10 th October, 2017 Fresh Issue of 1.72 Crore Equity Shares & Offer For Sale of 10.75 Crore Equity Shares of FV Rs 5/- each (Rs. 11,372 Crs)
More informationQuick take. Aditya Birla Nuvo BUY. Deep Value. Valuation Methodology. Exhibit 1: ABNL s Business Structure
Deep Value Quick take BUY CMP Rs811 Target Price Rs1,166 (ABNL), a diversified business conglomerate, emerged from the three-way merger of Indian Rayon, Birla Global Finance and Indo Gulf in 2005. ABNL
More informationBata India BUY. Performance Update. CMP Target Price `842. 1QFY2019 Result Update Footwear. Historical share price chart.
Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 1QFY2019 Result Update Footwear July 23, 2018 Bata India Performance Update Y/E March (` cr) 1QFY19 1QFY18 % yoy
More informationApollo Hospitals Enterprise Ltd.
Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17. Volume No.. I Issue No. 154 Apollo Hospitals Enterprise Ltd. December 19, 2017 BSE Code: 508869 NSE Code: APOLLOHOSP
More informationCMP Rs. 27. Usha Martin Limited. Iron & Steel. Key highlights of the quarter and FY12
Iron & Steel CMP Rs. 27 May 1, 212 BSE Code 517146 BSE ID USHAMARTIN High/Low 1Y (Rs.) 6 / 22 Avg. vol (3m) 122,74 Market Cap (Rs Cr) 812 Net IB Debt (Rs Cr) 1,943 Enterprise value(rs Cr) 2,755 Shareholding
More informationBharat Dynamics Ltd SUBSCRIBE. Issue Open: Mar 13, 2018 Issue Close: Mar 15, IPO Note Defence. Key Financials
IPO Note Defence Mar 09, 2018 Bharat Dynamics Ltd Incorporated in 1970, Bharat Dynamics Limited (BDL), a Government of India (GOI) Enterprise under the Ministry of Defense (MOD) was established in Hyderabad
More informationStill on track. Exhibit 1: ICT is on track for FY09E
Country: India Sector: Indian Education Diviya Nagarajan Diviya.Nagarajan@jmfinancial.in Tel: (91 22) 6630 3066 Subhashini Gurumurthy Subhashini.Gurumurthy@jmfinancial.in Tel: (91 22) 6630 3069 Price:
More informationInstitutional Equities
Management Meet Update Institutional Equities Kaya Reuters: KAYA.NS; Bloomberg: KAYA IN We interacted with the management of Kaya at an investor conference held by us recently. Following are the key takeaways:
More informationTransport Corporation of India Ltd.
Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 January 31, 2013 COMPANY RESULTS REPORT REVIEW Nifty: 6,035; Sensex: 19,895 CMP Target Price Rs71 Rs66 Potential
More informationHero MotoCorp ACCUMULATE. Performance Highlights. CMP `3,226 Target Price `3,466. 3QFY2017 Result Update Automobile. 3-year price chart
3QFY2017 Result Update Automobile February 14, 2017 Hero MotoCorp Performance Highlights ACCUMULATE CMP `3,226 Target Price `3,466 Y/E March (` cr) 2QFY17 2QFY16 % chg (yoy) 1QFY17 % chg (qoq) Investment
More informationRallis India NEUTRAL. Performance Highlights CMP. `242 Target Price - 4QFY2017 Result Update Agrichemical. Investment Period - 3-year price chart
Jan-12 Jul-12 Jan-13 Jul-13 Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 4QFY2017 Result Update Agrichemical May 2, 2017 Rallis India Performance Highlights Y/E March (` cr) 4QFY2017 3QFY2017 % chg
More informationTRACK RECORD OF THE PUBLIC ISSUES. HDFC Standard Life Insurance Company Limited. 2. Issue Size (Rs. Cr) INR 8, Cr.
TRACK RECORD OF THE PUBLIC ISSUES Name of the Issue: HDFC Standard Life 1. Type of Issue (IPO/FPO) IPO 2. Issue Size (Rs. Cr) INR 8,695.00 Cr 3. Grade of issue along with name of the rating agency Name
More informationTV Today Network BUY. Performance Update CMP. `323 Target Price `498. 3QFY2019 Result Update Media. Investment Period 12 Months
Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 3QFY2019 Result Update Media February 14, 2019 TV Today Network Performance Update Y/E March (` cr) 3QFY19 3QFY18
More informationRallis India NEUTRAL. Performance Highlights CMP. `215 Target Price - 3QFY2017 Result Update Agrichemical. Investment Period - 3-year price chart
3QFY2017 Result Update Agrichemical January 25, 2017 Rallis India Performance Highlights Y/E March (` cr) 3QFY2017 2QFY2017 % chg (qoq) 3QFY2016 % chg (yoy) Net sales 326 540 (39.7) 306 6.5 Other income
More informationRESEARCH. Best Buy - 90 Investment Highlights: Key Indicators as on 04/09/2015. Company stands to gain if GDP improves
RESEARCH EIH Ltd. Key Indicators as on 04/09/2015 Source: Ace Equity Closing Price (`) 100.15 EPS (`) - TTM 1.94 P/E - TTM 51.67 BV per Share (`) 45.66 PB 2.19 Yield (%) 1.10 Mkt Cap (` Crore) 5724.57
More informationHCC BUY. Infrastructure April 10, QIP step in the right direction EVENT UPDATE. India Research. Bloomberg: HCC IN Reuters: HCNS.
Jan-14 Mar-14 Apr-14 May-14 Jul-14 Aug-14 Sep-14 Nov-14 Dec-14 Jan-15 India Research Infrastructure April 10, 2015 EVENT UPDATE Bloomberg: IN Reuters: HCNS.BO BUY QIP step in the right direction has successfully
More informationS R K Industries Ltd. BSE Scrip Code:
S R K Industries Ltd. BSE Scrip Code: 531307 Textiles March 15, 2013 Equity Statistics Current Market Price Rs. 28.4 52 Week High/Low Rs. 32.65/2.90 Market Capitalisation Rs. Crores 10.71 Free Float Rs.
More informationAster DM Healthcare Ltd
IPO Note Healthcare Feb 08, 2018 Aster DM Healthcare Ltd Aster DM Healthcare Ltd (ADHL) is one of the largest private healthcare service providers which operates in multiple GCC states and is an emerging
More informationCompany Overview. FY15 and recent performance. Table 1: Key financials. Source: Company, Varhad Research
Electronic Components l BSE Research SPEL Semiconductor Ltd. CMP: INR13.88 Stock data BSE code 517166 BSE ID SPELS Face value (INR) 10.0 No of shares (m) 46.1 Market cap (INRm) 640.1 3m avg. daily vol
More informationCrompton Greaves. Institutional Equities. 4QFY15 Result Update ACCUMULATE. Overseas Losses Continue; More Business Exits Likely
4QFY15 Result Update Crompton Greaves 29 May 2015 Reuters: CROM.BO; Bloomberg: CRG IN Overseas Losses Continue; More Business Exits Likely The 4QFY15 performance of Crompton Greaves (CGL) was below expectation
More informationLarsen & Toubro Ltd.
Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Volume No.. III Issue No. 163. Larsen & Toubro Ltd. February 26, 2018 BSE Code: 500510 NSE Code: LT Reuters Code:
More informationQuick take. VIP Industries BUY. Travelling smart on the luggage track. CMP Target Price `153 ` year daily price chart
Travelling smart on the luggage track Ltd (VIP) is engaged in the manufacturing of hard and soft luggage both. VIP's brands include Carlton, VIP Bags, Skybags, Aristocrat, Alfa and Caprese and its product
More informationMRF BUY. Performance Highlights. CMP `9,407 Target Price `11,343. Company Update Automobile. Key financials
Company Update Automobile February 22, 212 MRF Performance Highlights Y/E Sept. (` cr) 1QSY12 1QSY11 % chg (yoy) 4QSY11 % chg (qoq) Net sales 2,875 2,167 32.7 2,62 9.8 EBITDA 258 243 5.9 181 42.6 EBITDA
More informationKey estimate revision. Financial summary. Year FY16E 29, % 3,583 2, FY17E 26, % 3,478 2,
: price: EPS: How does our one year outlook change? We maintain our negative stance on SKF India due to the absence of significant growth momentum drivers over the medium term. While railways could be
More informationKey estimate revision. Financial summary. Year FY14 391,088 45,198 34, FY15E 354,262 35,426 23,
: price: EPS: How does our one year outlook change? We retain our negative stance on the stock. We expect s revenue to de-grow by 9% y-o-y on the back of muted execution (client side and clearance delays)
More informationE&P To Stay Strong; Consumer Segment To Revive
Management Meet Update Institutional Equities Bajaj Electricals 30 August 2017 Reuters: BJEL.BO; Bloomberg: BJE IN E&P To Stay Strong; Consumer Segment To Revive We had a meeting with the management of
More information