Category: Broker Research


We initiated on Dilip Buildcon (DBL) on April, 2017 with hypothesis of strong growth, good order book and improvement in balance sheet. However, the current stress in liquidity scenario and stress on the balance sheet has made us cautious and we recommend an exit at the current juncture.
Jan. 17, 2019, 11:35 a.m.
Publisher: edelweiss.in

Aurobindo Pharma (ARBP) would acquire seven marketed oncology products, intellectual property and commercial infrastructure from Spectrum Pharma for a consideration of USD300m, which includes an upfront payment of USD160m and a milestone-linked payment of USD140m.
Jan. 17, 2019, 11:32 a.m.
Publisher: motilaloswal.com

Orient Electric Ltd (OEL), a part of CK Birla group, is the second-largest fan manufacturers in India. Over the last one decade, OEL has transformed from a single product (fans) company into a complete lifestyle home solutions provider in the electrical segment (fans, light, appliances and switchgears).
Jan. 17, 2019, 11:25 a.m.
Publisher: edelweiss.in

HEG Ltd, incorporated in 1973 is a premier company of the LNJ Bhilwara group, is India’s leading graphite electrode manufacturer. It has one of the largest integrated Graphite Electrode plants in the world, processing sophisticated UHP (Ultra High Power) Electrodes.
Jan. 16, 2019, 12:09 p.m.
Author : AUM CAPITAL | Publisher: indianotes.com


Confidence Petroleum India Ltd (Confidence) is at point of inflexion on its growth trajectory. Emphasis on clean fuel usage for domestic consumption (LPG Cylinders), transport and industrials is a huge trigger for the gas economy.
Jan. 16, 2019, 12:01 p.m.
Author : None | Publisher: indianotes.com

PSP Projects Ltd (PSP) is an efficient and organised constructor in the medium ticket size institutional and industrial construction segment in and around Gujarat.
Jan. 16, 2019, 11:48 a.m.
Publisher: edelweiss.in

Tata Sponge Iron has reported mixed set of numbers wherein its consolidated revenue from operations has grown by 21.6% to Rs. 2608 Mn on YoY basis. However, EBITDA registered de-growth by 36.9% mainly due to sharp increase in raw materials cost by 49% on YoY basis.
Jan. 16, 2019, 11:27 a.m.

Cholamandalam Investment and Finance (CIFC) has successfully navigated the liquidity crisis, which is now a thing of the past.
Jan. 16, 2019, 11:22 a.m.
Publisher: motilaloswal.com

Company exports its products to almost 52 with offerings in US constitute of core brands like Nate’s, Ashoka, Truly Indian and PJ’s and in UK as Brand Soul.
Jan. 14, 2019, 12:48 p.m.

We are optimistic on Bajaj Finance’s (BAF) outlook, given its traction in multiple products, new initiatives in various business segments (on both the asset and liability sides) and able top management.
Jan. 14, 2019, 11:32 a.m.
Publisher: motilaloswal.com