Category: Broker Research


The Company is driving an ambitious global expansion plan with expanding its core areas and diversifying into new businesses.Buy for an upside potential of ~22% from the current level with an investment horizon of 9-12 months.
April 19, 2018, 1:20 p.m.
Publisher: indianotes.com

We have revised ORL’s FY18 EPS upwards by 17.2% and by 17.6% for FY19. Yet severe fluctuations in raw material prices and stressed assets of Indian steel industry would be major irritants. We recommend ’buy’ rating on the stock with target price of Rs 201 (previous target Rs 157) based on 24x FY19e earnings.
April 18, 2018, 1:54 p.m.
Publisher: indianotes.com

The company’s flagship High Street Phoenix Mall – which commenced operations in 1999 in Mumbai – has increased rental income at a 12% CAGR over FY13-17.
April 18, 2018, 9:58 a.m.
Publisher: motilaloswal.com

We re-initiate coverage on South Indian Bank (SIB) with a BUY recommendation and a Price Objective of Rs 36 (target Adj P/BV multiple of 1.2x) implying an upside potential of ~36%.
April 17, 2018, 8:10 a.m.
Publisher: indianotes.com


Parag Milk Foods is one of the leading dairy products companies in India. The company has been successful in creating strong brands like GO, Gowardhan and in introducing new products like Whey Protein.
April 16, 2018, 12:45 p.m.

L&T Finance (LTFH) recently raised equity capital amounting to INR 30b, of which INR20b came from the parent (L&T).
April 16, 2018, 11:39 a.m.
Publisher: motilaloswal.com

HDFC is India's largest provider of housing finance, primarily focusing on retail housing.
April 15, 2018, 12:40 p.m.
Publisher: edelweiss.in

We initiate coverage on Eris as a BUY with a price target of Rs 1,060, representing a potential upside of 33% over the next 12 months.
April 13, 2018, 1:03 p.m.
Publisher: indianotes.com

BHE received orders of INR100b (42% decline) in FY18, lower than our estimate of INR160b primarily due to the Akash (7th Squadron) order slipping into 1QFY19.
April 13, 2018, 12:39 p.m.
Publisher: motilaloswal.com

Bajaj Electricals Ltd.: Detailed Analysis - FundsIndia
April 13, 2018, 11:05 a.m.