Equity Research Reports

Our View

Buy

Target Price:

79,975.00

Reco. Price

68,500.00

Search Report

Selected Nature: Company Name:All | Our View:All | Sector:All
  • Larsen & Toubro Infotech Ltd

    Invest Now

    Our View

    Buy

    Target Price

    2,051.00

    Reco Price

    1,632.00

    Download

    PDF

    L&T Infotech is India’s sixth-largest IT services company with US $1bn in revenues. It has 312 active clients of which, 61 are fortune 500 clients....More

  • Jubilant Life Sciences Ltd

    Invest Now

    Our View

    Buy

    Target Price

    851.00

    Reco Price

    689.00

    Download

    PDF

    Jubilant Life Sciences (JLS), an integrated global pharma/life sciences company, aims to grow its revenue with ramp-up of Ruby-fill, monopoly in venom products, higher demand for lyophilization services, and improving ingredients business. We forecast revenue and adj. PAT CAGR of 15.7% and 18.4% respectively over...More

  • Indian Energy Exchange Ltd

    Invest Now

    Our View

    Buy

    Target Price

    1,956.00

    Reco Price

    1,600.00

    Download

    PDF

    The Indian Energy Exchange (IEX) reported the highest monthly trading volumes in September 2018 (5.9bn units, up 39.7% yoy). This rise in volumes was due to higher power demand as well as IEX increasing its market share in power trading. IEX continues to remain the...More

  • Aurobindo Pharma Ltd

    Invest Now

    Our View

    Buy

    Target Price

    931.00

    Reco Price

    801.00

    Download

    PDF

    We had recommended Buy on Aurobindo in May 2018 (our monthly report and model portfolio in) at Rs622; at the CMP, stock has delivered 29% returns since recommendation. We have updated our estimates on Aurobindo Pharma after it has acquired the generic and dermatology business...More

  • Divis Laboratories Ltd

    Invest Now

    Our View

    Buy

    Target Price

    1,696.00

    Reco Price

    1,290.00

    Download

    PDF

    Divi's Laboratories (DIVISLAB) has been trading with an upward bias since June 2017 resulting in a “Cup and Handle” pattern formation, implying an extension of an already existing uptrend. The whole pattern took almost 24-months to complete, however, the cup was formed in the...More

  • Tata Investment Corporation Ltd

    Invest Now

    Our View

    Buy

    Target Price

    930.00

    Reco Price

    785.00

    Download

    PDF

    Tata Investment Corporation Limited is trading in a strong long term higher top higher bottom chart structure, indicating a positive bias according to the Dow Theory. Tracking the long term chart, the stock has given a bullish Ascending Triangle chart pattern breakout on the weekly...More

  • Maruti Suzuki India Ltd

    Invest Now

    Our View

    Buy

    Target Price

    11,095.00

    Reco Price

    9,347.00

    Download

    PDF

    After enjoying an unabated run since March 2016 for almost 7 quarters till December 2017, Maruti had entered into phase of time as well as price correction. We have observed almost 17% price erosion over the past five months, however the stock never broke below...More

  • Bajaj Holdings & Investment Ltd

    Invest Now

    Our View

    Buy

    Target Price

    3,474.00

    Reco Price

    2,940.00

    Download

    PDF

    Bajaj Holdings Limited is trading in a strong long term higher top higher bottom chart structure, indicating a positive bias according to the Dow Theory. Tracking the long term chart, the stock has given a bullish Flag pattern breakout on the monthly chart with rising...More

  • Zee Entertainment Enterprises Ltd

    Invest Now

    Our View

    Buy

    Target Price

    691.00

    Reco Price

    539.00

    Download

    PDF

    Zee Entertainment Enterprises Ltd (ZEEL), one of the largest broadcasting houses in India is set to benefit from its newly launched digital platform ZEE5 and its collaboration with telcos. Further, it is also considering to enter into new Malayalam market in FY19E. Hence, we forecast...More

  • Cyient Ltd

    Invest Now

    Our View

    Buy

    Target Price

    894.00

    Reco Price

    746.00

    Download

    PDF

    Cyient, a mid-sized IT company, would post robust growth as it transforms to a full scale solutions company. Cyient’s S3 strategy would expand its offering and enable it to garner higher wallet share of client’s spends. Traction in transportation and communications verticals along with strategic...More

  • Shriram Transport Finance Company Ltd

    Invest Now

    Our View

    Buy

    Target Price

    1,851.00

    Reco Price

    1,466.00

    Download

    PDF

    Shriram Transport Finance (SHTF) is one of the key beneficiaries of cyclical rebound in rural economy and commercial vehicle upcycle. AUM growth, sharp recovery in earnings, better EPS trajectory and RoE improvement provides a case for further re-rating in the stock. We believe the company’s...More

  • Torrent Pharmaceuticals Ltd

    Invest Now

    Our View

    Buy

    Target Price

    1,648.00

    Reco Price

    1,401.00

    Download

    PDF

    Torrent Pharma acquired Unichem Laboratories in November 2017, which de-risks it's overall business. Unichem is likely to contribute 12.5%/10% of total revenue/EBITDA in FY20E. We expect Torrent's FY20E revenue/EBITDA to grow 13%/48% yoy organically due to strong domestic business, ANDA monetization in US, outperformance in...More

  • Indian Energy Exchange Ltd

    Invest Now

    Our View

    Buy

    Target Price

    1,956.00

    Reco Price

    1,635.00

    Download

    PDF

    Indian Energy Exchange (IEX) is the dominant power exchange (~97% market share in FY18). We expect IEX to see a 14.9% CAGR in trading volumes due to revival in power demand as well as growing market share in power trading. Revival in power demand would...More

  • India Nippon Electricals Ltd

    Invest Now

    Our View

    Buy

    Target Price

    700.00

    Reco Price

    553.00

    Download

    PDF

    India Nippon Electricals (INEL) is among the leading manufacturers of electronic ignition systems for 2W, 3Ws and portable generator sets. We expect INEL’s EBITDA margin to expand 93bps over FY18-20E owing to addition of higher margin products to its portfolio. Strong underlying demand for 2/3Ws...More

  • Sterlite Technologies Ltd

    Invest Now

    Our View

    Buy

    Target Price

    398.00

    Reco Price

    328.00

    Download

    PDF

    Sterlite Technologies Limited has given a sharp recovery from its recent low by forming a bullish hammer candlestick pattern on the weekly chart. Currently, the stock is trading near its rising trend-line support drawn from October 2017 and is on the verge of giving a...More

  • Prataap Snacks Ltd

    Invest Now

    Our View

    Buy

    Target Price

    1,720.00

    Reco Price

    1,399.00

    Download

    PDF

    Prataap Snacks (Prataap), popularly known for its brand Yellow Diamond, is an emerging player in the Indian Snacks industry with ~6% market share. Given the scale of business, it is attractively placed to tap the huge opportunity in Rs22,000cr organized snacks industry. We estimate Prataap...More

  • Mahindra & Mahindra Financial Services Ltd

    Invest Now

    Our View

    Buy

    Target Price

    572.00

    Reco Price

    463.00

    Download

    PDF

    M&M Financial Services (MMFS) is a key beneficiary of cyclical rebound in rural economy. We believe the company’s GNPA and credit cost would decline with improving collection efficiency, aiding earnings. Its GNPA is expected to decline by 310bps to 8.5% over FY17-20E (from 11.6% in...More

  • Nestle India Ltd

    Invest Now

    Our View

    Buy

    Target Price

    9,265.00

    Reco Price

    7,798.00

    Download

    PDF

    Nestle is a classic case of higher top higher bottom structure. After hitting lows of Rs6,887 in February 2018, the stock maintained its upward structure post finding support at its long term 200-DMA. Since then Nestle has surpassed its medium as well as short term...More

  • Rupa & Company Ltd

    Invest Now

    Our View

    Buy

    Target Price

    549.00

    Reco Price

    436.00

    Download

    PDF

    Rupa Limited is trading in a strong higher top higher bottom chart structure on the monthly chart. Recently, the stock is in a corrective move of its inherent impulse price action, which started from Rs 241 to Rs 589.9 in the span of 6 months....More

 
Calendar
Mon Tue Wed Thu Fri Sat Sun
26 27 28 29 30 31 01