Category: Broker Research

Mahindra & Mahindra’s (M&M) in-line Q3FY19 performance (INR17.2bn EBITDA, flat YoY) was commendable compared to Maruti’s and Bajaj’s below estimate numbers.
April 12, 2019, 11:59 a.m.

YBL had posted quite a good numbers for Q3. Bank in its Q3 FY19 earnings had given credit cost guidance of 80bps for FY19 (including any further provisioning related to IL&FS group).
April 11, 2019, 1:15 p.m.

MM’s core business faces headwinds in the form of (a) an uncertain tractor demand outlook due to the cyclical downturn and the initial forecast of El Nino.
April 11, 2019, 12:40 p.m.

Mahindra CIE (MHCIE) has released its CY2018 Annual report. During CY18, MHCIE has displayed strong operating performance and further strengthened its consolidated balance sheet.
April 11, 2019, 12:06 p.m.

We visited the L&T Finance Holdings key real estate project site of Supertech in the Noida Region. L&T Finance (LTFH) has an exposure across 3 Supertech projects of Cape Town (Central Noida), Eco Village 1 (Noida Extension) and Upcountry (Yamuna Expressway).
April 11, 2019, 12:02 p.m.

We believe Laurus Labs is at the cusp of strong earnings growth over FY19-21E, led by increased traction in its formulation business and changed product mix in the API segment.
April 10, 2019, 12:01 p.m.

JLR’s wholesale volumes declined 8% YoY (+41% MoM) to 70.2k units (in-line) in Mar’19, including China JV volumes of 4.8k units (-32% YoY).
April 10, 2019, 12:01 p.m.

Shree Cement Ltd (Shree), promoted by Mr. H M Bangur, Managing Director, is India's fourth largest cement manufacturer, with 8% market share, sold under “Shree Jung Rodhak, Bangur, Rockstrong and Roofon” brands.
April 9, 2019, 1:04 p.m.
Author : SKP Research | Publisher:

Sobha is one of the reputed South-India based developers with a strong track record of quality construction and timely delivery led by a backward integrated business model.
April 9, 2019, 11:34 a.m.

Lemon Tree Hotels Ltd. (LTH), incorporated in 1992 is the largest mid-priced hotel sector chain, and the third largest overall, on the basis of controlling interest in owned and leased rooms.
April 8, 2019, 8:57 p.m.
Author : AUM CAPITAL | Publisher: